Procode AI raises $4M in funding led by Story Ventures to expand operations and acquire The Auctus Group.
Amount Raised
$4 Million
Round Type
Seed
Los AngelesBiotechnologyHealth CareArtificial IntelligenceMachine LearningInvestors
Description
Procode AI, a Los Angeles, CA-based AI-powered revenue cycle management (RCM) company, raises $4M in funding. The round was led by Story Ventures with participation from CHAP Health Ventures, Progression Fund, and Dmitry Shevelenko. The company intends to use the funds to expand operations and its development efforts while also acquiring The Auctus Group.
Quick answer
Procode AI raised $4 Million in a Seed round, dated March 2, 2026. Investors: CHAP Health Ventures, Progression Fund, Dmitry Shevelenko and Story Ventures. Procode AI is based in Los Angeles, California, United States.
- How much did Procode AI raise?
- Procode AI raised $4 Million in a Seed round on March 2, 2026.
- Who invested in Procode AI?
- CHAP Health Ventures, Progression Fund, Dmitry Shevelenko and Story Ventures are named as investors in this round.
- What does Procode AI do?
- Procode AI is an AI-powered revenue cycle management (RCM) company based in Los Angeles, CA.
- Where is Procode AI based and how big is it?
- Procode AI is based in Los Angeles, California, United States. Fundz records about 51 employees.
- Who are the decision-makers at Procode AI?
- Fundz holds 1 contact at Procode AI, including the Senior Data Scientist. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology and Health Care around the same time
Companies in the same sectors as Procode AI that raised within 45 days of this round, from Fundz verified event records.
- Lucem Health raised $8.4M on March 26, 2026.
- Thesis Care raised $45M (Series A) on March 25, 2026.
- Spectral AI raised $32M (Funding Round) on March 20, 2026.
- Health Universe raised $6M (Seed) on March 20, 2026.
- Waiv raised $33M (Funding Round) on March 12, 2026.
- TileBio raised $2.1M (Seed) on March 2, 2026.
Who to call at Procode AI, and when
A new round usually means Procode AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Procode AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Procode AI, from your own LinkedIn network
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Related People
Procode AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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