- Founded
- 2021
- Headquarters
- New York, NY
- Latest Round
- Series B
- Est. Valuation
- ~$200M
Investment Thesis
Camber builds AI that automates healthcare insurance reimbursement, reducing administrative burden on clinics and helping families navigate claims. Manages $2 billion in claims volume across 90,000 patients in 40 states.
Raised $50M total, backed by a16z, Y Combinator, and ACME Capital.
Healthcare providers lose roughly 30% of revenue because getting insurance companies to pay is slow, error-prone, and buries clinics in paperwork that delays care and crushes margins.
AI that automates the entire medical billing and claims workflow end-to-end, pushing first-try collection rates from the industry average of 60–80% up to 93% with faster turnaround.
Even small accuracy improvements in billing translate to millions in recovered revenue, and AI can finally parse the complex interplay of CPT codes, insurance rules, and prior authorizations.
$2 billion in claims managed across 90,000 patients in 40 states, with AI delivering faster payments plus strategic insights like optimal locations for new clinics.
Founded by healthcare and engineering leaders who saw firsthand how broken insurance reimbursement was for families navigating the system, backed by a16z, Y Combinator, and ACME Capital.