On September 21, XpertDox—a Birmingham-based software company specializing in autonomous medical coding powered by artificial intelligence—announced the closing of $1.5 million in their latest round of funding, highlighted by investment from the leadership of TN3, LLC, an Arizona based Private Equity Capital firm.
Keep reading to learn more.
Founded by two physicians in 2015 and headquartered in Birmingham, XpertDox, LLC. is a software company that provides products and services utilizing smart technology to revolutionize healthcare administration and patient experiences.
Currently, XpertDox offers three products:
- XpertCoding, an autonomous coding solution that utilizes artificial intelligence to autonomously code medical claims.
- XpertTrial, a clinical trials database management, search engine and patient recruitment platform custom-built for each healthcare organization.
- XpertScreen, a physician-facing internal platform for automated pre-screening, referral and recruitment.
Closing $1.5M from TN3, LLC
The recent success of XpertDox’s XpertCoding solution has caught eyes across the country, particularly from TN3, LLC—an Arizona-based private equity firm.
TN3’s investment in XpertDox represents the firm’s first investment in a company headquartered in the state of Alabama.
“We’re excited about partnering with the XpertDox Team. Their technology and products offer significant advantages to their clients for Coding and Clinical Trials and we’re confident that the Company with have both short- and long-term success.”Mike Pierce, Managing Partner, TN3, LLC
XpertDox plans to utilize the funding to help grow their marketing and sales efforts as well as expand their programming infrastructure.
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