Tennr, a NYC-based startup that automates manual work for healthcare organizations, raised $18M in Series A funding.
The round was led by a16z with participation from Foundation Capital and The New Normal Fund. Other investors (from the seed round) included YCombinator, Zaza Pachulia, Jennifer Kaehms, and other health and AI focused investors.
The company, which has now raised over $25m, intends to use the funds to grow its team, and scale its operations.
Co-founded by Trey Holterman, Diego Baugh, and Tyler Johnson, Tennr enables healthcare organizations to automate referral processing, payment posting, claims auditing, medical record management and more. It cleans up the data coming in from faxes to automate patient intake and insurance communications. Tennr can read faxes, understand what information needs to be extracted from them, and where that information needs to go.
Commercial health plans like Prominence Health have begun to use the technology, among others.
FinSMEs
26/03/2024