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HomeFinTechRivet: Raises $20.5M in Series B Funding

Rivet: Raises $20.5M in Series B Funding

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Rivet Raises $20.5M in Series B Funding

  • Rivet, a Salt Lake City, UT-based provider of a healthcare billing platform, raised $20.5M in Series B funding
  • The round was led by Catalyst Investors with participation from Ankona Capital and existing investors Menlo Ventures, Pelion Venture Partners and Lux Capital
  • Tyler Newton, Partner with Catalyst Investors, will join company’s Board of Directors
  • The company intends to use the funds to accelerate growth and expand operations
  • The company provides a revenue cycle operating platform dedicated to improve the healthcare billing process, from payer to provider to patient
  • The company currently operates largely in outpatient facilities, but it aims to elevate the healthcare billing experience across all settings, regardless of size or specialty

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