KODE Health is a technology company.
KODE connects healthcare providers to the largest community of medical coding professionals. Explore what a world built just for coding will do for you.
KODE Health has raised $27.0M across 1 funding round.
KODE Health has raised $27.0M in total across 1 funding round.
KODE Health is a health-tech company founded in 2021 that operates an on-demand platform connecting U.S. healthcare providers with a network of over 5,500 certified medical coding professionals, known as "Koders."[1][2][7] It solves inefficiencies in traditional medical coding—where administrative costs consume 15-30% of U.S. healthcare spending—by enabling flexible staffing, faster reimbursements, and AI-driven tools for revenue cycle management.[1][2] The platform serves hospitals, health systems, and physician groups facing workflow fluctuations, while empowering coders with control over their schedules, unlimited PTO, and quick payments; it now codes over 250,000 records monthly, has processed 8 million total, maintains profitability, and employs 51-200 remote workers.[1][2][4]
In January 2025, KODE raised $27 million in Series B funding to expand its coder network, advance AI and predictive analytics, and evolve beyond staffing into comprehensive revenue cycle solutions, backed by investors recognizing its disruptive potential.[1]
KODE Health was founded in 2021 by industry veterans Brian Dessoy and Brad Sawdon, both experienced medical coders who identified flaws in rigid, traditional coding processes at hospitals and agencies.[1][2][3] The idea emerged from a decade-long shift toward on-demand models in other sectors (e.g., Uber for drivers), accelerated by COVID-19 disruptions that exposed staffing vulnerabilities in healthcare.[2][4] They built a proprietary marketplace—"Kode Management platform" and "Koder marketplace"—to let certified coders (AHIMA/AAPC) work flexibly from anywhere, while giving providers secure, scalable access to talent for record reconciliation and maximum reimbursements.[1][4][7]
Early traction came quickly: the platform grew to code millions of records, achieve consistent profitability, and attract major funding, proving demand for its human-centric, tech-enabled approach amid rising administrative burdens.[1][2]
KODE rides the healthcare AI and gig economy wave, targeting revenue cycle management amid soaring U.S. administrative costs (15-30% of expenditures) and post-COVID staffing volatility.[1][2] Timing is ideal: evolving regulations, AI adoption in admin tasks, and demand for flexible labor mirror Uber's disruption of transport, now applied to coding—a $10B+ market bottleneck.[1][4] Market forces like labor shortages and reimbursement pressures favor its model, influencing the ecosystem by empowering 5,500+ coders, serving diverse providers, and pushing AI integration for efficiency—potentially lowering costs industry-wide as it scales predictive tools.[1][2]
(Note: KODE Labs in [6] appears unrelated, focusing on building management systems like KODE OS for compliance in ORs/pharmacies.[6])
KODE Health is poised to dominate on-demand medical coding, leveraging its $27M Series B to supercharge AI analytics and network growth, potentially capturing more of the inefficient revenue cycle market.[1] Trends like AI automation, remote gig work, and healthcare cost pressures will propel it, evolving from staffing to full-suite RCM platform amid regulatory shifts. Its influence may expand by standardizing flexible coding, boosting provider margins, and redefining coder careers—cementing its role as the Uber of health-tech admin, much like its 2021 origins disrupted a stagnant industry.[1][2][4]
KODE Health has raised $27.0M in total across 1 funding round.
KODE Health's investors include 111° West Capital, Mercury Fund.
KODE Health has raised $27.0M across 1 funding round. Most recently, it raised $27.0M Series B in January 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2025 | $27.0M Series B | 111° West Capital, Mercury Fund |