Fundz

Thoughtful AI raises $20m in a Series A round led by Nick Solaro of Drive Capital and TriplePoint Capital for human-capable AI Agents in healthcare revenue cycle management

PRIVATEJul 18, 2024

Amount Raised

$20 Million

Round Type

Series A

AustinSoftwareArtificial IntelligenceMachine Learning

Investors

Triple Point CapitalDrive CapitalNick Solaro

Description

Thoughtful AI has raised $20 million in a Series A round led by Nick Solaro of Drive Capital and TriplePoint Capital. The funding will be used to reinvest in research and development, make progress in flagship RCM AI products, hire top-tier tech talent, and expand the go-to-market strategy and operations.

Quick answer

Thoughtful AI raised $20 Million in a Series A round, dated July 18, 2024. Investors: Triple Point Capital, Drive Capital and Nick Solaro. Thoughtful AI is based in Austin, Texas, United States.

How much did Thoughtful AI raise?
Thoughtful AI raised $20 Million in a Series A round on July 18, 2024.
Who invested in Thoughtful AI?
Triple Point Capital, Drive Capital and Nick Solaro are named as investors in this round.
What does Thoughtful AI do?
We are Thoughtful AI – pioneering a new approach to automation for all healthcare providers!
Where is Thoughtful AI based and how big is it?
Thoughtful AI is based in Austin, Texas, United States.
Who are the decision-makers at Thoughtful AI?
Fundz holds 1 contact at Thoughtful AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Thoughtful AI that raised within 45 days of this round, from Fundz verified event records.

  • Team-GPT raised $3.7M on August 29, 2024.
  • Codeium raised $150M (Funding Round) on August 29, 2024.
  • Moveo.AI raised $2.6M (Seed) on August 27, 2024.
  • Katara raised $2.2M (Seed) on August 27, 2024.
  • just words raised $1.7M (Seed) on August 27, 2024.
  • Nectar AI raised $3.9M (Seed) on August 26, 2024.

Who to call at Thoughtful AI, and when

A new round usually means Thoughtful AI is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at Thoughtful AI, from your own LinkedIn network

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Company Information

Company

Thoughtful AI

Location

Austin, Texas, United States

About

We are Thoughtful AI – pioneering a new approach to automation for all healthcare providers! Our Fully-Human Capable AI Agents operate within your existing RCM tech stack to accomplish key end-to-end tasks currently performed by human employees. The Thoughtful AI platform utilizes state-of-the-art technology, including Robotic Process Automation, Optical Character Recognition, Natural Language Processing, and Large Language Models.

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Fundz sees it the moment Thoughtful AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Thoughtful AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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