About CODAMETRIX
CODAMETRIX is a company based in Boston (United States) founded in 2018. 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 as of December 31, 2023. CODAMETRIX offers products and services including CMX Automate and CMX Amplify. CODAMETRIX operates in a competitive market with competitors including R1 RCM, LOGEX, AKASA, RateGain and XSOLIS, among others.
- Headquarter Boston, United States
- Employees 103 as on 31 Dec, 2023
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$109.04 M (USD)
in 3 rounds
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Latest Funding Round
$11.65 M (USD), Series B
Apr 16, 2025
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Investors
Transformation Capital
& 6 more
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Employee Count
103
as on Dec 31, 2023
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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.
People of CODAMETRIX
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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.
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.
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Healthcare startups are funded by this venture capital firm.
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Seed and early-stage startups are funded by SignalFire.
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Healthcare sector investments are primarily managed by Frist Cressey Ventures.
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Investor details for CODAMETRIX
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Investments & Acquisitions by CODAMETRIX
Investment portfolio details for CODAMETRIX
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Financial Statements - CODAMETRIX
Detailed financials for CODAMETRIX
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Codametrix Comparisons
Peer comparison for CODAMETRIX
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Competitors of CODAMETRIX
CODAMETRIX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as R1 RCM, LOGEX, AKASA, RateGain and XSOLIS, among others.
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End-to-end revenue cycle management is provided for healthcare organizations.
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Healthcare financial management solutions are developed for institutions and physicians.
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Revenue cycle automation platforms are provided for healthcare reimbursement.
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SaaS solutions for hospitality revenue and operations management are delivered.
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AI-based platform for physicians and payers to analyze denial management
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SaaS revenue management solutions are offered to airlines for optimization.
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Detailed competitors of CODAMETRIX
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Latest news on 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 current CEO of CODAMETRIX.
CODAMETRIX is a funded company, having raised a total of $109.04M across 3 funding rounds to date.
As of Dec 31, 2023, the latest employee count at CODAMETRIX is 103.
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.