Codoxo, a provider of healthcare artificial intelligence solutions, announced it closed a $20 million oversubscribed Series B funding round.

Codoxo's Series B funding is led by QED Investors, who also participated in Codoxo's Series A round in 2020. New investors joining this round of funding are Sands Capital Management and 111 West Capital. Existing investors that also participated in this round are Brewer Lane Ventures, Spider Capital and GRA Venture Fund. This Series B round brings Codoxo's total funding to about $30 million.