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CodaMetrix
AddedFeb 15, 2024
UpdatedJun 18, 2026
CodaMetrix

CodaMetrix

Series A

CodaMetrix: AI-powered platform optimizing healthcare revenue management and medical coding.

HQ
Boston, MA, US
Founded
2018
Overview
Compare
Fundraising
Employees
Website

CodaMetrix, founded with a mission to revolutionize healthcare revenue cycle management, leverages AI to optimize medical coding. The company’s platform integrates machine learning, deep learning, and natural language processing to autonomously convert clinical notes into billing and diagnostic codes. This innovation aims to reduce the human coding workload, enhance efficiency, and improve the quality of medical coding, ultimately allowing clinicians to focus more on patient care.

Notable investors in CodaMetrix include Transformation Capital, SignalFire, and Frist Cressey Ventures. The company has achieved significant milestones, such as securing $40 million in Series B funding and topping the KLAS Emerging Solutions Report for reducing the cost of care. These accomplishments underscore CodaMetrix's impact on the healthcare industry by streamlining administrative processes and contributing to cost reduction.

CodaMetrix - Products & Services

  • AI Medical Coding logo

    AI Medical Coding

    CodaMetrix uses AI to automate medical coding and revenue cycle processes for health systems.

    Competing Products

    Adonis logo
    Adonis logo
    Adonis logo

CodaMetrix - Similar Companies

Adonis logo

Adonis

adonis.io

Arintra logo

Arintra

arintra.com

Semantix logo

Semantix

us.semantix.ai

Fathom logo

Fathom

fathomhealth.com

Nym logo

Nym

nym.health

XpertDox logo

XpertDox

xpertdox.com

Foresee Medical logo

Foresee Medical

foreseemed.com

Lexigram logo

Lexigram

lexigram.io

Voyage Technologies logo

Voyage Technologies

voyagercm.com

Decoda Health logo

Decoda Health

decodahealth.com

Knowtex logo

Knowtex

knowtex.ai

Encoda logo

Encoda

encoda.com

Med-Metrix logo

Med-Metrix

med-metrix.com

Sage Medical logo

Sage Medical

Kaid Health logo

Kaid Health

kaidhealth.com

CodaMetrix - Quick Facts

Who are CodaMetrix's competitors?

Companies similar to CodaMetrix include Adonis, Arintra, Semantix and Fathom.

When was CodaMetrix founded?

CodaMetrix was founded in 2018.

Where is CodaMetrix's headquarters located?

CodaMetrix's headquarters is located in Boston, MA, US.

When was CodaMetrix's last funding round?

CodaMetrix's most recent funding round was for $55M (USD) in February 2023.

How much has CodaMetrix raised to-date?

As of Feb 27, 2023, CodaMetrix has raised a total of $55M (USD).

How many employees does CodaMetrix have?

CodaMetrix has 121 employees as of Feb 5, 2024.

CodaMetrix - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • Americas
Model
  • Platform
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Tags
  • Healthtech
  • SaaS
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 9 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 620000Health Care and Social Assistance
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 8000Health Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 7372Prepackaged Software
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified