Commure, an AI platform targeting healthcare’s $1 trillion annual administrative burden, has raised $70 million at a $7 billion post-money valuation in a round led by General Catalyst, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis.
The company operates across more than 500 healthcare organisations and 3,000 care sites, with its AI agents completing over 85 percent of revenue cycle work without human intervention. Clients include HCA Healthcare and Tenet Healthcare. CEO Tanay Tandon said AI could now perform the calls, notes, codes, claims, and appeals that software had failed to automate for thirty years.
General Catalyst CEO Hemant Taneja described Commure as building a system of agents completing administrative and clinical work in fundamentally modern ways rather than acting as a co-pilot feature. The funding will scale the platform across specialty practices and hospitals, advance its agentic intelligence layer, and expand into international healthcare markets facing identical structural pressures of rising demand and workforce shortages.
