How Commure is Transforming Healthcare Operations Using AI

Commure, the AI-native enterprise RCM & ambient platform, led by Tanay Tandon, Deepika Bodapati, and the team, has announced $70 million in financing at a $7 billion post-money valuation. The round was led by General Catalyst, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis.

Commure uses AI and agents to streamline administrative work in health systems, targeting one of healthcare’s largest cost centers, estimated at about $1 trillion annually in the U.S. alone.

Healthcare AI Deployed at Unparalleled Scale

Commure operates at a large scale across more than 500 healthcare organizations and 3,000+ care sites, embedded in the workflows of tens of thousands of physicians, including over 130 major U.S. health systems.

Its revenue cycle management platform processes tens of billions of dollars in annual payments and completes more than 85% of tasks without human intervention, while its Ambient AI suite supports tens of millions of appointments annually.

To support its expansion, the capital will be used to scale Commure’s revenue cycle and practice management platform across hospitals, specialty practices, and integrated delivery networks, replacing legacy billing vendors, BPO services, and rules-based systems.

It will also advance the platform’s shared intelligence layer to improve agentic handling of payer rules, specialty coding, denial patterns, and clinical context, while expanding its AI infrastructure into global healthcare markets facing rising demand, workforce shortages, and administrative burden.

“For thirty years, healthcare expected software to fix administrative work, but it didn’t because it couldn’t actually do the work, calls, notes, codes, claims, denials, and appeals,” said Tanay Tandon, CEO of Commure. “AI can. We are already doing this across specialty clinics and large health systems, and this round allows us to scale it more broadly.”

An AI-Native Platform for the Next Era of Healthcare

Commure, and its subsidiary Athelas, delivers AI across the front, middle, and back of the revenue cycle, helping healthcare organizations automate administrative work while giving clinicians time back to care.

“Healthcare is one of the largest sectors globally and a key area to rebuild with AI,” said Hemant Taneja, CEO of General Catalyst. “Commure is building not just features or co-pilots, but a system of agents that execute administrative and clinical work in a fundamentally new way, with the potential to significantly reduce the cost of care.”