Aviacode Raises $16M in Growth Funding
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.
Funding
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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Linked Companies
Aviacode
$10M to $25M