How much funding has Thoughtful Automation raised?

Thoughtful Automation has raised $20.0M in total funding, most recently a Growth Equity round.

Who are Thoughtful Automation's investors?

Thoughtful Automation's investors include New Mountain Capital, Drive Capital.

When was Thoughtful Automation founded?

Thoughtful Automation was founded in 2020.

Where is Thoughtful Automation headquartered?

Thoughtful Automation is headquartered in Austin, United States.

What industry is Thoughtful Automation in?

Thoughtful Automation operates in Artificial Intelligence, Healthcare, SaaS.

How many employees does Thoughtful Automation have?

Thoughtful Automation has 11-50 employees.

Thoughtful Automation

Austin, United States · Founded 2020 · $20.0M raised

Artificial Intelligence

Healthcare

SaaS

Headquarters: Austin
Employees: 11–50
Founded: 2020
Business Model: B2B

Website: thoughtful.ai
Total Funding: $20.0M
Last Round: $20.0M Growth EquityApr 2025
Rounds: 2

About

Thoughtful AI (legally Thoughtful Automation Inc.) is a healthcare revenue cycle management company founded in 2020 by Alex Zekoff and Dan Parsons. Its AI Agents — including CAM, EVA, and PHIL — automate billing, eligibility verification, claims processing, and other RCM administrative workflows for healthcare providers, combining RPA with AI to speed up collections and reduce manual work. In 2025 the company joined Smarter Technologies to continue scaling AI-driven revenue cycle automation across the healthcare industry.

Summary

Thoughtful Automation is an Artificial Intelligence company based in Austin, United States, founded in 2020. It has raised $20.0M in total across 2 rounds, most recently a $20.0M Growth Equity round in Apr 2025. Investors include New Mountain Capital and Drive Capital.