Athelas
Athelas (now Commure/Athelas following October 2023 merger) is an AI-powered healthcare infrastructure company providing revenue cycle management (RCM), electronic health records (EHR), ambient AI clinical workflows, and health diagnostics solutions. The platform integrates billing, charting, clinical documentation, and financial management for healthcare providers.
Acquired
Athelas has been acquired
This company is no longer available on our private secondary market.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
450–500
Total Funding
$487.7M
6 rounds
Latest Valuation
$7B
May 19, 2026
Secondary Signals (Note: SetterVC does not verify the accuracy of these)
1 signalRaised $70M at $7B post-money valuation, led by General Catalyst
New primary mark roughly $1B above the prior $6B valuation
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $487.7M across 6 rounds
Last updated 09-16-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 19, 2026 | Growth Press release | $70M | $7B | General Catalyst |
| Jun 19, 2025 | Growth Financing — General Catalyst Customer Value Fund Press release | $200M | — | General Catalyst |
| Oct 4, 2023 | Merger / Strategic | $70M | $6B | General Catalyst |
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Seed
$1.6B
Aug 2017
Athelas today
$7B
May 2026 · latest mark
Athelas multiple
4.4x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Prominent Investors
Leadership
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Olive
AI-powered healthcare automation platform for health systems
Nuance Communications
Clinical and administrative workflow solutions for healthcare
Optum
Healthcare services and technology company
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