Fundraising Fox

PatientKeeper

also invests · investor profileUnicorn · $7B

San Francisco, US · Founded 2017 · Delaware corporation · 1,580 employees on LinkedIn · 14 known investors

Commure develops software solutions for healthcare providers and administrators to reduce documentation burden, streamline denial management, and improve staff safety infrastructure. The company works with health systems to simplify healthcare delivery operations.

Also known as Commure · Commure Pro · PatientKeeper, Inc.

Founders & leadership

DV
Diede van LamoenExecutive

Board

HTHemant Taneja
Hemant Tanejain𝕏Board directorCEO & Managing Director of General Catalyst

Investors · 14

Also in the syndicate · 1

HCA Healthcare

Funding

SEC filings, press & company announcements

$2B disclosed across 13 of 14 rounds · 2017–2026

$4.5MraisedJun 2024 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel BrianExecutive Officer
  • Tanay TandonExecutive Officer, Director
  • Deepika BodapatiExecutive Officer, Director
  • Qasar YounisDirector
  • Teresa CarlsonDirector
  • Quentin ClarkDirector
  • Michael SchlosserDirector
  • Chris KuhnsExecutive Officer
  • Hemant TanejaDirector
Offering amount
$4.5M
Amount sold
$4.5M
First sale
May 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.3BraisedOct 2023 · 56 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Deepika BodapatiExecutive Officer, Director
  • Daniel BrianExecutive Officer
  • Ashwini ZenoozDirector
  • Quentin ClarkDirector
  • Qasar YounisDirector
  • Tanay TandonExecutive Officer, Director
  • Teresa CarlsonDirector
  • Michael SchlosserDirector
  • Hemant TanejaDirector
  • Chris KuhnsExecutive Officer
Offering amount
$1.3B
Amount sold
$1.3B
First sale
Oct 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$38.7MraisedOct 2023 · 38 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael SchlosserDirector
  • Tanay TandonExecutive Officer, Director
  • Chris KuhnsExecutive Officer
  • Ashwini ZenoozDirector
  • Quentin ClarkDirector
  • Deepika BodapatiExecutive Officer, Director
  • Teresa CarlsonDirector
  • Hemant TanejaDirector
  • Qasar YounisDirector
  • Daniel BrianExecutive Officer
Offering amount
$38.7M
Amount sold
$38.7M
First sale
Sep 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.8MraisedJan 2022 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ashwini ZenoozExecutive Officer, Director
  • Teresa CarlsonDirector
  • Michael SchlosserDirector
  • Hemant TanejaDirector
  • Quentin ClarkDirector
  • Karen TsayExecutive Officer
Offering amount
$7.5M
Amount sold
$3.8M
First sale
Dec 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$150MraisedSep 2021 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael SchlosserDirector
  • Quentin ClarkDirector
  • Karen TsayExecutive Officer
  • Hemant TanejaDirector
  • Brent DoverExecutive Officer, Director
Offering amount
$250M
Amount sold
$150M
Minimum investment
$1
First sale
Sep 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$149MraisedSep 2021 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael SchlosserDirector
  • Hemant TanejaDirector
  • Quentin ClarkDirector
  • Brent DoverExecutive Officer, Director
  • Karen TsayExecutive Officer
Offering amount
$149M
Amount sold
$149M
Minimum investment
$1
First sale
Sep 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$210.2MraisedSep 2021 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael SchlosserDirector
  • Brent DoverExecutive Officer, Director
  • Quentin ClarkDirector
  • Hemant TanejaDirector
  • Karen TsayExecutive Officer
Offering amount
$274.2M
Amount sold
$210.2M
Minimum investment
$1
First sale
Nov 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.3MraisedSep 2020 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Diede van LamoenExecutive Officer, Director
  • Karen TsayExecutive Officer
  • Quentin ClarkDirector
  • Brent DoverExecutive Officer, Director
  • Hemant TanejaDirector
Offering amount
$3.3M
Amount sold
$3.3M
Minimum investment
$1
First sale
Sep 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Commure operates an AI-native platform for healthcare providers spanning revenue cycle management and clinical documentation. Its product set covers front-end patient access (care navigation, appointment scheduling, prior authorizations, patient intake, referrals, check-in), mid-cycle clinical intelligence (clinical copilots, ambient AI scribing, care cues, autonomous coding, charge capture and clinical documentation improvement, staff safety), and back-end revenue integrity (reconciliation, denial management, appeal automation, patient responsibility, post-visit follow-up). The company describes a single data model connecting patient intake and clinician documentation through to claims and payment, integrated with more than 60 EHRs.

