Mar 26, 2024 - Business

Andreessen backs startup to fix faxes in health care

Illustration of a fax machine with paper shaped like "01."

Illustration: Annelise Capossela/Axios

Tennr, a provider of document automation software for health care practices that still rely on faxes, raised $18 million in Series A funding led by Andreessen Horowitz.

Why it matters The antiquated communications tool remains pervasive in U.S. health care, despite policies aimed at phasing it out.

  • Tennr's solution sits on top of existing EHR software, first reading and analyzing the incoming e-fax, and then entering the follow-up work (appointment scheduling, requesting missing info, etc.).

What they're saying: "Faxes remained popular in health care because they were HIPAA compliant, but the more human explanation is that sending a fax is very easy," explains Tennr co-founder and CEO Trey Holterman. "Just click on a button and it's done. But it's still really hard to read them, which is a reason why so many people get specialist referrals that never get properly processed."

Other investors in the round included Foundation Capital, The New Normal Fund, Y Combinator, and former NBA player Zaza Pachulia .

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