Anomaly, a New York-based company looking to simplify medical billing, raised a $12 million Series A round. This round comes after a previously unannounced $5 million seed round which closed earlier this year, bringing the company’s total funding up to $17 million.
The Series A round was led by RRE Ventures and included participation from Link Ventures. Existing investors also include Madrona Venture Group, Declaration Partners, and Redesign Health.
Anomaly will use the funds to grow the team (the company currently has 12 employees) and scale up its business by partnering with more insurance companies and healthcare systems.
Company: Anomaly Insights, Inc
Round: Series A
Funding Month: October 2021
Lead Investors: RRE Ventures
Additional Investors: Link Ventures, Madrona Venture Group, Declaration Partners, and Redesign Health
Company Website: https://www.findanomaly.com/
Software Category: Precision payments platform
About the Company: Anomaly is a precision payments platform that uses artificial intelligence and novel data sources to streamline healthcare billing and improve payment accuracy a problem that costs the U.S. healthcare system more than $300 billion annually. Founded in 2020 and led by a team of top engineers, payment integrity experts, and healthcare industry veterans, Anomaly reduces friction between payers and providers by ensuring the payment process is accurate, streamlined, and trusted.