{"podcast":{"title":"Sourcery","slug":"sourcery-6853139","podcast_index_feed_id":6853139,"rss_url":"https://anchor.fm/s/f192713c/podcast/rss","website_url":"https://www.sourcery.vc","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/40429063/40429063-1777331323919-38ab3ebcb33f6.jpg","author":"Sourcery with Molly O'Shea","episode_count":178,"summary":"Interviews with the top Investors, CEOs, & Founders","last_synced_at":"2026-07-22T22:18:35.948107+00:00","page_url":"https://stenobird.com/podcast/sourcery-6853139"},"episode":{"title":"Commure Hits $7B Backed by GC, Sequoia, Morgan Stanley","slug":"commure-hits-7b-backed-by-gc-sequoia-morgan-stanley","published_at":"2026-05-19T13:00:00+00:00","page_url":"https://stenobird.com/podcast/sourcery-6853139/commure-hits-7b-backed-by-gc-sequoia-morgan-stanley","show_page_url":"https://stenobird.com/podcast/sourcery-6853139","url":"https://podcasters.spotify.com/pod/show/sourcery/episodes/Commure-Hits-7B-Backed-by-GC--Sequoia--Morgan-Stanley-e3jja0o","audio_url":"https://anchor.fm/s/f192713c/podcast/play/120219096/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-19%2F424465595-44100-2-93c02b3be7edd.mp3","summary":"Tanay Tandon, Co-Founder and CEO of Commure, joins Sourcery to break down the company's new $70M round at a $7B post-money valuation, led by General Catalyst with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. With $750M raised to date, Commure now runs inside 500+ healthcare organizations, 3,000+ sites of care, and processes tens of billions of dollars in annual claims — with 85%+ of revenue cycle work completed without a human in the loop. Tanay started the company at 18 out of his Stanford dorm room. Today, Commure has 1,200 employees across seven offices, supports 200M+ patient encounters a year, and has doubled ARR three years in a row. We get into the round, the use of General Catalyst's Customer Value Fund (CVF) for non-dilutive growth capital, why he believes point solutions will be wiped out, the Augmedix acquisition, the Summa Health partnership in Akron, the JPM flip-flops story, and his IPO plans. Topics covered: • The $70M / $7B round and why he didn't need the capital • CVF and non-dilutive financing for go-to-market • Building an AI-native OS for healthcare • HCA, Tenet, Epic, and Meditech partnerships • Why platforms beat point solutions • Lessons from acquiring Augmedix • What Alfred Lin, Hemant Taneja, and Teresa Carlson taught him • The path to IPO Tanay Tandon: https://www.linkedin.com/in/tanaytandon Molly O’Shea: https://x.com/MollySOShea Sourcery: ⁠ https://x.com/sourceryy 𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊 YouTube: https://youtu.be/Vd4HHQ1l9mM 𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒 • Brex —The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery • Turing —Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables…","meta_description":"Tanay Tandon, Co-Founder and CEO of Commure, joins Sourcery to break down the company's new $70M round at a $7B post-money valuation, led by General Catal…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3427,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/sourcery-6853139/episodes/commure-hits-7b-backed-by-gc-sequoia-morgan-stanley/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/sourcery-6853139/commure-hits-7b-backed-by-gc-sequoia-morgan-stanley.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}