RIIG – HOOTL, a Charlottesville, Virginia-based AI-driven health tech company, has secured a funding round.
Investors
Backed by investors from the United Arab Emirates.
RIIG – HOOTL Use of Funds
The company will use the funds to expand growth within the healthcare sector, develop AI-driven tools for insurance automation, and establish a new office in the UAE.
About RIIG – HOOTL
RIIG – HOOTL, formerly known as RIIG, is a provider of AI-powered risk intelligence and cybersecurity solutions, now transitioning into a health tech platform focused on automating insurance verification and claims adjudication. The company is developing AI tools to streamline healthcare operations and deepen its presence in the UAE through new partnerships across public, private, and academic sectors.
Funding Details
Company: RIIG – HOOTL
Raised: Undisclosed
Round: Unknown
Funding Date: May 2025
Investors: Undisclosed
Company Websites: https://www.riigtech.com/ , https://www.hootl.com/
Software Category: Health Tech, AI Insurance Automation
Source: https://www.businesswire.com/news/home/20250518622401/en/