CodaMetrix

Code For Better, Contextual Coding Automation

Boston, United States · Founded 2018 · $107.0M raised

Employees
51–200
Founded
2018
Business Model
B2B
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

6 technologies & apps tracked

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Funding History

Series BSeries BMar 2024
$40.0M

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Investors

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