Today, Camber announced its Series B round. We at Craft Ventures are excited to share that we’ve been investors since the Seed stage and are again participating alongside Andreessen Horowitz. Camber’s platform is transforming revenue cycle management (RCM) for behavioral health clinics, and we couldn’t be more thrilled to continue our partnership with the team. As diagnoses of conditions like Autism continue to skyrocket — with one recent CDC study estimating that 1 in 44 children in the U.S. is on the autism spectrum — the demand for high-quality care has never been greater. Yet, countless providers struggle with timely reimbursement from insurance plans, hampering their ability to remain financially stable while offering critical care. Camber identified this challenge and set out to build a solution that alleviates the financial stress for providers, empowering them to focus on what matters most: delivering life-changing care.
Camber began in the Autism category, but its success has rapidly extended into other healthcare verticals including speech language pathology (SLP), occupational therapy (OT), physical therapy (PT), and neuropsychology. Today, Camber serves over 90,000 children across the United States, and the company’s revenue base grew 5.5x last year alone. By unifying RCM, billing, and analytics in one place, Camber has become the go-to partner for small clinics and large practices alike. Many smaller clinics on Camber grow at twice the rate of those without a comprehensive RCM solution — a testament to how much impact streamlined billing and insightful data can have on the health of a practice.
One of the core reasons we invested in Camber is its unprecedented access to billions of dollars in claims data. This data advantage enables Camber to deliver best-in-class billing performance by staying hyper-focused on the nuances of each therapy vertical. But it also offers clinics far more than efficient billing: Camber helps them identify new regions in need of clinical services, strategize better payer negotiations, and glean insights that drive responsible growth.
With Camber’s robust data platform, clinics can develop custom reports in mere minutes — tasks that would otherwise take weeks of manual effort.
We’re excited to support Camber’s mission to transform RCM. We look forward to many more years working with Christophe Rimann, Nathan Lee, Celina Qi, and the whole team as they continue to expand into new verticals, tackle emerging needs in behavioral health, and ultimately improve how providers serve their communities.
