Nym

New York, United States Founded: 2017 • Age: 9 yrs
Nym is focused on autonomous medical coding solutions for healthcare.

About Nym

Nym is a company based in New York (United States) founded in 2017. It operates as a AI-as-a-Service. Nym has raised $94.5 million across 4 funding rounds from investors including Bessemer Venture Partners, Lightspeed Venture Partners and PSG Equity. Nym offers products and services including Autonomous Medical Coding Engine. Nym operates in a competitive market with competitors including R1 RCM, LOGEX, AKASA, RateGain and XSOLIS, among others.

  • Headquarter New York, United States
  • Sectors
    Healthcare
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website nym.health
  • Social LinkedIn X
  • Legal Name Nym Health Ltd
Key Metrics
  • Total Equity Funding
    $94.5M (USD)

    in 4 rounds

  • Latest Funding Round
    $47M (USD), Series C

    Oct 2024

  • Investors

Products & Services of Nym

Nym offers a comprehensive portfolio of products and services, including Autonomous Medical Coding Engine.

Autonomous Medical Coding Engine
Healthcare Technology

Medical coding is automated with high accuracy levels.

Funding Insights of Nym

Nym has successfully raised a total of $94.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $47 million completed in October 2024. 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 $94.5M
  • Total Rounds 4
  • Last Round Series C β€” $47M
  • First Round $6M

    (Jun 2019)

  • Investors Count 10

All 4 funding rounds of Nym with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2024$47MSeries C–PSG
Jul 2021$25MSeries B–Addition
Oct 2020$16.5MSeries A–Google Ventures
Jun 2019$6MSeed–Bessemer Venture Partners
–
Valuation history

10 investors in total: 8 institutional and 2 angel.

Investors in Nym

Nym has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Lightspeed Venture Partners and PSG Equity.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Capital and operational support are provided to growth-stage software companies.
–psgequity.comBoston, United States
Corporate backed venture capital fund investing in multiple sectors
–gv.comMountain View, United States
Investments are made in early and growth-stage technology startups.
–addition.comNew York, United States
-
–dlcap.com-
Venture capital fund investing in early-stage tech startups
–samsungnext.comBerlin, Germany
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
1911bvp.comRedwood City, United States
Venture and private equity investments are managed with global diversification.
–tigerglobal.comNew York, United States
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States

Nat Turner

Co-founder of Flatiron Health, active angel investor in health tech.
–unknown_e8a715a23cef4493a-

Zach Weinberg

Co-founder of Flatiron Health, angel investor in health tech and AI startups.
–unknown_a76ae1ca32964f73a-
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Investor details for Nym

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

People of Nym

43 people are tracked at Nym (15 in leadership, 28 in team).

NameRoleGroup
Or Peles
CEOLeadership
Melisa Tucker
SVP & Head of ProductLeadership
Sagi Horev
Chief Medical Information OfficerLeadership
Mila Litrovnik
CFOLeadership
Scott Casale
VP, SalesLeadership
Guy Halevi
Chief Architect, Core Platform & ApplicationsLeadership
Omer Hanetz
Chief Architect, Enterprise SystemsLeadership
Roee Kenett
Medical DirectorLeadership
Carrie Graves
VP, Customer Engagement & SuccessLeadership
Tammy Lavi
VP, Inbound ProductLeadership
Ed Hughes
VP, SalesLeadership
Julien Dubuis
Chief Commercial OfficerLeadership
Aya Weinstein
VP ProductLeadership
Lindsey Kohr
Director Of GrowthLeadership
Michael Canino
Director, Sales OpsLeadership
Neta Haluts
LinguistTeam
Inbar Abarbanel
Solutions Squad LeadTeam
Ehud Halamish
Software EngineerTeam
Tal Serlin
Medical AnalystTeam
Eldar Shua
Software EngineerTeam

23 more people are available in the full profile.

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Complete people profiles for Nym

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Timeline of Nym

3 dated milestones of Nym across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nym is founded.
  2. Funding First funding round of $6.0M.
  3. Funding Latest funding round, Series C, of $47.0M.

Competitors of Nym

Nym 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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
r1rcm.com2003Chicago, United States–16,445
End-to-end revenue cycle management is provided for healthcare organizations.
logex.com2006Amsterdam, Netherlands––
Healthcare financial management solutions are developed for institutions and physicians.
akasa.com2018San Francisco, United States$80M46
Revenue cycle automation platforms are provided for healthcare reimbursement.
rategain.com2004London, United Kingdom$64.87M12
SaaS solutions for hospitality revenue and operations management are delivered.
xsolis.com2013Nashville, United States$75M166
AI-based platform for physicians and payers to analyze denial management
plusgrade.com2009New York, United States$150.67M–
SaaS revenue management solutions are offered to airlines for optimization.
volantio.com2008Atlanta, United States$9.35M13
AI-enabled inventory optimization and e-commerce solutions for airlines are provided.
fathomhealth.com2017San Francisco, United States$46.3M–
AI-based software for medical coding and PHI de-identification is provided.
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Detailed competitors of Nym

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  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of Nym

The website of Nym (nym.health) receives about 15.4K visits a month.

  • Monthly visits
    15.4K

    ▼ 35.1% vs previous month

Similar websites

Websites whose visitors overlap most with Nym. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
antidotehealth.com
100%
126.8K#329,184View details
codametrix.com
81%
5.3K#3,816,441View details
deliverhealth.com
81%
7.8K#2,451,490View details
elion.health
81%
57.2K#586,544View details
healthcareitnews.com
healthcareitnews.com
81%
–#409,888–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for Nym

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Nym

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Complete news archive for Nym

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Nym

10 companies that operate in the same segment as Nym (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 713.57 M––
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M233
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M––
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 508.73 M––
App-based health insurance is offered to individuals and businesses.
2016Paris, FranceUSD 863.12 M––
Virtual care programs for managing chronic diseases are provided.
2011San Francisco, California, United StatesUSD 450.12 MUSD 260.21 M–
AI-driven EMR and practice management software is delivered for clinics.
2010Boca Raton, Florida, United StatesUSD 329.17 M––
Cloud-based administrative tools for healthcare providers are offered.
1997Watertown, United StatesUSD 40 M––
Membership-based primary care platform is offered for employees and consumers.
2007San Francisco, California, United StatesUSD 402.56 M––
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Frequently Asked Questions about Nym

Nym was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Nym is headquartered in New York, United States. It is registered at New York, New York, United States.

Or Peles is the current CEO of Nym.

Nym is a funded company, having raised a total of $94.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Jun 2019.

Nym is engaged in providing autonomous medical coding solutions for health systems and physician groups. The company operates within the healthcare technology sector, offering a specialized engine that deciphers clinical language in patient charts to assign medical codes with high accuracy. Solutions are designed to reduce coding costs, accelerate billing processes, and improve revenue capture while supporting medical coding teams. Implementation of innovative Clinical Language Understanding (CLU) technology ensures over 95 percent accuracy and transparent audit trails.

Nym's top competitors include R1 RCM, AKASA and Volantio.

Nym offers Autonomous Medical Coding Engine.

Nym has 10 investors. Key investors include Bessemer Venture Partners, Lightspeed Venture Partners, PSG Equity, Google Ventures, and Addition.

Nym operates through Nym Health Ltd.

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