Rivet Health
Latest round
- Series B
Last raised
- Jun 2022
Total raised
- $29M
Investors
- 5
About Rivet Health
Rivet Health, Inc.Rivet Health, Inc. is a healthcare technology company that specializes in revenue cycle management (RCM)., a portfolio company of Mubadala Investment Company, Norwest Venture Partners, HarbourVest Partners, Edison Partners, and Bain Capital, acquired Rivet Health, Inc. from Ankona Capital, Catalyst, Lux Capital, Menlo Ventures, and Pelion Venture Partners.Rivet Health specializes in transforming healthcare revenue cycle management (RCM) through a suite of innovative solutions designed to enhance financial visibility and operational efficiency for healthcare providers. Their core offerings include Revenue Diagnostics, which provides insight into financial health and helps in preventing claims denials; Payer Performance tools that enable modeling of payer contracts and recovery of variances; and Patient Pricing solutions that simplify the process of generating accurate price estimates for patients.Rivet Health operates on a business-to-business (B2B) model, providing its revenue cycle management solutions primarily through subscription-based pricing structures tailored to various healthcare organizations. Clients engage with Rivet by accessing their platform, which facilitates actions from contract negotiation preparations to revenue diagnostics. Transactions typically involve annual or multi-year subscriptions, allowing clients to enhance their financial operations and optimize revenue recovery. The flagship products include analytics and data aggregation tools, ensuring that healthcare providers can manage contracts effectively and gain critical insights into financial performance with structured pricing plans customized to their operational needs. Rivet Health aims to leverage its recent capital influx to enhance product offerings and increase its market presence. The acquisition enables Rivet Health, Inc. to integrate advanced revenue cycle analytics into its payment platform, enhancing claim transparency, reducing administrative waste, and strengthening payer-provider collaboration to drive efficiency and improve financial performance across healthcare networks.
Who invested in Rivet Health
5 investors across 2 rounds
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Questions about Rivet Health
Who invested in Rivet Health?
Rivet Health has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rivet Health raised?
Rivet Health has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Rivet Health last raise money?
Rivet Health's most recent round on record is a Series B, in Jun 2022.
What does Rivet Health do?
Rivet Health is a financial services company.
Where is Rivet Health headquartered?
Rivet Health is headquartered in Salt Lake City, US.
Which VCs invest in companies like Rivet Health?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Rivet Health's stage. Their profiles are linked below.
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