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KODE Health
KODE brings hospitals, physicians and coders together
About KODE Health
KODE Health operates as a health-tech company focused on the medical coding sector, providing an on-demand platform that connects healthcare facilities with certified medical coding professionals. Founded in 2021 by industry veterans Brian Dessoy and Brad Sawdon, the company aims to address the inefficiencies and staffing challenges inherent in traditional medical coding. The founders identified a need for more flexibility and cost savings within the healthcare administrative ecosystem, which led to the creation of a marketplace to unite hospital systems and coders.
The company's core offering is a proprietary platform that functions as a marketplace for medical coding services. Healthcare providers, such as hospitals and clinics, are the primary clients, utilizing the platform to manage fluctuations in workflow and staffing needs. KODE Health's business model is centered on providing these organizations with on-demand access to a network of certified coders, thereby helping to accelerate collections and reduce administrative costs. For the medical coding professionals, referred to as "Koders," the platform offers a flexible way to utilize their skills and manage their income. The company makes money by facilitating these connections and taking a share of the transaction, a model that has achieved operational profitability.
The KODE Management Platform integrates with clients' existing Electronic Health Record (EHR) systems. It uses AI and predictive analytics to optimize the revenue cycle management process for healthcare systems. This technology-first approach aims to improve coding accuracy and efficiency. The platform provides a centralized location for all necessary clinical information, which allows coders to work more accurately and efficiently without needing to switch between different systems. As of early 2025, KODE Health's network included over 5,500 certified coding professionals who have collectively coded more than 8 million medical records. The company has demonstrated significant growth, processing over a quarter of a million medical records monthly. A Series B funding round in January 2025 raised $27 million, intended to expand the coder network and further develop the AI-driven tools.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jan 2025 | $27M | $108M | FCA Venture Partners · Epsilon Venture Partners · 111° West Capital · Mercury Fund | ↗ |
| SERIES BEquity / VC | Nov 2023 | $0 | — | Undisclosed | — |
Growth signals
Latest recorded traffic for KODE Health is 12K monthly website visits, up 263.6% over the last three months. KODE Health's team grew 103.6% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Noro-Moseley Partners- FPFCA Venture Partners
- EPEpsilon Venture Partners
111° West Capital
Mercury Fund
Other known investors5 additional known investors
Epsilon Health Investors
ID Ventures
Michigan Rise
Michigan State University Research Foundation
Red Cedar Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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