CodeRyte

Acquired

Maryland, United States · $13.0M raised

Headquarters
Maryland
Employees
51–200
Business Model
B2B
Total Funding
$13.0M
Last Round
$13.0M Series DNov 2008
Rounds
2
Acquisition Date
Apr 2012

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

CodeRyte, founded in 2007 in Maryland, developed clinical natural language processing technology and computer-assisted coding solutions for healthcare outpatient providers. Its platform analyzed clinical documents to generate CPT and ICD codes, reducing manual coding labor and improving accuracy for revenue cycle management. In April 2012, 3M acquired CodeRyte to expand its 3M 360 Encompass system, rebranding as the 3M CodeRyte CodeAssist System.

Summary

CodeRyte is a Healthcare company based in Maryland, United States. It has raised $13.0M in total across 2 rounds, most recently a $13.0M Series D round in Nov 2008. Investors include Cardinal Partners, Commons Capital and Versant Ventures.

Funding & Exit History

AcquisitionApr 2012

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Funding: Series B through Series D. Amounts, valuations, and investors where available.

Investors

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