Tech Company Financing Transactions
SmarterDx Funding Round
On 5/14/2024, SmarterDx received $50 million in Series B funding from Transformation Capital, Bessemer Venture Partners and Flare Capital Partners.
Transaction Overview
Company Name
Announced On
5/14/2024
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate product innovation, adding new clinical and financial data integrations and refining its proprietary algorithms that identify new revenue and quality opportunities for customers, and market expansion to benefit hospitals and health systems.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
845 Third Ave., 6th Floor
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Website
Email Address
Not Recorded
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Gao
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