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.
- Website
- getrhyme.com
- 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
Investors
Ranked
9th among 115 active competitors
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 |
View details of Rhyme's funding rounds and investors
Rhyme's founders and board of directors
Founder? Claim ProfileHere are the details of Rhyme's key team members:
- Amol Arora: Co-Founder of Rhyme. Contact Info: 1 email address
- Joe Anstine: Co Founder & CEO of Rhyme.
View details of Rhyme's Founder profiles and Board Members
Rhyme's employee count trend
Rhyme has 65 employees as of Sep 26. Here is Rhyme's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SamaCare 2010, San Francisco (United States), Series B | Provider of platform to manage prior authorisation solutions | $34.8M | 65/100 | |
2nd | Humata 2023, Winter Park (United States), Acquired | Platform offering prior authorization processes through AI and automation | $25M | 63/100 | |
3rd | Cohere Health 2019, Boston (United States), Series C | Provider of prior authorization solutions to improve patient care | $200M | 63/100 | |
4th | OncoHealth 2009, Atlanta (United States), Acquired | Online platform providing health solutions for providers and patients involved in cancer care. | $56.5M | 58/100 | |
5th | Arrive Health 2013, Denver (United States), Series B | Provider of information services to patients | $62.5M | 57/100 | |
6th | 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 | 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 | Forus 2023, New York City (United States), Series C | Developer of software automating prescription prior authorization and medication access | $310M | 50/100 | |
9th | Rhyme 2014, New Albany (United States), Series C | Developer of automated software for processing medical prior authorization requests | $57M | 44/100 | |
10th | Glidian 2016, Palo Alto (United States), Acquired | Streamlining prior authorizations for healthcare providers through technology and expert support | - | 42/100 |
Looking for more details on Rhyme's competitors? Click here to see the top ones
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
•
Cohere Health, Medical Mutual, and Rhyme Partner on Utilization Management TransformationInsuranceNewsNet•Jun 04, 2024•Cohere Health, Medical Mutual of Ohio, Rhyme
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Rhyme Announces Partnership with Ohio Hospital Association to Ease the Prior Authorization Burden
PR Newswire•Aug 06, 2022•Rhyme
•
VC-backed Columbus startup's rebrand reflects broader vision to fix healthcare
The Business Journals•May 04, 2022•Rhyme
•
PriorAuthNow collects $25mVCJ•Feb 15, 2022•Panoramic Ventures, Rhyme, Insight Partners, Health2047 and 1 other
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PriorAuthNow Closes $10.5 Million Series A Funding Led by BIP CapitalBusiness Wire•May 15, 2018•BIP Capital, Detroit Venture Partners, Rhyme, NCT Ventures and 1 other
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PriorAuthNow raised $5.4M in VC by building what customers wantThe Business Journals•Aug 31, 2017•Rhyme
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