Decoda Health

Decoda Health

AI-driven EMR for elective care clinics

Overview

Decoda Health offers an AI-native, all-in-one EMR and practice management platform for elective care clinics (like med spas and aesthetic practices). The system unifies scheduling, charting, billing, payments, inventory, and patient communication in a single interface, with AI workflows such as a 24/7 AI front desk, ambient scribe, and automated follow-ups. It differentiates itself by embedding AI into every workflow and focusing on elective care with a unified solution; it’s already live in 150+ clinics processing over $100 million annually. Its goal is to modernize clinic operations so providers can spend more time on patient care, delivering a SaaS solution for solo practitioners to multi-location franchises.

YC Company

About Decoda Health

Simplify's Rating
Why Decoda Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Healthcare

Company Size

11-50

Company Stage

Seed

Total Funding

$5.1M

Headquarters

San Francisco, California

Founded

2023

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Simplify's Take

What believers are saying

  • Decoda's August 2026 docs show rapid feature velocity across labs, billing, forms, and calling.
  • The company claims no export fees, easing migration fears and improving sales trust.
  • A June 2026 hiring post for content creator signals active go-to-market expansion.

What critics are saying

  • Zenoti's 2026 medspa push and Vagaro's September 2026 SOAP Notes compress Decoda's wedge.
  • Decoda's public traction still rests on $4.5M seed and vague 'hundreds of practices' claims.
  • If clinics standardize on Zenoti or Vagaro, Decoda becomes a replaceable point solution.

What makes Decoda Health unique

  • Decoda's 2026 product unifies scheduling, charting, payments, inventory, and telephony in one record.
  • Its AI agents read patient context from the system of record, not bolt-on integrations.
  • Toronto-founded by Daniyal Afzal, Kevin Cheng, and James Oswald, it targets medspas specifically.

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Funding

Total Funding

$5.1M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$4.5M
Decoda Health

Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

8%

1 year growth

0%

2 year growth

-7%
Newzchain
Aug 5th, 2026
Decoda Health raises $500K to build AI medical assistants for healthcare admin

Decoda Health, founded by Daniyal Afzal and Kevin Cheng in 2023, has raised $500,000 in pre-seed funding backed by Y Combinator. The startup develops AI-driven medical assistants to help healthcare providers manage administrative tasks including medical coding, billing, scheduling, and patient follow-ups. The founders bring backgrounds in fintech and radiology-tech machine learning. Personal experience motivated their venture: Afzal's father, a general surgeon, lost months of wages due to billing fraud and financial opacity in healthcare. Decoda Health's AI assistants automate routine administrative work, aiming to reduce documentation time and eliminate unnecessary visits. The company focuses on improving accuracy whilst reducing administrative burden, allowing healthcare providers to dedicate more time to patient care.

Decoda Health
Nov 11th, 2025
Decoda Health Raises $4.5M Seed Round

Decoda Health raised a $4.5M seed round led by Y Combinator to build the AI-native operating system for the next generation of clinical care.

PYMNTS
Mar 19th, 2024
Justpaid Adds Reporting Features To Smb Financial Management Platform

JustPaid has added several accounts receivable (AR) and accounts payable (AP) reporting features to its platform that helps small- to medium-sized businesses (SMBs) manage their finances. These new features join the company’s artificial intelligence (AI)-powered platform that helps businesses make, receive and track payments; understand their finances; and identify opportunities, JustPaid said in a Tuesday (March 19) press release. “With the new reporting features, financial controllers, credit managers, sales managers, auditors and so many others will be able to use these reports as a critical financial management tool with broad applications across various organizational roles,” Anelya Grant, chief product officer and co-founder of JustPaid, said in the release

BetaKit
Sep 6th, 2023
Meet the Y Combinator Summer 2023 cohort startups with Canadian connections

Seven Canadian-affiliated tech startups are participating in Y Combinator’s Summer 2023 Demo Day: Decoda Health, Greenlite, LifestyleRX, Spine AI, Tempo Labs, Terminal, and VaultPay.

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