About Semantic Health
Semantic Health is a Healthcare company based in Toronto (Canada) founded in 2019 by Nicola Sahar and Hassan W Bhatti, and was acquired by AAPC in November 2023. AI-based medical billing solutions are provided for healthcare professionals. Semantic Health has raised $3.3 million across 1 funding round from investors including AAPC, Wayfinder Ventures and DCVC. The company has 21 employees. Its chief executive, as recorded, is Nicola Sahar. Semantic Health offers products and services including Semantic Health Information Platform and Concurrent Coding Tool. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is Semantic Health Inc.
Company details
Semantic Health was founded in 2019 in Toronto, Canada, within the healthcare technology sector. An AI-driven platform is offered to support medical coders and auditors in reviewing clinical documentation. Revenue cycle management is facilitated through analysis of clinical notes, alongside clinical decision support. Reporting optimization, reimbursement processes, and operational efficiencies are addressed for healthcare providers.
- Headquarters Toronto, Canada
- Employees 21
- Founders Nicola Sahar, Hassan W Bhatti
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Website semantichealth.ai
- Social LinkedIn X
- Acquired by AAPC (Nov 2023)
- Legal Name Semantic Health Inc.
Products & Services of Semantic Health
Semantic Health offers a comprehensive portfolio of products and services, including Semantic Health Information Platform and Concurrent Coding Tool.
Platform for AI-powered medical coding and auditing processes.
Tool that automates code suggestions and data quality reviews.
Funding Insights of Semantic Health
Semantic Health has successfully raised a total of $3.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.3 million completed in June 2021. 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 $3.3M
- Total Rounds 1
- Last Round Seed — $3.3M
- First Round $3.3M
(Jun 2021)
- Investors Count 5
All 1 funding rounds of Semantic Health 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 |
|---|---|---|---|---|---|
| Jun 2021 | $3.3M | Seed | – | DCVC |
6 investors in total: 6 institutional.
Investors in Semantic Health
Semantic Health has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include AAPC, Wayfinder Ventures and DCVC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | dcvc.com | Palo Alto, United States | ||
Early-stage venture capital is provided by Preface Ventures. | prefaceventures.com | |||
Venture capital fund focused on seed-stage investment in multiple sectors | liquid2.vc | San Francisco, United States | ||
RiSC Capital is focused on funding deep tech startups in Canada. | risc.capital | Canada | ||
Seed-stage investments in early B2B startups are made by Wayfinder. | 1996 | wayfinder.com | Stockholm, Sweden | |
Training is offered for physician-based medical coders with certification. | 1988 | aapc.com | Salt Lake City, United States |
Investor details for Semantic Health
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People of Semantic Health
16 people are tracked at Semantic Health (4 in leadership, 12 in team); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
Nicola Sahar | Co-Founder & CEO | Leadership |
Hassan W Bhatti | Co-Founder | Leadership |
Ali Zaman | Head Of Engineering | Leadership |
Nicola Sahar, MD | Co-Founder & CEO | Leadership |
Igor Pontes | Machine Learning Engineer | Team |
Kai Wang | Machine Learning Team Lead | Team |
Rahim Jiwani | Engineering Team Lead | Team |
Imran Raza Malik | Country Lead / Software Manager | Team |
Romina Bahrami | Machine Learning Engineer | Team |
Randall Sargent | Software Engineering Manager | Team |
Casey Toews | Senior Software Engineer & Project Lead | Team |
Cindy Braden | Sales Marketing | Team |
Talha P. Janjua | Lead - Growth And Product BD | Team |
Aatif Susiwala | Business Development And Operations | Team |
Talal Qayyum | Full Stack Software Engineer | Team |
Saud Rais | Full Stack Engineer | Team |
Complete people profiles for Semantic Health
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Timeline of Semantic Health
3 dated milestones of Semantic Health across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Semantic Health is founded.
- Funding First funding round of $3.3M.
- Exit Acquired by AAPC.
Web traffic of Semantic Health
The website of Semantic Health (semantichealth.ai) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 34.2% vs previous month
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Frequently Asked Questions about Semantic Health
Semantic Health was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Semantic Health is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Nicola Sahar is the CEO of Semantic Health, as recorded in our data. They have also founded this company.
Semantic Health is a funded company, having raised a total of $3.3M across 1 funding round to date. The company's 1st funding round was a Seed of $3.3M, raised on Jun 2021.
Semantic Health has 21 employees.
Semantic Health was founded in 2019 in Toronto, Canada, within the healthcare technology sector. An AI-driven platform is offered to support medical coders and auditors in reviewing clinical documentation. Revenue cycle management is facilitated through analysis of clinical notes, alongside clinical decision support. Reporting optimization, reimbursement processes, and operational efficiencies are addressed for healthcare providers.
Semantic Health offers Semantic Health Information Platform and Concurrent Coding Tool.
Semantic Health has 6 investors. Key investors include AAPC, Wayfinder Ventures, DCVC, Preface Ventures, and Liquid 2 Ventures.
Semantic Health operates through Semantic Health Inc..
Yes. Semantic Health was acquired by AAPC in November 2023.