PE-VC Fund Investments
Medical coding platform Arintra raises $21-M led by Peak XV Partners
Bengaluru-based medical coding platform Arintra has raised USD 21 million in a Series A funding round led by Peak XV Partners. The round also saw participation from Endeavor Health Ventures, Y Combinator, Counterpart Ventures, Spider Capital, Ten13, and others.The proceeds from the issue will be used by the firm for expanding and building its autonomous medical coding for healthcare revenue assurance and to scale up its product development and team, besides opening its presence in Bay Area.Founded in 2020 by Nitesh Shroff and Preeti Bhargava, Arintra operates a GenAI-native autonomous medical coding platform for healthcare providers by enabling the health systems to get paid accurately and efficiently.
In Mar 2021, Arintra had attracted about USD 1- M from GTMfund, Peak XV Partners, and others.For FY24, Arintra had reported about INR 16.36 Cr in Operating Income and about INR 1.56 Cr in PAT.
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