Tennr is a New York City-based health tech company founded in 2021 that built an AI orchestration platform specifically for referral-based healthcare. Its core purpose is to eliminate the manual, fax-heavy administrative burden that causes patients to get lost between referring and receiving providers. The platform ingests referrals from faxes, emails, and portals, then automatically parses documents, checks insurance eligibility, handles prior authorizations, and routes cases appropriately. At the center of Tennr's technology stack is RaeLM, a proprietary vision-language model trained on over 100 million anonymized healthcare documents, 2.3 billion data fields, and 8,000+ sets of payer criteria. Unlike general-purpose LLMs, RaeLM is purpose-built to understand clinical notes, scanned forms, and checkboxes, and can evaluate submissions against complex payer rules to flag potential denials before they happen. Tennr's primary customers are specialty and referral-based providers, with a strong presence in durable medical equipment (DME) and home medical equipment (HME) companies. Case studies show measurable outcomes: Home Medix processes referrals 75% faster at 4x the volume, and NEB Medical eliminated a 3-week backlog to achieve same-day patient intake. The company reported processing 10 million documents per month as of mid-2025. In June 2025, Tennr raised a $101 million Series C at a $605 million valuation, led by IVP with participation from Andreessen Horowitz, Lightspeed, GV, ICONIQ, and Foundation Capital. Total funding stands at approximately $162 million across four rounds. The company more than tripled revenue between its Series B (October 2024) and Series C (June 2025). Tennr also launched Tennr Network, a coordination layer giving referring providers, receiving providers, and patients real-time visibility into referral status. Key features: - RaeLM proprietary vision-language model trained on 100M+ anonymized healthcare documents and 8,000+ payer criteria sets - Automated referral ingestion from fax, email, and portal sources with document parsing and data extraction - Insurance eligibility verification and re-verification before care is scheduled - Prior authorization handling with payer policy evaluation to flag potential denials upfront - Automated outreach for missing information via fax or automated phone calls - Tennr Network: real-time referral status visibility for referring providers, receiving providers, and patients - Proactive patient communication via text and email about next care steps - Specialty-specific workflows with strong focus on DME/HME providers
Not public; custom enterprise pricing based on provider scale and needs