Total raised
$10.4M
Last: Convertible Debt 2024-01
Stage
Seed
Founded
2017
Headcount
77
HQ
Ra'anana
Sector
Health Tech & Life Sciences
About
Milagro is leading the change in automating medical coding processes. Its cutting-edge technology eliminates the challenges associated with down coding, denials and the growing shortage of medical coders. By leveraging the power of technology, Milagro enables organizations to meet increasing coding demands while maintaining high levels of accuracy
Funding history · 5 rounds · $10.4M total
2024-01
Convertible Debt
$110K
2022-05
Seed
$5.0M
2020-12
Convertible Debt
$450K
2016-01
Seed
$850K
2015-01
Pre-Seed
$2.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is MilagroAI's primary focus?
- MilagroAI specializes in autonomous medical coding, aiming to automate medical coding processes and address challenges like down coding, denials, and the shortage of medical coders.
- When was MilagroAI founded?
- MilagroAI was founded in December 2017.
- What was MilagroAI's former name?
- MilagroAI was formerly known as OpisoftCare.
- Where is MilagroAI's headquarters located?
- MilagroAI's headquarters is in Ra'anana, Israel, with an additional office in Georgetown, Texas, USA.
- How much total funding has MilagroAI raised?
- MilagroAI has raised a total of $10,425,000 across multiple funding rounds. For a full financing history, refer to startupim.
- When did MilagroAI receive its most recent funding?
- MilagroAI received its most recent funding in January 2024, a Convertible Debt round of $110,000, with Dreamit Ventures as a lead investor.
- Which investors participated in MilagroAI's Seed round in May 2022?
- In May 2022, MilagroAI closed a Seed round of $5,000,000, with Crescendo Venture Partners as the lead investor, and Dreamit Ventures also participating.
- How many employees does MilagroAI currently have?
- MilagroAI currently has 77 employees.
- Has MilagroAI received any grants?
- Yes, MilagroAI has received grants from the IIA, including $815,000 in May 2015, $350,000 in October 2018, and $850,000 in December 2019.
- Who are the founders of MilagroAI?
- The founders of MilagroAI include Amit May-Dan and Gregory Hobbs.
Sectors & technology
Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesDigital HealthcareMedical Decision Support
Technologies
Artificial IntelligenceMachine LearningNatural Language Processing
Target customers
Healthcare & Life SciencesHealthcareProviders
Business model
B2B
Highlights
1 PatentsVerified
Tags
digital-healthcarehealthcare-providershospitalsautomationmedical-databig-datadeep-learningartificial-intelligencedecision-supportsurveillancenatural-language-processing