SmarterDx's Unicorn Acquisition by New Mountain

SmarterDx's Unicorn Acquisition by New Mountain

New Mountain Capital acquired SmarterDx and combined with Thoughtful.ai and Access Healthcare to launch Smarter Technologies, an AI-enabled revenue cycle platform $800M+ in revenue.

For health systems, it is about capturing all of the revenue they are entitled to. SmarterDx's hospital coding intelligence now operates inside a scaled workflow engine, reducing revenue leakage, and speeding reimbursement. It is an illustration of how proprietary data can solve large problems that foundation models are blind to.

Since investing in the seed round, we've watched SmarterDx grow at impressive speed. We are excited to see that carried forward now into a larger platform.

SmarterDx was a fund-returning outcome for Switch. Outcomes like this power our model as we reinvest into the next wave of ambitious founders.

Switch VC © 2025

ALL RIGHTS RESERVED

Switch VC © 2025

ALL RIGHTS RESERVED

Switch VC © 2025

ALL RIGHTS RESERVED