Ritten, a Philadelphia, PA-based AI-powered system of record for behavioral health providers, has secured $35 million in Series B funding.
Investors
The round was led by Five Elms Capital, with participation from existing investors Threshold Ventures, 8VC, Bienville Capital, and others.
Five Elms Capital is a growth investor in software businesses that users love, providing capital and resources to help companies accelerate growth and strengthen their position as industry leaders. With over $3 billion in assets under management, Five Elms has invested in more than 70 software platforms worldwide. In addition to capital, the firm provides strategic and operational expertise.
Ritten Use of Funds
The company will use the funding to support expansion across mental health and addiction treatment providers, advancement of AI capabilities, integration of AI-powered workflows, and growth of customer support and enterprise services.
About Ritten
Ritten is a unified behavioral health practice management platform purpose-built for substance use disorder and mental health treatment providers. The platform combines a robust EHR, integrated CRM, and comprehensive RCM into a single system of record, helping organizations streamline operations, remain compliant, and deliver higher-quality care. Founded in 2020 and headquartered in Philadelphia, Ritten serves treatment centers across the U.S., ranging from single-site providers to multi-state enterprise groups.
Funding Details
Company: Ritten
Raised: $35.0M
Round: Series B
Funding Date: December 2025
Lead Investor: Five Elms Capital
Additional Investors: Threshold Ventures, 8VC, Bienville Capital
Company Website: https://www.ritten.io/
Software Category: Behavioral Health Electronic Medical Record/Healthcare Software / Health IT
Source: https://www.prnewswire.com/news-releases/ritten-announces-35m-series-b-investment-led-by-five-elms-capital-302637866.html