Thoughtful AI
Founded Year
2020Stage
Private Equity | AliveTotal Raised
$25MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+197 points in the past 30 days
About Thoughtful AI
Thoughtful AI provides AI-powered revenue cycle management (RCM) automation for the healthcare sector. The company has AI agents that automate key RCM tasks such as eligibility verification, prior authorization, coding and notes review, claims management, denials management, and payment posting. These AI agents operate within existing RCM tech stacks. It was founded in 2020 and is based in Austin, Texas.
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ESPs containing Thoughtful AI
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The prior authorization software market provides technology solutions to streamline the process of obtaining approval from health insurance plans before providing certain medical services or medications to patients. Companies in this market offer platforms that automate prior authorization workflows, use AI/ML to enable real-time decisions, and integrate into provider and payer systems. Key featur…
Thoughtful AI named as Leader among 15 other companies, including Cohere Health, Surescripts, and VoiceCare AI.
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Research containing Thoughtful AI
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Thoughtful AI in 2 CB Insights research briefs, most recently on Mar 11, 2025.
Mar 6, 2025
The AI agent market mapExpert Collections containing Thoughtful AI
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Thoughtful AI is included in 4 Expert Collections, including Artificial Intelligence.
Artificial Intelligence
10,047 items
Digital Health
11,408 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
AI agents
374 items
Companies developing AI agent applications and agent-specific infrastructure. Includes pure-play emerging agent startups as well as companies building agent offerings with varying levels of autonomy. Not exhaustive.
Generative AI
2,314 items
Companies working on generative AI applications and infrastructure.
Latest Thoughtful AI News
May 21, 2025
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. GlobalData Strategic Intelligence US Tariffs are shifting - will you react or anticipate? Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis. By GlobalData SmarterDx, founded in 2020, specialises in clinical AI for care quality and revenue integrity. Thoughtful.ai, also established in the same year, offers an AI-driven business and revenue cycle automation platform that enhances healthcare operations productivity and scalability. Created in 2011, Access Healthcare provides a tech-driven solution for revenue cycle management (RCM). Under the leadership of CEO Jeremy Delinsky, an executive advisor to New Mountain, Smarter Technologies is set to leverage its combined solutions to reduce administrative inefficiency. Leaders from SmarterDx, Thoughtful.ai, and Access Healthcare will continue to manage their respective areas within the new entity. Delinsky said: “Amid rapid change in the healthcare sector, Smarter Technologies offers a unique, comprehensive, and modular platform that addresses hospitals’ and health systems’ growing need for better administrative and revenue management technologies and capabilities.” This announcement follows New Mountain Capital’s previous move in September last year , which saw the merger of The Rawlings Group, Apixio’s Payment Integrity business, and VARIS to create another technology-enabled platform for the healthcare industry. Sign up for our daily news round-up! Give your business an edge with our leading industry insights.
Thoughtful AI Frequently Asked Questions (FAQ)
When was Thoughtful AI founded?
Thoughtful AI was founded in 2020.
Where is Thoughtful AI's headquarters?
Thoughtful AI's headquarters is located at 823 Congress Avenue, Austin.
What is Thoughtful AI's latest funding round?
Thoughtful AI's latest funding round is Private Equity.
How much did Thoughtful AI raise?
Thoughtful AI raised a total of $25M.
Who are the investors of Thoughtful AI?
Investors of Thoughtful AI include New Mountain Capital, Drive Capital and TriplePoint Capital.
Who are Thoughtful AI's competitors?
Competitors of Thoughtful AI include Notable Systems and 8 more.
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Compare Thoughtful AI to Competitors
Mantys is a company that focuses on automating revenue cycle management (RCM) for the healthcare sector. It offers AI-driven solutions that transform unstructured healthcare documents into structured data, automate front-end operations, and streamline claim reviews and reconciliations. Mantys AI Agents integrate with electronic health records and practice management systems to enhance productivity and financial accuracy for healthcare providers. It was founded in 2022 and is based in Bengaluru, India.
ERISA Recovery operates within the healthcare revenue cycle management sector, focusing on recovering aged and denied claims for healthcare providers. The company provides services related to ERISA law. It is based in Dallas, Texas.
Triage Consulting Group, part of Cloudmed, specializes in healthcare revenue cycle management and revenue intelligence solutions. The company provides services including denials recovery, complex claim referrals, and accounts receivable recovery, supported by a data-driven technology platform. Cloudmed serves the healthcare industry. It is based in San Francisco, California.
Hansei Solutions provides revenue cycle management for the healthcare sector, focusing on addiction and mental health facilities. The company offers services that include billing, utilization review, credentialing, and denial management, which assist clients with cash flow and compliance. Hansei Solutions serves the behavioral healthcare industry, offering solutions that address the challenges and opportunities within this sector. It is based in Los Angeles, California.
Quadax provides healthcare revenue cycle management services, including claims management, reimbursement, denial management, patient access, and client engagement, supported by analytics and reporting tools. The company serves hospitals, health systems, laboratories, physician groups, specialty practices, durable medical equipment providers, and post-acute and long-term care facilities. It was founded in 1973 and is based in Cleveland, Ohio.
InnoviHealth is a company that specializes in providing coding, reimbursement, and compliance resources within the healthcare sector. Its main offerings include an extensive online library for medical coding and billing, platforms for diagnostic coding and medical chart abstraction, and databases for healthcare abbreviations. The company primarily serves professionals in the healthcare industry seeking coding and billing solutions, compliance information, and certification support. It was founded in 1997 and is based in Spanish Fork, Utah.
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