# Rivia Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rivia-health

- Industry: Healthcare IT
- Headquarters: Phoenix, US
- Website: www.riviahealth.com
- Total disclosed funding: $9.9M
- Latest round: Seed (Feb 1, 2024)
- Investors on record: 2

## About

Based in Arizona, US, and founded in 2018 by co-founders CEO Rachel Mertensmeyer and COO Elizabeth Furst, Rivia Health Inc., a.k.a. Rivia Health operates as a healthcare technology company that provides a revenue cycle management solution to handle the payment and revenue cycle management needs of healthcare organizations, including patient payments and automated billing workflows. In February 2024, Rivia Health Inc. raised USD 9.88 million in seed funding led by new investor PHX Ventures, with participation from another new investor In Revenue Capital. Other unspecified investors also participated in the round.

The company provides a revenue cycle management platform that streamlines the patient payment process, including digital communications, smart messaging, and payment. The platform offers a wide range of features, including claim auto-reconciliation, automated payment plan setup, automated credit card update notification, manual appointment reminders, and more, to simplify medical billing and payments for both patients and providers.

The company plans to use its proceeds from February 2024 funding to expand its patient payment solution and enter new markets across the country.

## Funding rounds

- Seed, Feb 1, 2024, $9.9M — PHX Ventures, In Revenue Capital

## Investors

- PHX Ventures (https://capitalatlas.ai/funds/phx-ventures) — Seed
- In Revenue Capital (https://capitalatlas.ai/funds/in-revenue-capital) — Seed