Commure Raises $70M in Funding Led by General Catalyst

The round also saw participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. The company has a post-money valuation of $7 billion.

The company plans to use the funding to grow its operations and continue developing its technology.

Commure uses advanced AI and agent-based systems to help health systems and medical practices improve their operations, making daily work easier for providers and administrators.

The company focuses on reducing administrative work, which is one of the biggest cost drivers in healthcare. In the U.S. alone, administrative tasks account for around $1 trillion annually and place a heavy burden on healthcare systems worldwide.

Commure’s revenue cycle management platform and clinical workflow tools are used by more than 500 healthcare organizations across 3,000+ care sites, supporting the daily work of tens of thousands of physicians. Over 130 major health systems, including HCA Healthcare and Tenet Healthcare, and thousands of physician practices use the platform across the U.S.

Its end-to-end RCM system processes tens of billions of dollars in annual payments and automates more than 85% of tasks without human involvement. The company’s Ambient AI tools, including Autonomous Coding and Clinical Intelligence, support tens of millions of patient appointments each year.

"For thirty years, healthcare was told software would fix administrative work. It didn't, because software could not actually do the work: the calls, the notes, the codes, the claims, the denials, and the appeals," said Tanay Tandon, CEO of Commure. "AI can. We are already performing this work across specialty clinics and the country's largest health systems. With this round, we can meet the demand to run it everywhere."

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“Healthcare is one of the largest sectors of economies worldwide and one of the most important to rebuild with AI,” said Hemant Taneja, CEO of General Catalyst. “Commure is doing it not as a feature or co-pilot, but as a system of agents completing administrative and clinical work in fundamentally modern ways. This is a generational business with the opportunity to impact the cost of care dramatically.”

About Commure

Commure provides AI infrastructure for healthcare systems by combining ambient workflows, agentic AI and revenue-cycle automation on a single platform. Its Forward Deployed Engineering teams work directly with clinicians and administrators to reduce workload, improve margins and enhance patient engagement.

More than 500 healthcare organizations use the platform across 3,000+ care sites integrate with 60+ EHR systems, and process tens of billions of dollars in annual claims. More than 85% of revenue cycle tasks are completed without human involvement.

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