Procode AI
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Founders
About
Procode AI is a Los Angeles-based provider of AI-powered medical billing services for surgical specialties 12. The company’s platform automates surgical coding, and its research has been published in peer-reviewed venues demonstrating that its AI outperforms both human coders and general-purpose LLMs at surgical coding tasks 1. Procode is led by CEO Jeff Cripe and co-founded by Kameron Rezzadeh, MD, FACS 1. The company acquired The Auctus Group in 2026 13.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-07-28 | Series A | $10M | Health Velocity Capital | — 12 |
| 2026-03-02 | Seed | $4M | Story Ventures | Progression Fund 3 |
What Investors Say
No independently sourced investor quotes found at time of publication.
What Founders Say
No independently sourced founder quotes found for this round at time of publication.
Sources
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“Procode Raises $10M to Bring Its AI-powered Medical Billing Services to Every Surgical Specialty,” PR Newswire, July 28, 2026. Accessed August 3, 2026. http://www.prnewswire.com/news-releases/procode-raises-10m-to-bring-its-ai-powered-medical-billing-services-to-every-surgical-specialty-302836544.html↩↩↩↩↩
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“The Weekly Notable Startup Funding Report: 8/3/26,” AlleyWatch, August 3, 2026. Accessed August 3, 2026. https://www.alleywatch.com/2026/08/the-weekly-notable-startup-funding-report-8-3-26/↩↩
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“Procode AI Raises $4M in Funding; Acquires The Auctus Group,” FinSMEs, March 2026. Accessed August 3, 2026. https://www.finsmes.com/2026/03/procode-ai-raises-4m-in-funding-acquires-the-auctus-group.html↩↩