Austin-based, Thoughtful AI is a Revenue Cycle Automation AI platform provider that recently raised $20 million led by Drive Capital in a Series A funding round.
TriplePoint Capital actively backed the round.
Austin-Based AI $20M Series Drive Capital
CEO of Thoughtful AI, Alex Zekoff said that the funds raised will help the company to expand its tech team, fasten operations, and its go-to-market strategies. He further said that their aim is to make healthcare fully autonomous with AI.
Thoughtful AI has launched the world’s first human-capable AIs – CAM, PHIL, and EVA. These advanced AI can verify patients’ documents, process claims, and post payments autonomously. Generally, healthcare workers have to manage all this work which is error-prone and costly often leading to insurance denials and DSO issues.
Moreover, Thoughtful AI provides the best solution for all these issues and provides a more focused and productive environment so that staff can deliver the best overall experience to the patients.
Thoughtful AI can do complex RCM unit jobs with any human intervention so that healthcare reduces the cost of operations. Thoughtful AI is built on multiple platforms such as LLM, RPA, OCR, and NLP that’s why it can solve any problem like a human would. CEO said that their Thoughtful AI agents is even better than humans because it is fast and error-free.
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