# CodaMetrix

**Source:** https://www.startuphub.ai/startups/codametrix
**Profile type:** Startup

> AI-powered platform automating medical coding for healthcare revenue cycle management.

## About

CodaMetrix offers an AI-Powered Contextual Coding Automation Platform designed to improve medical coding quality and performance for health systems. Their solution automatically applies codes across service lines, ensuring complete and on-time coding with precision for evolving payer rules. This platform aims to reduce manual work, enhance clinical data, and strengthen financial foundations for healthcare organizations.

## Key facts

- **Slug:** codametrix
- **Website:** https://www.codametrix.com/
- **Location:** Boston, United States
- **Founded:** 2019-01-01
- **Employees:** 128
- **Operating status:** Active
- **Total funding:** $97M
- **Sectors / tags:** HealthTech, AI, Medical Coding, Revenue Cycle Management, Healthcare Automation, NLP, Healthcare SaaS, Clinical AI
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/codametrix/
  - GitHub: https://github.com/phosphor-icons
  - Facebook: https://www.facebook.com/CMXCodaMetrix

## Frequently asked

### What does CodaMetrix do?

CodaMetrix offers an AI-Powered Contextual Coding Automation Platform designed to improve medical coding quality and performance for health systems. Their solution automatically applies codes across service lines, ensuring complete and on-time coding with precision for evolving payer rules. This platform aims to reduce manual work, enhance clinical data, and strengthen financial foundations for healthcare organizations.

### What is CodaMetrix's revenue?

StartupHub estimates CodaMetrix's annual revenue at $23.7M (range $13.2M to $40.8M, 63% confidence), based on comparable companies in the sector.

### What is CodaMetrix's valuation?

StartupHub estimates CodaMetrix's effective valuation at $156.1M (range $109.2M to $202.9M, 31% confidence), based on comparable companies in the sector.

### How much funding has CodaMetrix raised?

CodaMetrix has raised a total of $97M in funding. The most recent round on record is Series B.

### Where is CodaMetrix headquartered?

CodaMetrix is headquartered in Boston, United States.

### When was CodaMetrix founded?

CodaMetrix was founded in 2019.

### What industry does CodaMetrix operate in?

CodaMetrix operates in HealthTech, AI, Medical Coding, Revenue Cycle Management, Healthcare Automation, NLP.

### How many employees does CodaMetrix have?

CodaMetrix has approximately 128 people on record.

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