CodaMetrix

Boston, MA · Founded 2019 · Privately Held (backing)

Developer of an AI-powered platform designed to automate the coding cases that pass through health systems and inpatient departments. CodaMetrix is based in Boston, MA and was founded in 2019. It was valued at $395 million at its later-stage round in May 2025, the last priced event on record. It has raised $109 million across 3 recorded rounds; the latest was an $11.6 million early-stage round in Apr 2025.

PMV mark · valuation
$395.0M
Oct 2026
Priced at
its later-stage round
May 2025
Total raised
$109.0M
Last round
Early Stage VC
Apr 2025
How much has CodaMetrix raised?
$109.0Macross 3 recorded rounds · Dec 2022 – Apr 2025

Most recently, CodaMetrix raised $11.6M in its Early Stage VC (Apr 2025).

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CodaMetrix round by round

3 rounds
Apr 2025Early Stage VC$11.6MSEC filing▮
7 investors participated
Feb 2024Early Stage VC$37.0MSEC filing▮
10 investors participated
Dec 2022Later Stage VC$57.4MSEC filing▮
12 investors participated

How much has CodaMetrix raised?

CodaMetrix has raised $109 million across 3 recorded rounds since 2022. The largest was a $57.4 million later-stage round in Dec 2022; the most recent was an $11.6 million early-stage round in Apr 2025.

CodaMetrix has filed 3 Form Ds with the SEC since 2023, most recently in May 2025 ($11.6 million sold to 7 investors).

CodaMetrix investors

8 investors are on record for CodaMetrix, including SignalFire, Transformation Capital, Martin Ventures and CU Healthcare Innovation Fund. The early-stage round in Apr 2025 drew 7 investors.

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Frequently asked about CodaMetrix

How much has CodaMetrix raised?
CodaMetrix has raised $109.0M in total across 3 recorded funding rounds.
When was CodaMetrix's last funding round?
CodaMetrix's most recent recorded round was Early Stage VC in Apr 2025, raising $11.6M.