CodaMetrix
Code For Better, Contextual Coding Automation
Boston, United States · Founded 2018 · $107.0M raised
- Headquarters
- Boston, Massachusetts
- Employees
- 51–200
- Founded
- 2018
- Business Model
- B2B
- Website
- codametrix.com
- Total Funding
- $107.0M
- Last Round
- $40.0M Series BMar 2024
- Rounds
- 3
About
CodaMetrix is the leading AI-powered contextual coding automation platform, transforming revenue cycle operations for health systems by automating medical coding across specialties. Its CMX platform translates clinical notes into accurate medical codes, delivering up to 30% cost reduction, 5x faster turnaround, and a 5:1 ROI, currently serving 500+ hospitals and 100,000+ physicians across 30+ Epic health systems.
Summary
CodaMetrix is an Artificial Intelligence company based in Boston, United States, founded in 2018. It has raised $107.0M in total across 3 rounds, most recently a $40.0M Series B round in Mar 2024. Investors include SignalFire, Transformation Capital and Frist Cressey Ventures.
Tech & App Stack
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Funding History
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Mar 2024
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Seed through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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