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- Infinitus Systems
Infinitus Systems Valuation, Funding & Investors
Infinitus Systems is valued at $600M as of October 2024.
Last Infinitus Systems valuation
$600M
Series C · Oct 2024
Last Infinitus Systems funding round
$52M
Series C · Oct 2024
Cumulative funding Infinitus Systems raised
$103M
across 3 funding rounds
Key investors in Infinitus Systems
Kleiner Perkins
Coatue
GV
Andreessen Horowitz
Gradient
Quiet Capital
About Infinitus Systems
Infinitus Systems is an AI healthcare company automating phone-based tasks to boost therapy access, adherence, and affordability. Backed by Kleiner Perkins, Coatue, and Google Ventures with $51.4 million raised, the platform streamlines back-office processes across US healthcare providers.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$600M (Oct 2024)
Infinitus Systems Valuation
Infinitus Systems is currently valued at $600M, based on its Series C in October 2024.
The $52M round was led by Andreessen Horowitz, with participation from Kleiner Perkins, GV, Coatue and Memorial Hermann Health System.
Infinitus Systems' valuation has grown 2.2x from $275M at its Series B in November 2021 to $600M in October 2024, across 2 priced rounds.
Infinitus Systems valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2024 | Series C | $600M |
| Nov 2021 | Series B | $275M |
Infinitus Systems Funding History
Infinitus Systems has raised a total of $103M across 3 funding rounds.
Infinitus Systems' first fundraising round was a $21M Series A in February 2021. The most recent completed round was a $52M Series C in October 2024.
Infinitus Systems funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2024 | Series C | Andreessen Horowitz (lead); Kleiner Perkins; GV; Coatue; Memorial Hermann Health System | $52M | $600M | Infinitus Systems, a San Francisco-based AI healthcare company founded in 2019, develops solutions to automate manual phone calls in healthcare operations. Its flagship product, FastTrack, is an AI copilot that enables call center staff to bypass IVR systems, navigate hold times, and handle tasks like prior authorizations, claims processing, benefit verifications, and prescription follow-ups using a multimodal AI system, human-in-the-loop guardrails, and a knowledge graph built from over four million calls. The platform supports 44% of Fortune 50 and 27% of Fortune 100 healthcare companies, delivering 10% higher data accuracy and 50% ROI compared to manual methods, while being HIPAA-, SOC 2 Type 2-, and HITRUST-compliant. On October 23, 2024, Infinitus raised $51.5 million in Series C funding led by Andreessen Horowitz, with participation from Memorial Hermann Health System and existing investors Kleiner Perkins, Coatue, and GV (Google Ventures), bringing total funding to $102.9 million. Andreessen Horowitz managing partner Scott Kupor joined the board. The funding will accelerate growth, enhance AI capabilities, and expand into new healthcare operations areas to address inefficiencies like staff burnout and delays in patient care. FastTrack launched to general availability alongside the announcement, aiming to transform administrative data exchange in healthcare. The company positions itself to capitalize on AI's potential amid regulatory focus on prior authorizations and payer interactions. |
| Nov 2021 | Series B | GV (lead); Kleiner Perkins; Coatue; Aashima Gupta; Operator Partners | $30M | $275M | Infinitus Systems is a VoiceRPA company specializing in automating phone calls in healthcare, with products like DynamoBV that combine natural language processing and expert processes for tasks such as benefit verification. The Series B round of $30M was announced on November 10, 2021, led by GV (formerly Google Ventures), with participation from Kleiner Perkins, Coatue Management, and healthcare executives; GV's Dr. Krishna Yeshwant and Coatue's Aaron Weiner joined the board. Funds were allocated to hiring talent, scaling operations for growing demand, product delivery, and sales/marketing expansion. Ahead of the announcement, Infinitus reported over 300% growth in enterprise revenue in the past twelve months, working with major customers including three of the four Fortune 10 healthcare companies, achieving rapid adoption and operational improvements. The company positioned itself to combine traditional RPA with VoiceRPA for end-to-end automation, aiming to replace phone calls with API calls to enhance efficiency, reduce time to therapy, and lower healthcare costs. Post-Series B, Infinitus continued funding, raising a Series C of $51.5M in October 2024 from Andreessen Horowitz, Coatue, Google Ventures, Kleiner Perkins, and Memorial Hermann, bringing total funding to approximately $102.5M-$102.9M. Recent valuations from secondary sources estimate $551.5M as of October 2024 or $600M in October 2024, with capital efficiency of 5.38x total funding, but no details for the 2021 round. |
