Thoughtful AI, an Austin, TX-based AI-powered revenue cycle automation company, raised $20m in Series A funding.
The round was led by Nick Solaro of Drive Capital with participation from TriplePoint Capital.
The company intends to use the funds to invest in research and development, make breakthrough progress in its flagship RCM AI products, hire tech talent, and expand its go-to-market strategy and operations.
Led by Alex Zekoff, co-founder and CEO, Thoughtful AI is a Service-as-Software provider with scalable business automation solutions purpose-built for mid-market healthcare companies. Its intelligent automation technology and cloud-based digital management platform provide everything middle-market businesses need to customize, implement and continuously monitor and optimize AI Agents.
The new AI Agents launched today are among the latest innovations from Thoughtful AI. The first suite of these role-based, fully human-capable AI Agents – aptly named CAM, EVA, and PHIL – perform claims processing, patient eligibility verification, and payment posting.
FinSMEs
18/07/2024