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Tennr secured $18M from a16z to bring AI-powered fax machines back for healthcare organizations.

Mar 26, 2024over 1 year ago

Amount Raised

$18 Million

New Yorkinformation technology & servicesSoftwareArtificial IntelligenceInformation Technology

Investors

A16z

Description

Tennr has secured an $18 million investment from a16z to revitalize fax machines in healthcare organizations using AI technology.

Company Information

Company

Tennr

Location

150 W 22nd St

New York, New York, United States

About

Tennr takes healthcare providers from fax to first visit, faster. Using RaeLM™, the only vision-language model trained to interpret unstructured medical records against complex payor criteria, Tennr helps ensure payor-ready documentation, boost conversions, and cut first‑pass denials.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech