Rivia Health Raises $3.25 Million in Seed Round

by Kay Aloha Villamor in February 6th, 2024

Rivia Health, a Phoenix, Arizona-based revenue cycle management solution for healthcare provider organizations, raised $3.25 million in seed funding.  

SaaS Investors  

The round was led by PHX Ventures.  

Founded in 2019, PHX Ventures is a venture capital investment firm headquartered in Arizona, United States. The firm seeks to invest in technology and software companies based in Arizona.   

Rivia Health Use of Funds  

The company will use the funds to expand its patient payment solution and enter new markets.  

About Rivia Health  

Rivia Health is a remote-first company streamlining the patient payment process with an intelligent revenue cycle management platform. Utilizing digital communications, smart messaging, and easy payment tools, Rivia Health removes common barriers to collections, enabling patients to pay bills seamlessly. By both facilitating payments and integrating effortlessly into existing systems, Rivia Health improves efficiency and the bottom line for providers. The company works with healthcare providers to streamline revenue cycle operations through our intelligent communication and payment platform. Its mission is to simplify medical billing and payments for patients and providers.  

Funding Details            

Company: Rivia Health Inc.     

Raised: $3.25M               

Round: Seed Round    

Funding Month: February 2024                   

Lead Investors: PHX Ventures  

Additional Investors:    

Company Website: https://www.riviahealth.com/    

Software Category: Healthcare Revenue   

Source: https://www.businesswire.com/news/home/20240205405047/en/  



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