Stedi

Stedi

A modern EDI platform to automate any B2B transaction.

HQ location
New York City, United States
Website
Launch date
Employees
Enterprise value
$200—300m
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$50.0m

Late VC
Total Funding000k
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Stedi, Inc. specializes in automating business-to-business (B2B) data exchange through Electronic Data Interchange (EDI) solutions. The company offers a comprehensive suite of APIs that facilitate real-time eligibility checks, claims processing, and other transactions, supporting thousands of payers. Stedi's platform ensures 99.9% uptime with automated failover and multi-region redundancy, making it highly reliable for critical operations. Clients range from small businesses to large enterprises across various industries, primarily in the healthcare sector. The business model revolves around subscription-based services and transaction fees, providing hands-on engineering support and dedicated communication channels for seamless integration. Stedi's solutions are designed to eliminate single points of failure, ensuring only authenticated users can access critical APIs and data. The company also offers real-time dashboards and simple API integration, allowing users to configure new trading partnerships and import EDI specifications without writing code.

Keywords: EDI, B2B, APIs, healthcare, data exchange, real-time, automation, uptime, redundancy, integration.

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