About Digitize.AI
Digitize.AI is a Healthcare company based in Charlotte (United States) founded in 2017 by Justin Adams, Pat Morrell, and Mark Henry, and was acquired by Waystar in July 2019. It operates as a prior authorization solutions are provided for healthcare professionals. Digitize.AI has raised $625 thousand across 4 funding rounds from investors including Waystar, Praxis and Dreamit. Its chief executive is Justin Adams. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Qventus, Pair Team, LeanTaaS, iCoreConnect and Avant-garde Health and 2 more; 7 of its 7 listed competitors have raised funding.
Company details
Digitize.AI was founded in 2017 and is based in Charlotte, United States. Operations focus on healthcare, where prior authorization and utilization management solutions are delivered to professionals. Key offerings include Lia, an AI-driven tool for prior authorizations that supports revenue cycle management and denial reduction, alongside Mia. These services address administrative needs in the sector.
- Headquarters Charlotte, United States
- Founders Justin Adams, Pat Morrell, Mark Henry
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website digitize.ai
- Social LinkedIn X
- Acquired by Waystar (Jul 2019)
Funding Insights of Digitize.AI
Digitize.AI has successfully raised a total of $625K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in June 2019. 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 $625,000
- Total Rounds 4
- Last Round Seed — $100,000
- First Round $525,000
(Aug 2017)
- Investors Count 2
All 4 funding rounds of Digitize.AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in Digitize.AI
Digitize.AI has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Waystar, Praxis and Dreamit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector-agnostic acceleration is provided to startups by Praxis. | – | praxislabs.org | New York, United States | |
Startup accelerator | – | dreamit.com | New York, United States | |
Cloud-based healthcare revenue cycle management solutions are provided. | 2000 | waystar.com | Duluth, United States |
Investor details for Digitize.AI
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People of Digitize.AI
3 people are tracked at Digitize.AI (3 in leadership).
| Name | Role | Group |
|---|---|---|
Justin Adams | Co-Founder & CEO | Leadership |
Pat Morrell | Co-Founder | Leadership |
Mark Henry | Co-Founder | Leadership |
Complete people profiles for Digitize.AI
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Timeline of Digitize.AI
4 dated milestones of Digitize.AI across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Digitize.AI is founded.
- Funding First funding round of $525K.
- Funding Latest funding round, Seed, of $100K.
- Exit Acquired by Waystar.
Competitors of Digitize.AI
Digitize.AI has 7 listed competitors in our database, 7 of them funded. They include Qventus, Pair Team, LeanTaaS, iCoreConnect and Avant-garde Health, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| qventus.com | 2011 | Los Altos, United States | $201M | – | AI software is utilized to optimize hospital operations. | |
| pairteam.com | 2019 | San Francisco, United States | $19.65M | 169 | Workflow management software is provided for healthcare providers. | |
| leantaas.com | 2010 | Santa Clara, United States | $241.44M | 175 | Resource utilization and patient times are optimized via specialized tools. | |
| icoreconnect.com | 2001 | Winter Garden, United States | $6.79M | – | Cloud-based workflow solutions are offered for dental practices. | |
| avantgardehealth.com | 2014 | Cambridge, United States | $16.48M | 17 | Web-based analytics platform for improving care quality and tracking performance | |
| tennr.com | 2021 | New York, United States | $156.5M | – | Platform offering sales playbook software | |
| dock.health | 2017 | Boston, United States | $8M | – | Software is provided for clinical task management and collaboration. |
Detailed competitors of Digitize.AI
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Top companies in Clinical IT & Data Platforms
10 companies that operate in the same segment as Digitize.AI (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
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 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | 992 | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | 2,470 | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Related news about Digitize.Ai
Complete news archive for Digitize.AI
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Frequently Asked Questions about Digitize.AI
Digitize.AI was founded in 2017.
Digitize.AI is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Justin Adams is the current CEO of Digitize.AI. They have also founded this company.
Digitize.AI is a funded company, having raised a total of $625K across 4 funding rounds to date. The company's 1st funding round was a Seed of $525K, raised on Aug 2017.
Digitize.AI was founded in 2017 and is based in Charlotte, United States. Operations focus on healthcare, where prior authorization and utilization management solutions are delivered to professionals. Key offerings include Lia, an AI-driven tool for prior authorizations that supports revenue cycle management and denial reduction, alongside Mia. These services address administrative needs in the sector.
Yes. Digitize.AI was acquired by Waystar in July 2019.