PayTech Anomaly nets $17m across seed and Series A rounds

Precision payments platform Anomaly has netted $17m in seed and Series A funding as it looks to bolster its market footprint.

The Series A raise was led by RRE Ventures and also saw participation from Madrona Venture Group, Redesign Health and Declaration Partners. As a part of the investment, RRE Venture’s Jason Black will join Anomaly’s board of directors.

Established in 2020, New York-based Anomaly is a precision payments platform that uses AI and novel data sources to streamline healthcare billing and improve payment accuracy – an issue that currently costs the US healthcare system over $300bn a year.

The company claims it reduces friction between payers and providers by ensuring the payment process is accurate, streamlined and trusted.

According to Anomaly, it intends to use its newly raised capital to invest further into its product development, grow its team and expand its market presence.

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