The problem
Providers lose revenue to denied claims and slow, manual billing
What they do
Automates medical billing and insurance claims for healthcare providers
Traction ARR +190% YoY; ~$7B claims/yr for 200+ healthcare orgs
Hiring trend
- Open roles
- 35
- Ops roles
- 4
- Headcount
- ~226
~226 staff (Tracxn); open roles 36
Hiring in
- San Francisco
- New York
- Denver
- Remote (US)
Funding
- Last round
- $120M
- Stage
- Series D
- Date
- Jul 2026
Led by Sixth Street Growth
- Hiring+235 open roles on the live job board (30+ roles = +2)
- Funding recency+2Series D · $120M, Jul 2026 (3 months ago): 6 months or less = +1.5, $100M+ round +0.5
- Traction+1.5Strong growth: ARR +190% YoY; ~$7B claims/yr for 200+ healthcare orgs
- Red flags0None found in the last 24 months
- Total5.52 + 2 + 1.5 − 0 = 5.5 → Sprint (4.75 or more)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: hard to leave
Becomes customers' billing system of record, but Waystar is far bigger: $1.1B revenue, ~30,000 clients.
Sources: Sixth Street: Candid Health Series D ↗ · Waystar: Q4 and FY2025 results (Feb 2026) ↗
Last checked Oct 25, 2026