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Athelas

Mountain View, CA Healthcare Technology Acquired

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

$410M

4 rounds

Latest Valuation

$6B

October 4, 2023

Funding

Total raised $410M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Merger / Strategic

Date

October 4, 2023

Amount

$70M

Valuation

$6B

Lead Investors

General Catalyst
DateRoundAmount RaisedValuationLead Investors
October 4, 2023 Merger / Strategic $70M $6B General Catalyst
January 15, 2022 Series B $132M $1.5B Tribe Capital
August 10, 2021 Series A $12M General Catalyst

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x 2018 2020 2022 Athelas

Entry · Seed

$1.6B

Aug 2017

Athelas today

$6B

Oct 2023 · latest mark

Athelas multiple

3.8x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Prominent Investors

General Catalyst Tribe Capital Sequoia Capital YCombinator Greenoaks human capital ventures Initialized Capital

Leadership

  • Tanay Tandon

    Co-Founder & CEO

    LinkedIn
  • Deepika Bodapati

    Co-Founder & COO

    LinkedIn
  • Dhruv Parthasarathy

    CTO

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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Data collected with AI, which can make mistakes. Please double-check this information.