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/