# Kode Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kode-health

- Industry: Healthcare IT
- Headquarters: US
- Website: www.kodehealth.com
- Total disclosed funding: $22M
- Latest round: Series B (Jan 30, 2025)
- Investors on record: 5

## About

Kode Health provides a platform designed to optimize the hiring and management of medical coding professionals. The company was founded in the US and has undergone strategic developments to enhance its operational capabilities. The founder's specific history and previous ventures are not detailed. Kode Health has one global office located in the US. On January 30, 2025, Kode Health completed a Series B funding round, raising USD 27.00 mn led by Noro-Moseley Partners, with additional investments from firms such as 111 West Capital, Epsilon Health Investors, FCA Venture Partners, and Mercury.

Kode Health offers a specialized platform that connects healthcare providers with a diverse community of certified medical coders. The core product facilitates the hiring and management of medical coding professionals, ensuring that healthcare organizations can adapt to varying staffing needs and address critical challenges like staffing shortages and fluctuating patient volumes. This service is essential for hospitals, clinics, and private practices throughout the United States, all of which depend on precise medical coding for billing and compliance purposes. Kode's platform has streamlined the hiring process for medical coders, providing healthcare facilities with on-demand access to qualified professionals.

Kode Health generates revenue primarily through a subscription-based model, allowing healthcare providers to connect with medical coders via the platform. Clients enter service agreements that specify terms of access, typically paying a monthly fee based on their unique requirements and the volume of coding work needed. This financial structure prioritizes flexibility and scalability, accommodating the evolving demands of healthcare providers. Kode may also offer premium services, including advanced analytics and reporting tools, enhancing client value. The revenue is directly linked to the number of healthcare providers utilizing the platform and their service access levels, supporting a sustainable business model.

In January 2025, Kode Health raised USD 27.00 mn in Series B funding, led by Noro-Moseley Partners, which will be utilized to develop its medical software technology. The company aims to enhance its platform by launching new features designed to improve operational efficiencies for healthcare providers. Additionally, Kode Health is targeting expansion into new markets across North America and intends to roll out its services in select regions by the end of 2025. This strategic growth plan underscores Kode Health's commitment to addressing the needs of the healthcare industry effectively.

## Funding rounds

- Series B, Jan 30, 2025, $22M — Noro-Moseley Partners, Mercury, Epsilon Health Investors, 111 West Capital, FCA Venture Partners

## Investors

- Noro-Moseley Partners (https://capitalatlas.ai/funds/noro-moseley-partners) — Series B
- Mercury (https://capitalatlas.ai/funds/mercury) — Series B
- Epsilon Health Investors (https://capitalatlas.ai/funds/epsilon-health-investors) — Series B
- 111 West Capital (https://capitalatlas.ai/funds/111-west-capital) — Series B
- FCA Venture Partners (https://capitalatlas.ai/funds/fca-venture-partners) — Series B