Company Overview
Snapshot
Founded in November 2011 by Amit May-Dan and Greg Hobbs, MilagroAI operates with 51–200 employees. The company has raised $10.43M across 8 funding rounds from 6 investors. In January 2024, MilagroAI secured convertible debt funding, with Dreamit Ventures participating as a lead investor.
Business overview
MilagroAI specializes in automating medical coding processes, leveraging cutting-edge technology to address challenges such as down-coding, denials, and the shortage of medical coders. The company's core product, Milagro, utilizes artificial intelligence, deep learning, and natural language processing to enhance accuracy and meet increasing coding demands. MilagroAI primarily serves healthcare providers and hospitals within the Health Tech & Life Sciences sector, operating in the Digital Healthcare and Medical Decision Support categories.
Log in to access full profile ›Company Intelligence Q&A
- What is MilagroAI's primary focus?
- MilagroAI focuses on automating medical coding processes to eliminate challenges like downcoding, denials, and the growing shortage of medical coders, enabling organizations to maintain high accuracy while meeting coding demands.
- When was MilagroAI founded and by whom?
- MilagroAI was founded in November 2011 by Amit May-Dan and Greg Hobbs.
- Which investors participated in MilagroAI's January 2024 funding round?
- In January 2024, MilagroAI secured convertible debt funding, with Dreamit Ventures participating as a lead investor.
- What type of technology does MilagroAI utilize?
- MilagroAI leverages artificial intelligence, deep learning, and natural language processing to power its autonomous medical coding solutions.
- What was a notable funding event for MilagroAI in 2022?
- In May 2022, MilagroAI received seed funding, with Crescendo Venture Partners leading the round and Dreamit Ventures also participating.