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[Funding alert] NYC-based Tennr secures $18Million in Series A Round Funding

March 27, 2024
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Startuprise io
Tennr, a startup that automates manual work for healthcare organizations, secures $18million in series A round funding.

Tennr, a startup that automates manual work for healthcare organizations, secures $18million in series A round funding.

A16z led the round, in which Foundation Capital and The New Normal Fund also took part. Jennifer Kaehms, Zaza Pachulia, YCombinator, and other investors with an interest in AI and health were among the other investors (from the seed round).

With almost $25 million raised thus far, the company plans to develop its operations and expand its workforce.

Read also – NYC-based Coast Secures $92Million in Funding

Healthcare organisations can automate a variety of tasks using it, including medical record administration, payment posting, claims auditing, and referral processing. Tennr was co-founded by Trey Holterman, Diego Baugh, and Tyler Johnson.

In order to automate patient intake and insurance correspondence, it cleans up the data received from fax machines. Tennr is able to read faxes and comprehend what information should be taken out of them as well as where it should go.

About Tennr

Tennr, a New York-based company, automates the laborious, clumsy human tasks that prevent healthcare organisations from expanding their patient base, boosting income, and expanding their operations. Because these automations may be tailored to the specifics of every organization’s workflows, they can function precisely as a human would, utilising the technologies already in place in the practice. Tennr provides enterprise quality automations to help healthcare practitioners of all sizes optimise their back-office operations.

Read also – TX-based Blockhouse Digital Secures $2Million in GP Funding

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