SmarterDx raises $50M in Series B funding led by Transformation Capital to bolster hospital revenue integrity and quality with its clinical AI solution.
SmarterDx raises $50M in Series B funding led by Transformation Capital to bolster hospital revenue integrity and quality with its clinical AI solution.
05/14/24, 12:11 PM
Location
new yorkMoney raised
$50 million
Industry
medical
artificial intelligence
biotechnology
health care
Round Type
series b
Investors
Floodgate Fund, Flare Capital Partners, Bessemer Venture Partners, Transformation Capital
SmarterDx has secured $50 million in Series B funding led by Transformation Capital, with continued investments from Bessemer Venture Partners, Flare Capital Partners, and Floodgate Fund, bringing total funding to $71 million to date. The investment will propel product innovation and market expansion to benefit hospitals and health systems.
Company Info
Location
new york, new york, united states
Additional Info
SmarterDx is the clinical AI company that discovers, delivers and drives better quality, revenue and care. We use AI to understand each patient's journey, helping hospitals close their revenue integrity "differential" gap. The ability to implement in weeks, ingest more than 30,000 data points per chart, and deliver a risk-free ROI makes SmarterDx the ultimate hospital revenue integrity partner.