Arintra, a leading GenAI-native autonomous medical coding platform for healthcare providers, has secured $21 million in Series A funding led by Peak XV Partners, with participation from Endeavor Health Ventures, Y Combinator, Counterpart Ventures, Spider Capital, Ten13, and other strategics.
Healthcare organizations are under financial strain due to shrinking margins, a shortage of coders, and complex payer requirements. While traditional coding solutions focus on accurate reimbursement, Arintra takes a broader approach called Revenue Assurance, which ensures efficient reimbursement and streamlined revenue cycles.
Notably, Arintra achieved a 5.1% revenue increase and a 43% reduction in claims denials at Mercyhealth, as well as improved coding accuracy at Reid Health. The company was inspired by co-founder Preeti Bhargava’s experience with a costly coding error, prompting her and co-founder Nitesh Shroff to reimagine medical coding as a strategic solution for healthcare financing.
Arintra’s platform combines large language models with clinical knowledge graphs to accurately interpret patient charts. Each code is explainable and auditable, and the platform integrates smoothly with leading EHR systems, such as Epic and Athena.
With its extensive experience, having processed over a billion dollars in healthcare charges, Arintra is positioned as a trusted partner in revenue assurance, helping healthcare organizations recover missed revenue, reduce manual work, and accelerate cash flow.
How the funding will be used: This investment will enable Arintra to expand its adoption across health systems and physician groups nationwide, accelerate product development, and establish a new headquarters in the Bay Area.
KEY QUOTES:
“At Arintra, we bring together autonomous medical coding, clinical documentation improvement, and denial prevention in a single platform. By helping providers document what was done, code what was documented, and properly support what was charged, we enable them to secure full, compliant reimbursement at a lower cost, with fewer delays and significantly less manual effort.”
Preeti Bhargava, Co-founder and CTO of Arintra
“We chose Arintra because it integrates deeply with Epic and changed how we code without disrupting our workflows. We went from billing delays and high denials to faster A/R and fully automated charge capture. It is one of the few AI tools that delivers hard ROI, fast.”
Muhammad Siddiqui, Chief Information Officer at Reid Health
“Reimbursement in healthcare is fundamentally broken. Payers are moving fast, using policy and technology to shift more burden onto providers, but autonomous coding hasn’t kept up. We built Arintra to help healthcare providers secure compliant revenue at scale while easing the burden on frontline teams.”
Nitesh Shroff, Co-founder and CEO of Arintra
“The disruption of the $150 billion healthcare reimbursements industry will be one of AI’s defining impacts. Arintra’s autonomous system tackles one of the hardest challenges for providers; translating clinical documentation into accurate insurance codes so they get paid fairly and fast. The results speak for themselves; providers are recovering millions in lost revenue by partnering with Arintra. It is a great example of vertical AI done right – real enterprise adoption, clear ROI, and an ambitious roadmap as models continue to improve. After backing Nitesh and Preeti at seed through our Surge Program, Peak XV Partners is excited to double down and lead Arintra’s Series A round.”
Mohit Bhatnagar, MD, Peak XV
