Full-Time
Posted on 12/13/2024
Automates repetitive business processes with modules
$190k - $250k/yr
Austin, TX, USA
Hybrid
Remote or on-site in Austin, TX; hybrid work arrangement.
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Thoughtful Automation provides automation modules that perform repetitive business tasks to help companies streamline operations and reduce costs. The modules are software components that can be deployed across various business processes, such as billing and compliance, and run tasks automatically to free up staff for higher-value work. Unlike some competitors that may offer generic software, Thoughtful Automation uses a service-based model and sells modular automation solutions that are easy to deploy across different processes, making automation affordable and scalable. The company’s goal is to help businesses save time and money, improve productivity, and enable teams to focus on strategic tasks.
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
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