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Venture Capital News: SmarterDx Nabs $50M Series B Round

2024-05-14
NEW YORK, NY, SmarterDx, the leader in clinical AI for revenue integrity and care quality, today announced it has secured $50 million in Series B funding led by Transformation Capital.
The round also includes continued investments from Bessemer Venture Partners, Flare Capital Partners and Floodgate Fund, bringing total funding to $71 million to date. The investment will drive product innovation that will create additional value for health systems, as well as support scale as the company expands.

SmarterDx is the clinical AI company that discovers, delivers and drives better quality, revenue and care. SmarterDx uses AI to understand each patient's clinical journey, helping hospitals tell the most accurate and complete story to 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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