Nym - About the company
Nym is a series C company based in New York City (United States), founded in 2017. It operates as a Provider of SaaS based clinical coding platform for revenue cycle management. Nym has raised $94.5M in funding from investors like Bessemer Venture Partners, Google Ventures and Addition. The company has 446 active competitors, including 82 funded and 25 that have exited. Its top competitors include companies like Infinx, R1 RCM and RapidClaims.
Company Details
Provider of SaaS based clinical coding platform for revenue cycle management. The auto-coding platform process the billing solutions directly from the clinical data charts to reduce denials and maximize audit functions for the healthcare organizations. It also gives an analysis of coding statistics and practices for administrative operations.
- Website
- nym.health
- Email ID
- *****@nym.health
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Series C
Total Funding
$94.5M in 4 rounds
Latest Funding Round
Investors
Ranked
41st among 446 active competitors
Employee Count
287 as on Jun 30, 2026
Legal entities associated with Nym
Nym is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NYM HEALTH LTD CIN: 515795466 , Israel, Active | Aug 02, 2018 | - | - | - |
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Nym's funding and investors
Nym has raised a total funding of $94.5M over 4 rounds. Its first funding round was on Jun 12, 2019. Its latest funding round was a Series C round on Oct 01, 2024 for $*****. 5 investors participated in its latest round. Nym has 34 institutional investors and 32 angel investors.
Here is the list of recent funding rounds of Nym:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 01, 2024 | 2370052 | Series C | 2500483 | 8553841 | 1357774 | 1864238 |
Jul 27, 2021 | 2866022 | Series B | 6614268 | 9776966 | 5402338 | |
Oct 13, 2020 | 3765716 | Series A | 6297759 | 6307366 |
View details of Nym's funding rounds and investors
Nym's founders and board of directors
Founder? Claim ProfileNym's employee count trend
Nym has 287 employees as of Jun 26. Here is Nym's employee count trend over the years:
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Nym's Competitors and alternates
Top competitors of Nym include Infinx, R1 RCM and RapidClaims. Here is the list of Top 10 competitors of Nym, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Infinx 2010, Spring (United States), Series D | Provider of platform for revenue cycle management | $186M | 69/100 | |
2nd | R1 RCM 2003, Chicago (United States), Acquired | Provider of AI-driven solutions for healthcare revenue cycle management and operations | - | 66/100 | |
3rd | RapidClaims 2023, Manhattan (United States), Series A | Provider of AI-powered platform for revenue cycle management and intelligence | $11.1M | 65/100 | |
4th | Volantio 2008, Atlanta (United States), Series A | AI-enabled inventory optimization and e-commerce solutions for airlines | $9.35M | 65/100 | |
5th | Fathom 2017, San Francisco (United States), Series B | Provider of autonomous medical coding platform and related coding services | $61M | 63/100 | |
6th | Leapfin 2015, San Mateo (United States), Acquired | Cloud-based revenue analytics & management solutions for businesses | $26.7M | 62/100 | |
7th | Arintra 2020, Austin (United States), Series A | AI powered autonomous medical coding solution for hospitals | $21.5M | 62/100 | |
8th | Janus AI 2020, Chicago (United States), Series B | AI and SaaS-based revenue cycle management tool for healthcare providers | $64M | 62/100 | |
9th | Charta Health 2023, San Francisco (United States), Series A | Provider of AI-based pre-bill review solutions for hospitals and healthcare providers | $30.1M | 61/100 | |
10th | Plusgrade 2009, New York City (United States), Series B | Provider of ancillary revenue solutions and loyalty program enhancement technologies | $151M | 60/100 | |
41st | Nym 2017, New York City (United States), Series C | Provider of SaaS based clinical coding platform for revenue cycle management | $94.5M | 46/100 |
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Nym's Investments and acquisitions
Nym has made no investments or acquisitions yet.
Reports related to Nym
Here is the latest report on Nym's sector:
News related to Nym
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Nym Named Among Top 100 Healthcare Technology Companies by The Healthcare Technology ReportBusiness Wire•Nov 20, 2024•Nym
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Autonomous Medical Coding Engine Nym Announces $47 Million Growth Investment Led by PSGintelligence360•Oct 09, 2024•Nym, PSG, Google Ventures, Samsung NEXT and 1 other
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Autonomous Medical Coding Engine Nym Announces $47 Million Growth Investment Led by PSGBusiness Wire•Oct 01, 2024•Nym Health, Dynamic Loop Capital, Samsung, Addition and 8 others
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Nym Wins “Health Administration Innovation Award” in 8th Annual MedTech Breakthrough Awards ProgramBusiness Wire•May 09, 2024•Nym
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Nym Meets Growing Demand For Autonomous Medical Coding With Expansion Into Inpatient Care SettingsBusiness Wire•Nov 28, 2023•Nym
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Nym Wins MedTech Breakthrough Award for Second Consecutive YearBusiness Wire•May 03, 2023•Nym, MedTech Breakthrough
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