Stedi
Stedi is a developer-first EDI clearinghouse for healthcare transactions. Instead of legacy file-based EDI, Stedi offers a modern API and cloud platform for sending and receiving healthcare data — claims, eligibility, remittance — with full compliance.
- Location
- New York, USA
- Raised
- $138M
- Stage
- Series C
- Founded
- 2018
- Category
- SaaS
- Funding
- VC-backed
- Team
- 50-200
Funding figures as of Jul 2025 · not independently verified
Founders of Stedi
- Matt Peterson
Investors backing Stedi
- Andreessen Horowitz
- Kleiner Perkins
Frequently asked questions
What does Stedi do?
Stedi is a developer-first EDI clearinghouse for healthcare transactions. Instead of legacy file-based EDI, Stedi offers a modern API and cloud platform for sending and receiving healthcare data — claims, eligibility, remittance — with full compliance.
Where is Stedi based?
Stedi is based in New York, USA.
When was Stedi founded?
Stedi was founded in 2018.
How much has Stedi raised?
Stedi has raised $138M in their Series C round as of Jul 2025.
Who founded Stedi?
Stedi was founded by Matt Peterson.
Who has invested in Stedi?
Stedi is backed by Andreessen Horowitz, Kleiner Perkins.
How Stedi would pitch themselves
○ Auto-generated01Target customer
Business teams looking for modern saas tooling — replacing legacy software or building net-new workflows in this category.
02Problem they solve
Stedi is a developer-first EDI clearinghouse for healthcare transactions. Instead of legacy file-based EDI, Stedi offers a modern API and cloud platform for sending and receiving healthcare data — claims, eligibility, r… The category has historically been served by tools that miss the modern workflow this product is built around.
03Key differentiator
Stedi differentiates on the programmable healthcare edi clearinghouse. Backed by Andreessen Horowitz + Kleiner Perkins, $138M raised — the company has resources + validation to compound this thesis. Founded by Matt Peterson.
04Go-to-market strategy
Growth-stage GTM — multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.