Commure reaches a $7 billion valuation after closing a $70 million funding round led by General Catalyst with Sequoia and Morgan Stanley participating.
— Its AI platform serves over 500 healthcare organizations and automates most revenue cycle work.
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Many users are celebrating Commure's $70M funding at a $7B valuation because they see major potential in AI that streamlines hospital paperwork and reduces real-world healthcare costs and frustrations.