About CODAMETRIX
CODAMETRIX is a Healthcare company based in Boston (United States) founded in 2018. AI-based medical coding software is provided for healthcare professionals. It operates in the Healthcare and Technology sectors. CODAMETRIX has raised $109.04 million across 3 funding rounds from investors including Transformation Capital, SignalFire and Frist Cressey Ventures. The company has 103 employees. Its chief executive, as recorded, is Hamid Tabatabaie. CODAMETRIX offers products and services including CMX Automate and CMX Amplify. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include R1 RCM, AKASA and XSOLIS; 2 of its 3 listed competitors have raised funding.
Company details
CODAMETRIX was founded in 2018 in Boston, United States, and operates in the healthcare technology sector. A cloud-based platform is offered to medical organizations and professionals for autonomous coding support. Clinical workflow optimization and management tools are included, along with AI-enabled translators for medical histories to facilitate automated reimbursements. The focus remains on streamlining coding processes within healthcare settings.
- Headquarters Boston, United States
- Employees 103
- SectorsHealthcareTechnology
- Email••••••••
- Phone•••• ••••
- Website codametrix.com
- Social LinkedIn Facebook
- Total Equity Funding$109.04M (USD)
in 3 rounds
- Latest Funding Round$11.65M (USD), Series B
Apr 2025
- InvestorsTransformation Capital
& 6 more
- Employee Count103
Products & Services of CODAMETRIX
CODAMETRIX offers a comprehensive portfolio of products and services, including CMX Automate and CMX Amplify.
Automates coding for healthcare providers to reduce manual efforts.
Enhances coding accuracy and minimizes denials in revenue cycles.
Funding Insights of CODAMETRIX
CODAMETRIX has successfully raised a total of $109.04M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11.65 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $109.04M
- Total Rounds 3
- Last Round Series B — $11.65M
- First Round $57.39M
(Dec 2022)
- Investors Count 7
All 3 funding rounds of CODAMETRIX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $11.65M | Series B | – | – | – |
| Feb 2024 | $40M | Series B | – | Transformation Capital | |
| Dec 2022 | $57.39M | Series A | – | SignalFire |
7 investors in total: 7 institutional.
Investors in CODAMETRIX
CODAMETRIX has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Transformation Capital, SignalFire and Frist Cressey Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Healthcare startups are funded by this venture capital firm. | transformcap.com | Boston, United States | ||
Seed and early-stage startups are funded by SignalFire. | signalfire.com | San Francisco, United States | ||
Healthcare sector investments are primarily managed by Frist Cressey Ventures. | fcventures.com | Nashville, United States | ||
Early-stage tech focused VC firm investing in geographies such as the US | martinventures.com | Nashville, United States | ||
| cuvcfund.com | ||||
Healthcare services, patient care, and medical education in Connecticut. | yalemedicine.org | |||
| partners.org |
Investor details for CODAMETRIX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of CODAMETRIX
43 people are tracked at CODAMETRIX (25 in leadership, 18 in team); the tracked headcount is 103.
| Name | Role | Group |
|---|---|---|
Hamid Tabatabaie | CEO & President | Leadership |
Robin Lloyd | Chief Operating Officer | Leadership |
Barry Gutwillig | Vice President Business Development | Leadership |
Nicole MacMillan | Vp, Client Success | Leadership |
Malissa Bennett | Chief Revenue Officer (cro) | Leadership |
Debbie W. | VP Of Engineering | Leadership |
Mark Purcell | Sales Director | Leadership |
Rachel Reynolds | Vice President Of Sales | Leadership |
Chelsea Reilly | Senior Account Director | Leadership |
Rajesh Sharma RRT RRCP | Sales Director | Leadership |
Keith Grohbrugge | Director of Integration | Leadership |
Stephanie Maestrone | Sales Director | Leadership |
Connor Calhoun | Strategic Finance Director | Leadership |
John Boyer | Senior Strategic Partnership Director | Leadership |
Shaun Hines | Director Of Devops | Leadership |
Brad Justus | VP Of Sales | Leadership |
David Cooper | Director of Sales | Leadership |
Mark Pottle | Chief Financial Officer | Leadership |
Christopher Gervais | Chief Technology Officer | Leadership |
Dave Tran | Director Of Engineering | Leadership |
23 more people are available in the full profile.
Complete people profiles for CODAMETRIX
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Timeline of CODAMETRIX
3 dated milestones of CODAMETRIX across 7 years, from founding to its latest funding, stage changes and deals.
- Founded CODAMETRIX is founded.
- Funding First funding round of $57.4M.
- Funding Latest funding round, Series B, of $11.6M.
Competitors of CODAMETRIX
CODAMETRIX has 3 listed competitors in our database, 2 of them funded. They include R1 RCM, AKASA and XSOLIS.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| r1rcm.com | 2003 | Chicago, United States | 16,445 | End-to-end revenue cycle management is provided for healthcare organizations. | ||
| akasa.com | 2018 | San Francisco, United States | $80M | 46 | Revenue cycle automation platforms are provided for healthcare reimbursement. | |
| xsolis.com | 2013 | Nashville, United States | $75M | 166 | AI-based platform for physicians and payers to analyze denial management |
Detailed competitors of CODAMETRIX
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Web traffic of CODAMETRIX
The website of CODAMETRIX (codametrix.com) receives about 5.3K visits a month.
- Monthly visits5.3K
▲ 35.7% vs previous month
Websites whose visitors overlap most with CODAMETRIX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| curemd.com | 100% | #626,216 | View details | ||
| nym.health | 100% | 15.4K | #1,410,696 | View details | |
| thehealthcaretechnologyreport.com | 100% | #1,012,018 | View details | ||
| hitconsultant.net | 80% | 680.7K | #747,525 | View details | |
| fiercehealthcare.com | 80% | #168,797 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as CODAMETRIX (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Codametrix
Complete news archive for CODAMETRIX
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Frequently Asked Questions about CODAMETRIX
CODAMETRIX was founded in 2018 and raised its 1st funding round 4 years after it was founded.
CODAMETRIX is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Hamid Tabatabaie is the CEO of CODAMETRIX, as recorded in our data.
CODAMETRIX is a funded company, having raised a total of $109.04M across 3 funding rounds to date. The company's 1st funding round was a Series A of $57.39M, raised on Dec 2022.
CODAMETRIX has 103 employees.
CODAMETRIX was founded in 2018 in Boston, United States, and operates in the healthcare technology sector. A cloud-based platform is offered to medical organizations and professionals for autonomous coding support. Clinical workflow optimization and management tools are included, along with AI-enabled translators for medical histories to facilitate automated reimbursements. The focus remains on streamlining coding processes within healthcare settings.
CODAMETRIX offers CMX Automate and CMX Amplify.
CODAMETRIX has 7 investors. Key investors include Transformation Capital, SignalFire, Frist Cressey Ventures, Martin Ventures, and Yale Medicine.