Overview

Rialtic improves the efficiency and accuracy of healthcare payments by providing a cloud-based Software as a Service (SaaS) platform. This platform integrates various aspects of the payment process, allowing healthcare providers, insurance companies, and other stakeholders to manage connections between policies, claims, and providers easily. Rialtic's user-friendly interface helps clients enhance payment accuracy and streamline their operations. A key feature of the platform is its ability to facilitate provider collaboration through self-service configurations and reporting tools, which make managing provider relations more efficient. Rialtic operates on a subscription model, ensuring clients have continuous access to updates and features while helping them save on administrative costs. The company's goal is to empower the healthcare system with technology that reduces administrative burdens and increases clarity for both payers and providers.

Simplify's Take

What believers are saying

• Rialtic raised $38 million in Series B funding to advance its offerings.
• The platform supports value-based care models by ensuring payment accuracy.
• Growing demand for cloud-based solutions boosts Rialtic's market potential.

What critics are saying

• Emerging competitors like Olive and Cedar threaten Rialtic's market share.
• Regulatory changes require constant updates, straining Rialtic's resources.
• Economic downturns may impact Rialtic's subscription-based revenue model.

What makes Rialtic unique

• Rialtic offers a cloud-based SaaS platform for healthcare payment accuracy.
• The platform enhances provider collaboration with self-service configurations and reporting tools.
• Rialtic's platform integrates policies, claims, and providers into a single interface.

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Funding

Total Funding

$82.2M

Above

Industry Average

Funded Over

3 Rounds

$38,000,000

Series B

Jan 2024

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Meet Average

Industry standards

Ind Avg. $35M

$4M

$30M

$38M

$45M

$65M

$100M

View all funding stages