PatientKeeper, founded in 1996 and acquired by HCA Healthcare in 2014, develops EHR optimization software that streamlines clinical and revenue cycle workflows for providers, care teams, billers and coders, giving access to patient information from smartphones, tablets and PCs. HCA Healthcare agreed in August 2021 to sell PatientKeeper to Commure, which at the time said PatientKeeper would continue to operate as a standalone division and migrate onto Commure's cloud infrastructure. PatientKeeper's capabilities are now presented as Commure Pro, a clinical intelligence platform combining a Clinical CoPilot for patient-context search and summarization, Ambient AI documentation supporting multi-speaker visits in more than 100 languages, autonomous coding that generates CPT codes, ICD-10s, modifiers and quality measures from notes, charge capture and note reconciliation, mobile clinical results viewing across multiple EHRs, and CPOE order entry, all built on a unified clinical data repository with integrations, a rules engine and workflow orchestration.

Founding story

Commure was founded in 2017 by General Catalyst Managing Partner Hemant Taneja, who serves as co-founder and executive chairman, with the aim of building a universal platform and common architecture for healthcare applications. PatientKeeper was founded separately in 1996.

Business model

Commure sells software and AI-based automation to health systems, hospitals and physician groups, positioning its platform as a way to replace manual administrative labor across intake, documentation, coding, claims and payment workflows. In connection with the PatientKeeper transaction, HCA Healthcare licensed the Commure platform to continue using PatientKeeper software across its hospitals.

Enterprise software licensing to provider organizations; HCA Healthcare licenses the Commure platform to continue running PatientKeeper technology at its hospitals.

Traction

Commure reports more than 40 million ambient appointments, over $25 billion in annual claims on the platform, 150+ (elsewhere stated as 130+) health systems and 2,000 sites of care. Customer-reported outcomes cited include a 30% improvement in daily documentation efficiency, a 53% decrease in timely filing denials, 350+ hours saved per year in documentation time, a 54% reduction in no-show and cancellation rates at Yale New Haven Health, a 20% revenue increase at a New York City health system, and 20% more patients discharged directly home. For Commure Pro, the company cites 1-2 hours saved daily on documentation per clinician, an 83% reduction in charge entry time, a 20% improvement in revenue from missed charges, and a 50% reduction in denials from late filings. At the time of the 2021 sale, PatientKeeper had more than 75,000 active users and more than 50 health system clients.

Latest developments

Commure announced a $70 million raise at a $7 billion valuation to expand its AI-based healthcare operations software, with company news in mid-2026 referencing fresh capital to accelerate AI-powered digital transformation, an award recognizing its AI-native platform, CEO Tanay Tandon being named Executive of the Year, and the launch of a referral solution intended to replace fax-based workflows and reduce referral leakage. The company also promotes Commure Patient360 for pre-visit preparation and hosted Commure Nexus, a gathering of health system leaders focused on administrative cost in healthcare.

Full profile — market position, technology, go-to-market, geography, history

Market position

Commure positions itself as an end-to-end, AI-native RCM and ambient documentation platform serving a large installed base of health systems, in a healthcare IT market where systems of record are supplied by vendors such as Epic, Oracle Health (Cerner), MEDITECH and athenahealth. PatientKeeper was described at the time of its sale as a leading provider of physician workflow and EHR optimization software, acting as a system of engagement complementing the EHR system of record.

