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Rialtic Completes Series A Extension Bringing Total Round To $45 Million

Mar 02, 2022•over 3 years ago

Round Type

series a

Atlanta

Description

Rialtic, an enterprise software platform empowering healthcare insurers and providers to run their most critical business functions, today announced a $28 million extension of its Series A, bringing the company's total funding to date to $45 million. The extension was led by F-Prime Capital with participation from Oak HC/FT, Health Velocity Capital, and Noro-Moseley Partners. The newly raised funds will be used to accelerate the development of Rialtic's transformative platform and to expand partnerships with healthcare insurers and providers to reduce healthcare costs and improve efficiency. Rialtic's innovative platform will be in general availability in the first half of 2022.

Company Information

Company

Rialtic

Location

Atlanta, Georgia, United States

About

Rialtic is an enterprise software platform empowering health insurers and healthcare providers to run their most critical business functions. Founded in 2020 and backed by leading investors including Oak HC/FT, F-Prime Capital, Health Velocity Capital and Noro-Moseley Partners, Rialtic's best-in-class payment accuracy product brings programs in-house and helps health insurance companies gain total control over processes that have been managed by disparate and misaligned vendors. Currently working with leading healthcare insurers and providers, we are tackling a $1 trillion problem to reduce costs, increase efficiency and improve quality of care. For more information, please visit www.rialtic.io.