Tech Company Financing Transactions

Codoxo Funding Round

Codoxo, based in Atlanta, secured $20 million from QED Investors, Brewer Lane Ventures and GRA Venture Fund.

Transaction Overview

Company Name
Announced On
2/12/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors

QED Investors (Lead Investor) (Matthew Risley)

Brewer Lane Ventures

GRA Venture Fund (Michelle Jarrard)

Sands Capital Management (Michael Graninger)

Spider Capital (Michael Neril)

Proceeds Purpose
The latest investment is being used to meet rapidly growing demand for its technology, particularly among government agencies and healthcare payers along with expansion into the Pharmacy Benefit Managers (PBM) market.

Company Information

Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
3190 Northeast Expressway NE Suite 120
Atlanta, GA 30341
USA
Email Address
Overview
Codoxo (formerly FraudScope) brings novel machine learning solutions to the fight against healthcare fraud. Their vision is to deliver advanced fraud detection solutions to ensure that healthcare dollars go to real patient care. Previously known as FraudScope, the company rebranded to Codoxo in December 2020.
Profile
Codoxo LinkedIn Company Profile
Social Media
Codoxo Company Twitter Account
Company News
Codoxo News
Facebook
Codoxo on Facebook
YouTube
Codoxo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Musheer Ahmed
  Musheer Ahmed LinkedIn Profile  Musheer Ahmed Twitter Account  Musheer Ahmed News  Musheer Ahmed on Facebook
Chief Scientific Officer
Mustaque Ahamad
  Mustaque Ahamad LinkedIn Profile  Mustaque Ahamad Twitter Account  Mustaque Ahamad News  Mustaque Ahamad on Facebook
VP - General Counsel
Julie Spaeth
  Julie Spaeth LinkedIn Profile  Julie Spaeth Twitter Account  Julie Spaeth News  Julie Spaeth on Facebook
VP - Sales
David Grice
  David Grice LinkedIn Profile  David Grice Twitter Account  David Grice News  David Grice on Facebook


 

 

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Prev: 2/12/2022: Cynomi venture capital transaction
Next: 2/12/2022: Waldo venture capital transaction

 

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