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Rhyme - About the company

Rhyme is a series C company based in New Albany (United States), founded in 2014 by Amol Arora and Joe Anstine. It operates as a Developer of automated software for processing medical prior authorization requests. Rhyme has raised $57M in funding from investors like Insight Partners, Rev1 Ventures and BIP Capital. The company has 115 active competitors, including 19 funded and 5 that have exited. Its top competitors include companies like SamaCare, Humata and Cohere Health.

Company Details

Developer of automated software for processing medical prior authorization requests. This platform integrates with electronic health records to remove manual tasks from authorization workflows. It facilitates data sharing between payers and providers to track authorization statuses and minimize administrative burdens. The system identifies inefficiencies and supports the transition toward removing authorization requirements at the point of care.
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Email ID
*****@getrhyme.com
Key Metrics
Founded Year
2014
Location
New Albany, United States
Stage
Series C
Total Funding
$57M in 3 rounds
Latest Funding Round
Ranked
Employee Count
65 as on Sep 30, 2026
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Rhyme's funding and investors

Rhyme has raised a total funding of $57M over 3 rounds. Its first funding round was on Oct 27, 2015. Its latest funding round was a Series C round on Feb 14, 2022 for $*****. 3 investors participated in its latest round. Rhyme has 10 institutional investors.

Here is the list of recent funding rounds of Rhyme:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 14, 2022
4791981
Series C
8923490
3437961
8348242
2810530
May 15, 2018
1676954
Series A
9832523
7877700
7804652
Oct 27, 2015
6253352
Seed
3087007
7921314
8227429
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Rhyme's founders and board of directors

Founder? Claim Profile
The founders of Rhyme are Amol Arora and Joe Anstine. Joe Anstine is the CEO of Rhyme.
Here are the details of Rhyme's key team members:

Rhyme's employee count trend

Rhyme has 65 employees as of Sep 26. Here is Rhyme's employee count trend over the years:
Employee count trend for Rhyme
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Rhyme's Competitors and alternates

Top competitors of Rhyme include SamaCare, Humata and Cohere Health. Here is the list of Top 10 competitors of Rhyme, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SamaCare
SamaCare
2010, San Francisco (United States), Series B
Provider of platform to manage prior authorisation solutions
$34.8M
65/100
2nd
Logo for Humata
Humata
2023, Winter Park (United States), Acquired
Platform offering prior authorization processes through AI and automation
$25M
63/100
3rd
Logo for Cohere Health
Cohere Health
2019, Boston (United States), Series C
Provider of prior authorization solutions to improve patient care
$200M
63/100
4th
Logo for OncoHealth
OncoHealth
2009, Atlanta (United States), Acquired
Online platform providing health solutions for providers and patients involved in cancer care.
$56.5M
58/100
5th
Logo for Arrive Health
Arrive Health
2013, Denver (United States), Series B
Provider of information services to patients
$62.5M
57/100
6th
Logo for Basys.ai
Basys.ai
2022, Cambridge (United States), Seed
Provider of SaaS-based platform for clinical decision-making for doctors at hospitals
$2.4M
56/100
7th
Logo for Silna Health
Silna Health
2023, New York City (United States), Series A
Provider of healthcare company specializing in automating benefits and prior authorization processes for providers
$27M
53/100
8th
Logo for Forus
Forus
2023, New York City (United States), Series C
Developer of software automating prescription prior authorization and medication access
$310M
50/100
9th
Logo for Rhyme
Rhyme
2014, New Albany (United States), Series C
Developer of automated software for processing medical prior authorization requests
$57M
44/100
10th
Logo for Glidian
Glidian
2016, Palo Alto (United States), Acquired
Streamlining prior authorizations for healthcare providers through technology and expert support
-
42/100
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Rhyme's Investments and acquisitions

Rhyme has made no investments or acquisitions yet.

Reports related to Rhyme

Here is the latest report on Rhyme's sector:

News related to Rhyme

•
•
Partnership Links Prior Authorization VendorsHealthcare Innovation•Jan 06, 2022•Availity, Rhyme
•
PriorAuthNow raised $5.4M in VC by building what customers wantThe Business Journals•Aug 31, 2017•Rhyme
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