Aviacode Raises $16M in Growth Funding

Funding Rounds

Summary

Aviacode, a Salt Lake City-based provider of medical coding-related software and services, raised $16m in growth funding.The company will use the funds to further develop and market both its network of certified medical coders and its software-as-a-service (SaaS) platform.Led by Lane Monson, CEO, Aviacode has created a proprietary SaaS-based workflow platform to enhance the productivity of an organization’s internal team of medical coders.The company also uses this platform for customers that choose to outsource their medical coding.The platform helps these medical coders correctly translate clinical documentation into billing codes.

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Amount $16.0M Total raised
Date August 19, 2015 Announcement date
Investors Frontier Capital, Aviacode Lead investors
Company http://www.aviacode.com Funded company

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Aviacode
$10M to $25M