HomeUSAAnatomy Financial Raises $19M in Series A Funding

Anatomy Financial Raises $19M in Series A Funding

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Anatomy Financial

Anatomy Financial, a San Francisco, CA-based developer of the AI-powered lockbox to convert paper mail from healthcare practices of all sizes to an email-like experience for simplified billing workflows, raised $19M in Series A funding.

The round was led by Canapi Ventures. Neil Underwood from Canapi and Nicole Quinn from Lightspeed Venture Partners will be joining the Anatomy board.

The company intends to use the funds to expand operations and its development efforts.

Anatomy aims to automate financial operations for healthcare organizations. Its solutions include Explanation of Benefits (EOB) conversion to 835s, modern healthcare lockbox services, and smart reconciliation.

Practices that use Anatomy’s AI healthcare lockbox simply have to change their billing address to reroute checks to the service, which transforms their physical mail into an email-like experience. The mail is run through Anatomy’s AI system where Explanation of Benefits are converted to electronic remittances and correspondence is automatically classified.

FinSMEs

17/12/2024

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