| Feb 2021 | Series A | Coatue (lead); Kleiner Perkins (lead); Firebolt Ventures; Gokul Rajaram; Qasar Younis; Aparna Chennapragada; Ian Goodfellow; Gradient; Quiet Capital; Tau Ventures | $21M | - | Infinitus Systems is a healthcare automation company specializing in VoiceRPA, a technology that automates phone calls, particularly for tasks like benefits verification in healthcare. The company emerged from stealth in February 2021 with a $21.4 million Series A round co-led by Coatue and Kleiner Perkins, with participation from Gradient Ventures, Quiet Capital, Firebolt Ventures, Tau Ventures, and individuals including Aparna Chennapragada, Gokul Rajaram, Ian Goodfellow, and Qasar Younis. At launch, Infinitus had made 75,000 calls on behalf of 12,000 providers in January 2021 alone, demonstrating early traction in automating manual healthcare communications. Nine months later, on November 10, 2021, Infinitus announced a $30 million Series B round led by GV (Google Ventures), with participation from Coatue, Kleiner Perkins, and healthcare executives, bringing total funding to $51.4 million. The Series B funded talent acquisition, operations scaling, product delivery, and market expansion to meet growing demand. By late 2021, over 35,000 providers used the platform, and the company reported over 300% enterprise revenue growth in the prior twelve months while partnering with three of the four Fortune 10 healthcare companies. Infinitus positions its HIPAA-compliant VoiceRPA as transformative for healthcare by replacing phone calls and faxes with API-driven automation, enabling better patient focus. The company's models are trained on tens of millions of utterances. Later developments include a Series C in October 2024 raising $51.5 million from Andreessen Horowitz, Coatue, Google Ventures, Kleiner Perkins, and Memorial Hermann, with total funding reaching $102.5-$103 million. Secondary market valuations reached $551.5 million as of October 2024. |
Who has invested in Infinitus Systems?
15 investors have backed Infinitus Systems across its funding rounds, including Kleiner Perkins, Coatue, GV, Andreessen Horowitz, Gradient and Quiet Capital.
Lead investors include Andreessen Horowitz, GV, Coatue and Kleiner Perkins.
Infinitus Systems Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Feb 2021 | ||
| 3 | Lead | Feb 2021 | ||
| 2 | Lead | Nov 2021 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Lead | Oct 2024 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | Nov 2021 | ||
| 1 | Participant | Feb 2021 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInfinitus Systems Competitors
Infinitus Systems competitors include listed companies like Yidu Tech and Craneware, and private ones like Arbiter, Latent, Tennr and Rad AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $400M | - | ||
| Publicly listed | $122M | ($4M) | $449M | 1.2x | ||
| Private | - | - | $600M | - | ||
| Private | - | - | $605M | - | ||
| Private | - | - | $525M | - | ||
| Publicly listed | $206M | $59M | $589M | 2.7x |
Infinitus Systems Public Comps
Infinitus Systems is still privately-owned, but its public comps include Craneware, Unisound Ai Technology, Weave Communications, RaySearch Labs, Phreesia, Shang Gong Group, Heren Health, Equasens, Claritev and Veradigm.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $206M | $59M | 2.8x | 2.7x | 9.7x | 8.7x | |||
| $181M | ($22M) | 3.0x | 2.1x | (24.5x) | (36.1x) | |||
| $239M | ($13M) | 2.3x | 2.1x | (44.4x) | 35.9x | |||
| $137M | $59M | 4.4x | 4.2x | 10.1x | 9.3x | |||
| $481M | $27M | 1.3x | 1.3x | 23.2x | 5.3x | |||
| $649M | $27M | 1.0x | - | 23.7x | - | |||
| $65M | $11M | 7.4x | - | 42.4x | - | |||
| $272M | $75M | 1.9x | 1.8x | 7.0x | 6.7x | |||
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Common questions about Infinitus Systems
| When was Infinitus Systems founded? | Infinitus Systems was founded in 2019. |
| Where is Infinitus Systems headquartered? | Infinitus Systems is headquartered in San Francisco, CA, United States. |
| Is Infinitus Systems publicly listed? | No, Infinitus Systems is a private, VC-backed company. |
| What is Infinitus Systems' valuation? | Infinitus Systems was last valued at $600M in its Series C in October 2024. |
| How much funding has Infinitus Systems raised? | Infinitus Systems has raised $103M across 3 funding rounds. |
| What was Infinitus Systems' last funding round? | Infinitus Systems' last funding round was a $52M Series C in October 2024, led by Andreessen Horowitz. |
| Who are Infinitus Systems' investors? | Infinitus Systems' investors include Kleiner Perkins, Coatue, GV, Firebolt Ventures, Gokul Rajaram, Qasar Younis, Andreessen Horowitz, Aparna Chennapragada, Ian Goodfellow, Gradient and 5 others. |
| Which companies are comparable to Infinitus Systems? | Companies comparable to Infinitus Systems include Arbiter, Yidu Tech, Latent, Tennr, Rad AI and Craneware. |
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