Stedi, Inc.

Stedi, Inc. is a healthcare technology company that specializes in providing an API-first clearinghouse platform to streamline healthcare transactions, enhancing operational efficiency for health tech companies. Founded in 2016 and headquartered in Boulder, US, Stedi, Inc. operates a healthcare clearinghouse platform designed to optimize transaction processes.

The CEO of Stedi is Zack Kanter, who, alongside co-founder Sandra Yilmaz, has played a pivotal role in the company's direction and growth. Stedi provides an API-first healthcare clearinghouse platform designed to streamline healthcare transactions, including real-time eligibility checks and claims processing. Their core offerings include APIs that facilitate eligibility checks, allowing users to submit up to 1,000 requests simultaneously through asynchronous batch processing, as well as automated claims submissions to over 2,700 payers utilizing industry-standard formats like 837P, 837I, and 837D. The platform supports various functionalities such as MBI lookups, CMS checks, and claim status tracking through webhooks.

Stedi's customer base comprises fast-growing health tech companies that seek to enhance their operational efficiency and reduce manual processes in healthcare transactions. The company’s products are utilized across diverse geographical markets in North America, including the United States, where they cater to a wide range of healthcare providers and payers. Stedi's revenue model is primarily centered around subscriptions and partnerships with healthcare organizations that utilize their API solutions for transaction processing. The company generates revenue by charging clients for access to its suite of APIs, with various pricing plans that accommodate different user needs and transactional volumes.

Clients may pay for individual services, such as eligibility checks or claims submissions, based on their operational requirements. The revenue structure involves ongoing transactions where healthcare providers and payers engage with Stedi’s platform to automate critical processes, thereby enhancing efficiency and accuracy in their operations. These structured transactions underscore the value that Stedi delivers in the healthcare technology ecosystem, as companies leverage their solutions to streamline workflows and improve service delivery. Stedi, Inc.

is actively working on launching new products designed to further enhance their API offerings, although specific release dates are not provided. In March 2026, Stedi raised USD 50 million in series C funding led by Addition, with participation from Ribbit Capital, Stripes, Union Square Ventures, BoxGroup, Bloomberg Beta, and First Round Capital. The company plans to use the March 2026 funding to accelerate development across its healthcare transactions platform, expand its engineering and product teams, and scale customer support as transaction volumes grow.