How Much Did Nym Health Raise?
Funding & Key Investors

Nym Health has secured significant enterprise-level funding, with its total capital raised standing at $94.5M. The company recently announced a major strategic investment of $47M, underscoring its pivotal role in transforming clinical language into actionable healthcare information. This latest financing round is expected to accelerate Nym Health's mission to eliminate inefficiencies that contribute billions to the cost of care.

What is Nym Health?

Nym Health
SoftwareHealthcare SoftwareBusiness Services

Nym Health is a leader in the healthcare technology sector, specializing in the accurate decoding of clinical charts. By leveraging cutting-edge technology, clinical expertise, and a deep understanding of medical language, Nym Health addresses the inefficiencies and costs associated with manual chart review. Their platform aims to provide efficient, explainable, and compliant solutions for healthcare providers, thereby improving operational workflows and patient care outcomes.

How much funding has Nym Health raised?

Nym Health has raised a total of $94.5M across 4 funding rounds:

2019

Angel/Seed

$6M

2020

Series A

$16.5M

2021

Unspecified

$25M

2024

Private Equity

$47M

Angel/Seed (2019): $6M with participation from Bessemer Venture Partners

Series A (2020): $16.5M led by GV, Dynamic Loop Capital, Flatiron Health, Tiger Global, Nat Turner, Bessemer Venture Partners, Zach Weinberg, and Lightspeed

Unspecified (2021): $25M supported by Addition

Private Equity (2024): $47M featuring Dynamic Loop Capital, Addition, Samsung NEXT, and PSG

Key Investors in Nym Health

Dynamic Loop Capital

Dynamic Loop Capital is an early-stage venture capital firm focused on disruptive technology, including health and fintech, aiming to solve impactful problems and promote social good.

Addition

Addition is a venture capital firm based in New York, investing in early and growth-stage technology companies with a focus on supporting visionary founders.

Samsung NEXT

Samsung NEXT provides software and services to complement Samsung's hardware, combining product development, investment, and partnerships.

What's next for Nym Health?

The substantial enterprise-level backing and recent strategic investment signal a strong growth phase for Nym Health. This capital infusion is likely to fuel further technological development, expansion into new markets, and strategic partnerships. The company's focus on addressing critical inefficiencies in healthcare administration positions it for significant impact and continued scaling within the health tech industry. Future developments may include enhanced AI capabilities for predictive analytics and broader integration across healthcare systems.

See full Nym Health company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Engineering SoftwareSoftwareAerospace & DefenseBusiness ServicesManufacturingResearch & Development
Database & File Management SoftwareSoftware
Mobile App DevelopmentSoftware
SoftwareSupply Chain Management (SCM) SoftwareFinancial Software

Frequently Asked Questions Regarding Nym Health Financial Insights

What are the most recent funding rounds that Nym Health has completed, and what were the funding rounds?
Nym Health has recently completed 3 funding rounds: Private Equity on Oct 1, 2024, Unspecified on Jul 27, 2021, Series A on Oct 12, 2020.
What is the total amount of funding Nym Health has raised to date?
Nym Health has raised a total of $94.5M in funding to date.
How many funding rounds has Nym Health completed?
Nym Health has completed 3 funding rounds.
How much funding did Nym Health raise in its most recent funding round?
Nym Health raised $47M in its most recent funding round.
Who are the lead investors in Nym Health's latest funding round?
The lead investor in Nym Health's latest funding round was Dynamic Loop Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Nym Health's history?
The largest funding round in Nym Health's history was $47M.
See more information about Nym Health