Full-Time
Provides business process automation solutions
$170k - $220k/yr
Remote in USA + 1 more
More locations: Austin, TX, USA
Remote
💻Software Engineering (1) |
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Thoughtful Automation provides automation solutions that help businesses improve their operations by reducing costs and increasing efficiency. Their main product is a set of automation modules, which are software tools designed to handle repetitive tasks that employees typically perform. These modules can be used in various business processes, such as billing and compliance, allowing staff to concentrate on more important tasks. Thoughtful Automation serves a diverse clientele, from small businesses to large corporations, all seeking to optimize their workflows. Unlike many competitors, Thoughtful focuses on delivering cost-effective solutions that are more affordable than hiring additional staff for the same tasks. The company's goal is to enable businesses to save time and money while shifting their focus towards strategic initiatives.
Company Size
51-200
Company Stage
Series A
Total Funding
$35.8M
Headquarters
Chicago, Illinois
Founded
2020
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Investment firm New Mountain Capital has merged three portfolio companies SmarterDx, Thoughtful.ai and Access Healthcare for the formation of Smarter Technologies. The integrated capabilities of the new healthcare efficiency automation platform is poised to enhance revenue management, operational workflows, and strengthen financial performance. New Mountain Capital Private Equity managing director and president Matt Holt said: “We identified the market leaders across the most important areas of agentic-AI, machine learning and clinical data, and large-scale automation in the three companies and are now combining them to create the innovation leader of the sector. “We see enormous potential for growth and an opportunity to transform the industry.” Smarter Technologies caters to over 60 hospitals and health systems, as well as more than 500,000 providers. The company handles over 400 million transactions and oversees upwards of $200bn in collective annual revenue. SmarterDx, founded in 2020, specialises in clinical AI for care quality and revenue integrity
Thoughtful Automation Inc. (“Thoughtful.ai”), a leading artificial intelligence (AI)-powered revenue cycle automation company, today announced a strategic in...
Thoughtful.ai, an AI-powered revenue cycle automation company, announced a strategic investment from New Mountain Capital, a firm with over $55 billion in assets under management. This investment aims to accelerate AI adoption in healthcare revenue cycle management, enhancing efficiency and patient care. The transaction is pending regulatory approval and is expected to close in Q2.
Nvidia is in discussions to invest in Elon Musk’s artificial intelligence (AI) startup, according to published reports. Musk’s AI firm xAI is hoping to raise several billion dollars, valuing the company at around $40 billion, the New York Post reported Friday (Nov. 1). A separate report by The Information says Musk had been in discussions with tech companies and venture firms such as Sequoia Capital, Andreessen Horowitz and Vy Capital
Google is reportedly developing an artificial intelligence (AI) technology that can take over web browsers.The tech giant plans to show off this AI product — which carries the codename “Project Jarvis” — as soon as December, when it rolls out its next Gemini large language model, The Information reported Saturday (Oct. 26).OpenAI is working on an AI model that could conduct research by browsing the web autonomously with the help of a computer-using agent, or CUA, that can take actions based on its findings.However, the report said, Google would take the concept further with software that can directly interact with a user’s browser.PYMNTS has contacted Google for comment but has not yet received a reply.The news comes days after AI company Anthropic launched a new capability dubbed “computer use” that lets its AI interact with users’ computer screens.As reported here, this tool allows Anthropic’s AI to interpret on-screen content and, with user consent, carry out tasks such as web browsing, button clicking and text input.“This development marks a shift in AI assistance technology, as it can process real-time screen activity rather than relying on back-end application integrations,” PYMNTS wrote.In a demonstration, the system showed off its abilities by planning a morning hike near the Golden Gate Bridge, autonomously seeking out trails, checking sunrise times and creating calendar invites with detailed info about proper hiking attire.“The release comes amid growing industry interest in AI agents that can operate with minimal human oversight,” PYMNTS wrote. “While companies like Microsoft and Salesforce have recently introduced their agent tools for workplace tasks, Anthropic’s approach differs in that it focuses on direct screen interpretation rather than application-specific integration.”And as argued here in a separate report, Anthropic’s move puts the company in direct competition with the likes of Google and Microsoft, which are attempting to automate routine computer tasks for businesses looking to increase productivity and reduce costs.While past AI tools have focused on text and image generation, these new agents mark an evolution toward AI systems that can actively manipulate software and carry out complex workflows with human oversight kept to a minimum.“Agentic AI is set to redefine industries over the next three years, with its ability to operate autonomously and make decisions without human intervention,” Dan Parsons, COO/CPO at Thoughtful AI, told PYMNTS.“The greatest impact will be seen in areas like system administration, operations, customer service, and complex decision-making, where AI can drastically improve efficiency, reduce costs, and unlock new levels of scalability.”For all PYMNTS AI coverage, subscribe to the daily AI Newsletter