SmarterDx raises $50M in Series B funding led by Transformation Capital to bolster hospital revenue integrity and quality with its clinical AI solution.

May 14, 2024•about 1 year ago

Amount Raised

$50 Million

Round Type

series b

New YorkMedicalArtificial IntelligenceBiotechnologyHealth Care

Investors

Floodgate FundFlare Capital PartnersBessemer Venture PartnersTransformation Capital

Description

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 Information

Company

SmarterDx

Location

New York, New York, United States

About

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.

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