Commure emphasizes a single data model spanning the full revenue cycle, from patient intake and clinical documentation through coding, claims and payment, with deep integration into 60+ EHRs, rather than point solutions. Commure Pro consolidates ambient documentation, autonomous coding, charge reconciliation, mobile results viewing and order entry into one interface over a unified clinical data repository.

Technology

The platform is built on a single data model and unified clinical data repository with integrations across more than 60 EHRs, plus a rules engine and workflow orchestration layer. AI components include ambient documentation generated from live patient encounters that adapts to provider preferences, retrieval and summarization of patient history with traceability to source records, autonomous coding of CPT, ICD-10, modifiers, quality measures and HCC/RAF coding, and automated reconciliation of clinical notes against billing records. PatientKeeper technology was migrated onto Commure's cloud infrastructure following the 2021 acquisition.

Go-to-market

Direct enterprise sales to health systems supported by demo requests, case studies and customer testimonials, webinars co-hosted with partners such as AWS and Becker's Healthcare, and an in-person customer event (Commure Nexus). Distribution has also come through strategic relationships with large provider organizations, notably HCA Healthcare, which became a Commure shareholder as part of the PatientKeeper sale.

Health systems, hospitals, physician groups and digital-first providers, including large multi-site systems; PatientKeeper's customer base included HCA Healthcare's more than 180 hospitals and over 50 additional health systems.

Geography

Headquartered in San Francisco with customers across the United States, including named deployments at Mount Sinai Hospital, Yale New Haven Health, HCA Healthcare, Tenet Physician Resources, WellNow Urgent Care and Bethany Children's Health Center. PatientKeeper's operations included a Massachusetts-based contact line.

History

PatientKeeper was founded in 1996 and acquired by HCA Healthcare in 2014. In August 2021, HCA Healthcare agreed to sell PatientKeeper to Commure, a General Catalyst portfolio company founded in 2017, alongside an investment in Commure and a broader strategic collaboration between HCA Healthcare and General Catalyst; terms were not disclosed, and HCA Healthcare became a Commure shareholder. Commure's CEO at the time was Brent Dover and PatientKeeper's was Phil Meer; both teams said they would maintain headcount and growth plans, with PatientKeeper running as a standalone division and migrating to Commure's cloud. PatientKeeper's software is now marketed as Commure Pro, and Commure's later disclosures reference CEO Tanay Tandon and a $70 million raise at a $7 billion valuation.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Ambient appointmentsJan 202640M+
Annual claims processed on platformJan 2026$25B
Clinician documentation time saved daily with Ambient AIJan 20261-2 hours
Decrease in timely filing denials (Commure Pro customer)Jan 202653%
EHR integrationsJan 202660+
HCA Healthcare hospitals deploying PatientKeeperAug 2021more than 180
HeadcountAug 20261,580
Health systems servedJan 2026150+ (also stated as 130+)
Improvement in daily documentation efficiency (case study)Jan 202630%
Improvement in revenue from missed charges with Charge-Note ReconciliationJan 202620%
PatientKeeper active usersAug 202175,000
PatientKeeper health system clientsAug 2021more than 50
Reduction in charge entry time with Autonomous CodingJan 202683%
Reduction in denials due to late filings with Charge CaptureJan 202650%
Reduction in no-show and cancellation rates (Yale New Haven Health)Jan 202654%
Revenue increase at NYC health system using Commure RCMJul 202520%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

3 people who came through PatientKeeper went on to found or lead other companies.

