Last updated 2026-07-26
- Raised $5M Series A led by Crescendo Venture Partners, Apr 2022
- Raised $850k grant, Nov 2019
- Raised $350k grant, Sep 2018
Total raised
$9.9M
Last: Undisclosed Round 2024-01
Stage
Seed
Founded
2011
Headcount
80
HQ
Ra'anana, Israel
Sector
Health Tech & Life Sciences
About
MilagroAI is an Israeli startup that offers a fully autonomous, AI-driven coding solution for healthcare organizations. The company's platform combines AI-powered automation with human-like logic to prevent surgical coding denials and address the shortage of skilled coders. MilagroAI aims to empower healthcare organizations by delivering unparalleled coding accuracy, streamlining workflows, and ensuring compliance, ultimately helping hospitals capture millions in revenue that would otherwise be lost. Their technology continually analyzes relevant data from electronic medical records and other sources, utilizing contextual clinical text analytics to interpret clinical context and translate it into actionable information. MilagroAI's platform has demonstrated 96.5% accuracy and a significant reduction in denials.
Funding history · 8 rounds · $9.9M total
2023-12
Convertible Debt
Undisclosed
★ Dreamit Ventures
2022-04
A Round
$5.0M
★ Crescendo Venture PartnersDreamit Ventures
2020-11
Convertible Debt
Undisclosed
2019-11
Grant
$850K
2018-09
Grant
$350K
2015-12
Seed
$850K
★ Gregory Hobbs
2015-04
Grant
$815K
2014-12
Pre-Seed
$2.0M
★ RIVOLET★ El - Sar
Headcount over time
From 13 (2018-10) to 84 (2026-03) · +71 (+546%) · 36 points · source: Finder history + radar grounding
Q&A
- What is MilagroAI's primary offering?
- MilagroAI provides an autonomous AI-driven coding solution for healthcare organizations to improve coding accuracy, streamline workflows, and address staffing shortages.
- Where is MilagroAI headquartered?
- MilagroAI is headquartered in Ra'anana, Israel.
- When was MilagroAI founded?
- MilagroAI was founded in November 2011.
- How many employees does MilagroAI currently have?
- MilagroAI has 51-200 employees.
- What is the total amount of funding MilagroAI has raised to date?
- MilagroAI has raised a total of $10,430,000 USD.
- When was MilagroAI's most recent funding round and who were the lead investors?
- MilagroAI's most recent funding round was a Convertible Debt round in January 2024, with Dreamit Ventures as a lead investor.
- Which investors participated in MilagroAI's Seed round in May 2022?
- Crescendo Venture Partners was a lead investor in MilagroAI's Seed round in May 2022.
- What is MilagroAI's primary sector?
- MilagroAI's primary sector is Health Tech & Life Sciences.
Team · 3
Amit May-Dan
Founder · Co-Founder and CEO
Greg Hobbs
Founder · Co-Founder & Chief Medical Officer
Ofer Derech
Founder · Co-Founder and CTO
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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | milagroai.com |
|---|---|
| linkedin.com/company/5373074 | |
| YouTube | youtube.com/channel/UCENyV3TeKDTvwGUhjnVI1Wg |
Identifiers & details
| Legal name | MILAGRO-AI CARA LTD |
|---|---|
| Former names | OpisoftCare |
| Founded | 2011-11 |
| Employees (exact) | 80 |
| Offices | Georgetown |
Radar intelligence
Web history (Wayback)
| Domain | milagroai.com |
|---|
Certificate / subdomain footprint
| Subdomains | 3 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514690254 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2011-11-17 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 3 — annual_report (2), violation (1) |
| Registered address | התעשיה 21 רעננה |
Recent registry events
| Date | Event |
|---|---|
| 2026-05-07 | דו~ח שנתי-הוספת בעל תפקיד |
| 2026-05-07 | דו~ח שנתי-הסרת בעל תפקיד |
| 2026-05-07 | עדכון הפרה |