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Recondo

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Innovation meets authorization management

Greenwood Village, United StatesFounded 2007Fintech

Valuation $100–250M Last recorded · 2013

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Recondo

Recondo Technology, operating in the healthcare sector, specializes in revenue cycle management solutions aimed at improving financial performance and patient experience for healthcare providers. The company serves health systems, hospitals, and physician specialty practices by offering a suite of services including patient financial clearance, revenue integrity, claim management, denial management, and patient financial experience. Recondo's business model revolves around providing software solutions that automate and streamline administrative processes, thereby reducing claim rejections, capturing missing charges, and improving overall revenue collection. The company generates revenue through subscription fees for its software services and partnerships with healthcare organizations. By leveraging advanced technologies such as AI and RPA, Recondo enables healthcare providers to optimize their financial operations and focus more on patient care.

MoreLess Source: Dealroom company data

At a glance

Status: Acquired
Founded: 2007
Headquarters: Greenwood Village, United States
Employees: 57
Open positions: None listed
Dealroom signal: 64.8/100
Industry: Fintech, Enterprise Software
Sub-industry: Financial Management Solutions
Sector: Fintech, Health Care, Verification, Cloud Computing, Reporting, Community, Insurance, Automated Process, Insurtech, Authentification
Business model: SaaS
Client focus: b2c
Links: Website LinkedIn X

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ACQUISITION✓Exit	Dec 2019	$0	—	Waystar	—
DEBT✓Debt	Nov 2016	$16M	—	Bridgebank Capital · Lemhi Ventures	—

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Growth signals

Recondo website traffic

Latest recorded traffic for Recondo is 250 monthly website visits. Recondo's team declined 12.3% over the past year.

Latest monthly visits250 1-year team growth-12.3%

Monthly website visitsFeb 2016–Sep 2022

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