Competitors · 6

by search overlap
Heidi356 shared keywordsHeidi builds an AI Care Partner platform that augments clinical workflows through an AI scribe and a medical research tool called Evidence, serving clinicians across hospitals and healthcare systems globally. The platform supports millions of weekly consultations across 110 languages and 190 countries.
Freed274 shared keywordsFreed builds an AI assistant for clinicians that generates clinical notes from patient encounters, offering customizable templates, visit prep summaries, patient-friendly instructions, referral and other letters, and suggested billable ICD-10, CPT, and E/M codes that can sync to an EHR. It serves healthcare providers looking to reduce documentation time.
Twofold Health208 shared keywordsAsk Twofold is an AI clinician assistant built into Twofold's clinical platform that helps healthcare providers with clinical documentation, referral letters, billing and coding support, and compliance preparation through conversational natural language. The tool serves mental and behavioral health providers, psychiatrists, psychologists, therapists, social workers, and other clinicians in solo practices, group practices, and clinics.
Carepatron198 shared keywordsCarepatron provides practice management and clinical workflow software for healthcare clinicians. The platform handles scheduling, patient documentation, billing, and payments in a single application, targeting medical practitioners globally.
Athelas117 shared keywordsAthelas develops software tools for private practice healthcare providers to reduce administrative burden, improve operational efficiency, and enhance patient scheduling and navigation capabilities.
Athenahealth Inc115 shared keywordsCloud-based healthcare platform for clinical workflows

Companies competing with PatientKeeper for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 8

launches, deals, and filings
Jul 2026
CEO Tanay Tandon named Executive of the Year

Commure announced that CEO Tanay Tandon was honored as Executive of the Year.

source ↗

Jul 2026
Tanay Tandon serving as CEO

Company news identifies Tanay Tandon as CEO of Commure, following Brent Dover, who was CEO at the time of the 2021 PatientKeeper acquisition.

source ↗

Jun 2026
Referral automation solution announced

Commure announced a solution intended to close the gap between referral sent and patient seen, eliminating fax-based workflows, reducing referral leakage and cutting pre-visit administrative burden.

source ↗

Jun 2026
Recognition for AI-native healthcare operations platform

Commure announced recognition highlighting its AI-native platform for transforming healthcare operations at scale.

source ↗

May 2026
Commure raises $70M at $7B valuation

Commure announced a $70 million raise at a $7 billion valuation to advance AI-based healthcare operations; company news dated May 19, 2026 references fresh capital to accelerate AI-powered digital transformation in healthcare.

$70M source ↗

Aug 2021
HCA Healthcare agrees to sell PatientKeeper to Commure

HCA Healthcare announced the sale of PatientKeeper to General Catalyst portfolio company Commure. Terms were not disclosed. HCA Healthcare also invested in Commure, becoming a shareholder, and agreed to license the Commure platform to continue using PatientKeeper software at its more than 180 hospitals. PatientKeeper was to operate as a standalone division within Commure and migrate to Commure's cloud infrastructure.

source ↗

Aug 2021
HCA Healthcare and General Catalyst form strategic collaboration

Alongside the PatientKeeper sale, HCA Healthcare and General Catalyst agreed to collaborate on connecting the health system to Silicon Valley technologies and on co-development of new provider-focused solutions with General Catalyst's ecosystem.

source ↗

Jan 2014
PatientKeeper acquired by HCA Healthcare

PatientKeeper, founded in 1996, was acquired by HCA Healthcare in 2014.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
PatientKeeperDelaware

In the news

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does PatientKeeper do?
Commure is an AI-native healthcare platform for revenue cycle management and ambient clinical documentation, incorporating PatientKeeper software.
Who are PatientKeeper's investors?
PatientKeeper's investors include 8VC, AIX Ventures, Designer Fund, General Catalyst, Human Capital, Jazzya Investments, Lux Capital, Martin Ventures and 5 more.
How much funding has PatientKeeper raised?
PatientKeeper has disclosed $2B raised across 13 of its 14 known rounds.
Where is PatientKeeper headquartered?
PatientKeeper is headquartered in San Francisco, US.