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Tennr

AI that reads referrals, faxes, and documents to automate healthcare front-office work.
HealthTech 📍 New York, USA Founded 2021
Current Valuation
$605M
as of 2025-Q3
PRIVATE
Tennr builds AI (its 'RaeLLM') that reads and parses inbound referrals, faxes, and documents to automate front-office healthcare workflows, processing roughly 10M documents per month. Founded in 2021 by Trey Holterman, Diego Baugh, and Tyler Johnson, it raised a $101M Series C in 2025 led by IVP at a $605M valuation, for about $159M total.

Company Profile

CEO
Trey Holterman
Founded
2021
HQ
New York, USA
Total Raised
$159M
Last Round
Series C — $101M (Jul 2025) · Lead: IVP
IPO Status
private

Fundraising Status

Series C · $101M · 11 mo ago
privateTotal raised $159M1 disclosed rounds

Funding History

RoundAmountDateLead InvestorPost-Money
Series C$101MJul 2025IVP$605M

Founders & Key People

Trey HoltermanDiego BaughTyler Johnson

Investors

IVP · Andreessen Horowitz · Lightspeed Venture Partners · GV · ICONIQ · Foundation Capital

Products

  • RaeLLM document automation for healthcare

Competitors

Notable Health · Infinitus · Adonis
healthtechaiworkflow automationhealthcaredocument processing
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.