Thoughtful Automation
Latest round
- Series A
Last raised
- Jul 2024
Total raised
- $18M
Investors
- 2
About Thoughtful Automation
Founded in 2020 in Austin, US, Thoughtful Automation Inc. provides advanced AI-driven revenue cycle management solutions for healthcare organizations. The company was co-founded by Alex Zekoff (CEO) and Dan Parsons (CXO). In Q2 2025, Thoughtful Automation Inc. Thoughtful Automation Inc. specializes in AI-powered revenue cycle management (RCM) solutions designed to streamline and enhance the financial processes of healthcare providers. Their main offerings include a suite of fully human-capable AI Agents, such as EVA for eligibility verification, PAULA for prior authorizations, and CAM for claims processing. These agents automate critical tasks such as eligibility checks, authorization requests, coding, claims processing, and payment posting, thereby aiming to reduce operational costs and improve efficiency in revenue collection. The company primarily serves healthcare organizations, including dental practices, hospitals, and outpatient facilities, across several geographical markets, including the United States and other regions seeking advanced healthcare technology solutions. With a commitment to compliance and security, Thoughtful ensures that its products seamlessly integrate with existing healthcare applications, thereby delivering significant operational improvements and enhanced financial outcomes for its clients. Thoughtful Automation generates revenue through performance-based contracts that guarantee cost reductions and improved financial metrics for its clients.5% Cost to Collect guarantee for the flagship Quantum Plan. Transactions typically involve healthcare providers entering into agreements to utilize these AI Agents for end-to-end revenue cycle management, leading to increased speed in collections and reduced claims denials. The pricing structure aligns with the value delivered to clients, ensuring that providers can focus on patient outcomes while benefiting from improved financial performance. By consolidating multiple RCM functions into one integrated platform, Thoughtful aims to enhance client engagement and support long-term partnerships within the healthcare industry. In Q2 2025, Thoughtful Automation Inc. The company is focused on designing and launching new products aimed at enhancing its AI capabilities and expanding into additional markets, specifically targeting regions in North America and Europe. These expansions are anticipated to occur within the next few years, in line with the company’s strategic growth initiatives.
Who invested in Thoughtful Automation
2 investors across 2 rounds
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Questions about Thoughtful Automation
Who invested in Thoughtful Automation?
Thoughtful Automation has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Thoughtful Automation raised?
Thoughtful Automation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Thoughtful Automation last raise money?
Thoughtful Automation's most recent round on record is a Series A, in Jul 2024.
What does Thoughtful Automation do?
Founded in 2020 in Austin, US, Thoughtful Automation Inc.
Where is Thoughtful Automation headquartered?
Thoughtful Automation is headquartered in Austin, US.
Which VCs invest in companies like Thoughtful Automation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Thoughtful Automation's stage. Their profiles are linked below.
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