Commure, a developer of AI software agents to automate repetitive healthcare workflows, raised $70 million in a new funding round at a post-money valuation of $7 billion.
The investment round was led by General Catalyst, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis.
Including the latest round, Commure has raised $750 million in funding to date. Last year, Commure raised $200 million in growth funding from General Catalyst’s Customer Value Fund (CVF).
Commure has already deployed its advanced AI and Agents across health systems and practices, transforming the day-to-day lives of providers and healthcare administrators. The company presently serves more than 130 healthcare organizations across the U.S., including HCA Healthcare and Tenet Healthcare.
“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 dramatically impact the cost of care,” added Hemant Taneja.
Digital health companies, including AI-powered healthcare workflow automation software startups, have secured more than $180 billion in funding to date, according to our recent Funding Database.
Notable recent funding rounds include:
XCaliber Health, a developer of an agentic operating system purpose-built to reduce administrative burden, cut millions in operational waste, and improve the quality of clinical care delivered to patients, raised $6.5 million in Seed funding.
Magicare AI (formerly Exponential), a developer of an agentic operating software system for post‑acute care providers, raised $3.6 million in a pre-seed funding round led by Mana Ventures.
DEPTH Health, a developer of personalized, clinically guided, and AI-driven patient flow optimization solutions, raised $1 million in a Seed funding round from Green Harvest Capital Industries (GHC Industries), a minority-owned private equity firm with over $500 million in assets under ownership.
Photon (Photon Health), a developer of the end-to-end AI-powered digital prescription infrastructure for modern healthcare, raised $16 million in a Series A round.