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Codoxo

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Codoxo (formerly Fraudscope) aims to put more of our healthcare dollars towards patient care by reducing billing claims fraud

Atlanta, United StatesFounded 2016Health Tech & Medtech
Valuation $100–250M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Codoxo and the history behind them.

About Codoxo

Codoxo specializes in developing AI-driven solutions aimed at helping healthcare companies and agencies identify and address cost-related issues swiftly. Operating within the healthcare sector, Codoxo serves a diverse range of clients including health plans, pharmacy benefit managers (PBMs), and government agencies. The company leverages its patented AI technology to ensure payment integrity and to detect fraud, waste, and abuse that other solutions might miss. Codoxo's business model revolves around offering a suite of products and services such as Prior Authorization Acceleration, Network Integrity Contract Management, and Outsourced Virtual Services. These offerings are designed to improve efficiency, transparency, and insight within healthcare operations. The company generates revenue through subscription-based models and professional services, including data migration and ongoing customer success support. Codoxo's AI solutions are recognized for their speed in detection and deployment, which helps clients contain costs more effectively. The company's mission is to disrupt the status quo in healthcare cost management, making it more affordable and effective through innovative AI technology.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Atlanta, United States
Employees
94
Open positions
6
Dealroom signal
85.3/100
Industry
Health, Fintech
Sub-industry
Health Platform, Insurance
Sector
Health Tech & Medtech, Core AI, Spinout, Insurtech Claim, Health Insurance, LandH Insurance, Hard Tech, AI Applications
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Dec 2025 $35M $140M Sands Capital Management · Wipro Ventures · Brewer Lane Ventures · 450 Ventures ↗
SERIES BOther financing Feb 2022 $20M $80M QED Investors ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Codoxo website traffic

Latest recorded traffic for Codoxo is 5.1K monthly website visits, down 12.1% over the last three months. Codoxo's team grew 5.6% over the past year.

Latest monthly visits5.1K 3-month web change-12.1% 1-year team growth+5.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • The Wallace H. Coulter Foundation
  • ForgeHealth
  • TechSquare Labs
  • GRA Venture Fund
  • Spider Capital
  • Mosley Ventures

Series A2 investors entered at this stage

Series B and later6 investors entered at this stage

  • CVS Health Ventures
  • Sands Capital Management
  • Wipro Ventures
  • 450 Ventures
  • Echo Health Ventures
  • 111° West Capital

Other known investors1 additional known investor

  • Georgia Institute of Technology
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Codoxo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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