Rivia Health Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
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36
- Latest Deal Type
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Accelerator/Inc
- Investors
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26
Rivia Health General Information
Description
Developer of a payment engagement platform intended to help healthcare organizations reduce patient bad debt and outstanding patient responsibility. The company's platform helps in consolidating all medical bills and payments in one place and enhances existing revenue cycle management systems, automating and digitizing patient payments, enabling clients to automate patient billing engagement, payment plan setup and claim reconciliation within existing systems.
Contact Information
Website
www.riviahealth.comCorporate Office
- 10720 West Indian School Road
- Suite 19 PMB 512
- Phoenix, AZ 85037
- United States
Corporate Office
- 10720 West Indian School Road
- Suite 19 PMB 512
- Phoenix, AZ 85037
- United States
Rivia Health Timeline
Rivia Health Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 9. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 8. Seed Round | 16-Feb-2024 | Completed | Generating Revenue | |||
| 7. Seed Round | 10-Feb-2022 | Completed | Generating Revenue | |||
| 6. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 27-Feb-2020 | Completed | Generating Revenue | |||
| 4. Equity Crowdfunding | 01-Jan-2019 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | $1.1M | $1.1M | Completed | Startup | ||
| 1. Accelerator/Incubator | 23-May-2017 | Completed | Startup |
Rivia Health Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-5 | ||||||||
| Seed-4 | ||||||||
| Seed-6 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 3,652,864 | $0.000010 | $0.19 | $0.19 | 1x | $0.19 | 4.04% | |
| Seed Senior | 12,084,582 | $0.000010 | $0.17 | $0.17 | 1x | $0.17 | 13.36% |
Rivia Health Comparisons
Industry
Financing
Details
Rivia Health Competitors (2)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| HealthiPASS | Private Equity-Backed | Oak Brook, IL | ||||
| Health Here | Venture Capital-Backed | Nashville, TN |
Rivia Health Related Research & Analysis
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Verticals
Rivia Health Patents
Rivia Health Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11450417-B2 | System and method for healthcare document management | Active | 28-Jan-2019 | ||
| US-20200243174-A1 | System and method for healthcare document management | Active | 28-Jan-2019 | ||
| US-20200242350-A1 | System and method for format-agnostic document ingestion | Active | 28-Jan-2019 | ||
| US-11615870-B2 | System and method for format-agnostic document ingestion | Active | 28-Jan-2019 | ||
| US-20230237101-A1 | System and method for format-agnostic document ingestion | Inactive | 28-Jan-2019 | G06F16/93 |
Rivia Health Executive Team (13)
| Name | Title | Board Seat |
|---|---|---|
| Rachel Mertensmeyer | Co-Founder, Chief Executive Officer & Board Member | |
| Elizabeth Furst | Co-Founder & Chief Operating Officer | |
| Mick Murray | Advisor | |
| Richard Boals | Advisor | |
| Vance Moore | Advisor |
Rivia Health Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| Brenda Schmidt | Self | Board Member & Advisor | |
| Catherine Eckstein | Sonoran Founders Fund | Board Member & Advisor | |
| Gregg Scoresby | PHX Ventures | Board Member & Advisor | |
| Rachel Mertensmeyer | Rivia Health | Co-Founder, Chief Executive Officer & Board Member |
Rivia Health Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Rivia Health Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AiSprouts VC | Venture Capital | Minority | ||
| Golden Seeds | Venture Capital | Minority | ||
| In Revenue Capital | Venture Capital | Minority | ||
| PHX Ventures | Venture Capital | Minority | ||
| Suman Talukdar | Angel (individual) | Minority |
Rivia Health FAQs
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When was Rivia Health founded?
Rivia Health was founded in 2017.
-
Who is the founder of Rivia Health?
Rachel Mertensmeyer, Elizabeth Furst, and Harlow Burgess are the founders of Rivia Health.
-
Who is the CEO of Rivia Health?
Rachel Mertensmeyer is the CEO of Rivia Health.
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Where is Rivia Health headquartered?
Rivia Health is headquartered in Phoenix, AZ.
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What is the size of Rivia Health?
Rivia Health has 36 total employees.
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What industry is Rivia Health in?
Rivia Health’s primary industry is Enterprise Systems (Healthcare).
-
Is Rivia Health a private or public company?
Rivia Health is a Private company.
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What is Rivia Health’s current revenue?
The current revenue for Rivia Health is .
-
How much funding has Rivia Health raised over time?
Rivia Health has raised $8.53M.
-
Who are Rivia Health’s investors?
AiSprouts VC, Golden Seeds, In Revenue Capital, PHX Ventures, and Suman Talukdar are 5 of 26 investors who have invested in Rivia Health.
-
Who are Rivia Health’s competitors?
HealthiPASS and Health Here are competitors of Rivia Health.
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