Commure Raises $70 Million at $7 Billion Valuation to Scale Healthcare AI

Overview

• Commure, which disclosed the raise Tuesday, secured $70 million at a $7 billion post-money valuation.
• General Catalyst led the funding with participation from Sequoia Capital, Morgan Stanley and Kirkland & Ellis.
• The company builds agentic AI that can plan steps and act to automate administrative work across health systems and clinics.
• Commure says its revenue cycle software completes more than 85% of tasks without human help and runs across 500+ organizations and 3,000 sites.
• The company plans to scale its revenue cycle and practice management tools and expand overseas, with Athelas supplying FDA-cleared AI diagnostics that plug into the platform.