Arintra raises $21M in series A round led by Peak XV Partners
The company said the funding will be used to fuel product development, expand adoption across US health systems and physician groups, and scale its team. It also plans to open a new Bay Area headquarters to support its growth plans.
Arintra, a GenAI-native medical coding platform, has raised $21 million in Series A funding. The round was led by Peak XV Partners, and included participation from Endeavor Health Ventures, Y Combinator, Counterpart Ventures, Spider Capital, Ten13, and several other investors.
The company said it will use the funding to fuel product development, expand adoption across the US health systems and physician groups, and scale its team. It also plans to open a new Bay Area headquarters to support its growth plans.
“At Arintra, we bring together autonomous medical coding, clinical documentation improvement, and denial prevention in a single platform. By helping providers document what was done, code what was documented, and properly support what was charged, we enable them to secure full, compliant reimbursement at a lower cost, with fewer delays and significantly less manual effort,” said Preeti Bhargava, Co-founder and CTO of Arintra.
Founded in 2020 by Nitesh Shroff and Preeti Bhargava, the system integrates with leading Electronic Health Record (EHR) platforms such as Epic and Athena, functioning easily within existing healthcare workflows.
The GenAI-native platform combines large language models (LLMs) with clinical knowledge graphs to interpret patient charts in context and apply specialty-specific coding rules. It added that each code produced is fully explainable and auditable, in order to build trust in a high-stakes environment.
“The disruption of the $150 billion healthcare reimbursements industry will be one of AI’s defining impacts. Arintra’s autonomous system tackles one of the hardest challenges for providers; translating clinical documentation into accurate insurance codes so they get paid fairly and fast. The results speak for themselves; providers are recovering millions in lost revenue by partnering with Arintra,” said Mohit Bhatnagar, MD, Peak XV.
“It is a great example of vertical AI done right - real enterprise adoption, clear ROI, and an ambitious roadmap as models continue to improve. After backing Nitesh and Preeti at seed through our Surge Program, Peak XV Partners is excited to double down and lead Arintra’s Series A round,” he added.
The company’s AI offering in medical coding claims to have processed over $1 billion in healthcare charges.
Edited by Megha Reddy