S
SmarterDx
Improving clinical and financial outcomes with physician-validated AI for documentation and coding
About SmarterDx
SmarterDx is a technology startup that operates in the healthcare sector, specifically in the realm of medical data analysis. The company's primary service is to simplify the complex process of medical diagnosis by analyzing a vast amount of data points per patient chart. This includes notes, lab results, medications, orders, vitals, ICD-10 codes, and other studies.
The company's unique selling point is its use of counterfactual modeling, a method that identifies missed Clinical Documentation Improvement (CDI) and coding opportunities. In simpler terms, it helps healthcare providers identify missed opportunities for better patient care and revenue generation.
SmarterDx's clients are primarily healthcare providers who are looking to streamline their workflow, improve patient care, and increase revenue. The company's business model is risk-free, promising a guaranteed 5:1 return on investment (ROI). This means for every dollar invested in their services, the client will see a five-dollar return.
The company's services transform slow, manual searches into rapid decisions, delivering real differential value. This means that they help healthcare providers make quicker, more informed decisions that can lead to better patient care and increased revenue.
In summary, SmarterDx is a data-driven healthcare startup that uses advanced technology to help healthcare providers improve patient care and increase revenue through more efficient and effective diagnosis processes.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- New York City, United States
- Employees
- 378
- Open positions
- 3
- Dealroom signal
- 93.3/100
- Industry
- Health, Enterprise Software
- Sub-industry
- Health Platform
- Sector
- Health Tech & Medtech, Core AI, AI Applications, AI Agents
- Technology
- Artificial Intelligence
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VCOther financing | Apr 2025 | $0 | — | New Mountain Capital | ↗ |
| SERIES BOther financing | May 2024 | $50M | $200M | Bessemer Venture Partners · Floodgate · Flare Capital Partners · Transformation Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for SmarterDx is 14K monthly website visits, up 68.7% over the last three months. SmarterDx's team grew 47.1% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Floodgate
East Post Road Ventures
Flare Capital Partners
Series A2 investors entered at this stage
Transformation Capital
Bessemer Venture Partners
Series B and later1 investor entered at this stage
New Mountain Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SmarterDx on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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