Commure raises $70M, boosting post-money valuation to $7B

The funding brings the company's total raise to $750 million. AI-enabled healthcare software company Commure has raised $70 million, bringing its total raise to $750 million and its post-money valuation to $7 billion. General Catalyst led the round, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. Commure, along with its subsidiary Athelas, offers AI-enabled tools focused on helping healthcare providers with administrative work. It provides a revenue cycle management platform and clinical workflow tools, including ambient AI, autonomous coding, and clinical intelligence to support appointment scheduling. The company will use the funds to scale its revenue cycle…

Source: MobiHealthNews