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

Who backs CodaMetrix?

8 investors
InvestorType
SignalFireVenture capital
Transformation CapitalGrowth equity
Martin VenturesVenture capital
CU Healthcare Innovation Fund—
Frist Cressey Ventures—
Mass General Brigham Ventures—
University of Colorado Health—
Yale School of Medicine—
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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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