# Smarter Dx

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smarter-dx

- Industry: Software
- Headquarters: New York, US
- Website: www.smarterdx.com
- Total disclosed funding: $50M
- Latest round: Series B (May 14, 2024)
- Investors on record: 4

## About

Based in New York, US, and founded in 2020 and led by Chief Executive Officer Michael Gao, Smarter Dx, Inc. operates as a clinical artificial intelligence-based company specializing in improving hospital revenue integrity and patient care. In May 2024, Smarter Dx, Inc. raised USD 50 million in Series B funding led by Transformation Capital, with participation from Bessemer Venture Partners, Flare Capital Partners, and Floodgate Fund. 

Smarter Dx, Inc. developed an artificial intelligence-based platform which records data points for each patient discharge, including notes, labs, medications, orders, vitals, and ICD-10 codes. It’s review process ensures every potential revenue and the platform's physician-validated AI transforms manual, time-consuming tasks into quick, efficient actions, integrity with an impressive 5:1 ROI from day one. The company offers diagnosis capabilities and counterfactual modeling for identifying missed clinical documentation improvement (CDI) and coding opportunities, streamlining workflow and maximizing time-savings for healthcare providers.

## Funding rounds

- Series B, May 14, 2024, $50M — Bessemer Venture Partners, Floodgate, Transformation Capital, Flare Capital Partners

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Series B
- Transformation Capital (https://capitalatlas.ai/funds/transformation-capital) — Series B
- Flare Capital Partners (https://capitalatlas.ai/funds/flare-capital-partners) — Series B
