TLDR:
– In Revenue Capital participates in a $3.25 million Series Seed funding round for Rivia Health led by PHX Ventures.
– Rivia Health aims to revolutionize revenue cycle management in the healthcare industry by simplifying patient payments.
In Revenue Capital, the operator-immersive capital firm, has joined the Seed Funding Round for Rivia Health, a patient payments platform. The $3.25 million funding round, led by PHX Ventures, will enable Rivia Health to expand its platform and enter new markets in the U.S. Rivia Health is addressing the challenges patients face in paying medical bills by streamlining the payment process, as healthcare costs continue to rise.
Founder and managing partner at PHX Ventures, Gregg Scoresby, expressed excitement about supporting Rivia Health’s mission to transform revenue cycle management for providers. In Revenue Capital was drawn to Rivia Health’s focus on payment remittance in the healthcare industry, an area where innovation is crucial for success.
Rachel Mertensmeyer, CEO and co-founder of Rivia Health, praised In Revenue Capital for their hands-on support and expertise in sales, expansion revenue, marketing, and partnerships, which have already boosted their growth trajectory. In Revenue Capital is dedicated to working with B2B verticalized SaaS startups and extending its value-add Immersive Operator Network.
With a focus on providing funding and embedded operators to help founders and their companies grow and succeed, In Revenue Capital aims to fix the broken venture capital system. To learn more about Operator Immersive Capital and stay updated on their upcoming book, “The Cheat Code,” visit inrevenue.capital.
