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Rivia Health

Phoenix, US · Delaware corporation · 7 known investors

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Rivia Health develops AI-powered patient payment automation software for specialty healthcare practices. The platform streamlines revenue cycle workflows and patient engagement to help providers capture more revenue while improving the patient billing experience.

AI & Machine LearningEnterprise SoftwareHealthtech

Founders & leadership

RMRachel Mertensmeyer
Rachel MertensmeyerCEO & FounderRachel Mertensmeyer is an executive at Rivia Health. She previously held roles in brand management and marketing strategy at consumer goods and lifestyle companies including Dove, Avon, Ford, and Tory Burch.
BS
Brenda SchmidtNamed on SEC filing

Board

GSGregg Scoresby
Gregg ScoresbyBoard MemberFounder and Managing Partner at PHX Ventures

Investors · 7

Edge Case Capital Partnerslisted by Edge Case Capital Partners$25K – $100K
Motley Fool Ventureslisted by Motley Fool VenturesAlexandria · $1M – $2M

How we know: the VCSheet dataset · Not right? Tell us

PHX Ventureslisted by PHX VenturesTempe · $1M – $5Mvia Gregg Scoresby · board

How we know: PHX Ventures's portfolio page · board seat on SEC Form D · funding news · riviahealth.com · Not right? Tell us

Xcellerant Ventureslisted by Xcellerant VenturesScottsdale
AiSprouts VCreportedSan Francisco · $500K

How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Golden SeedsreportedFlushing · $250K – $2M

How we know: the VCSheet dataset · Not right? Tell us

Funding

SEC filings, press & company announcements

$9.9M disclosed across 1 of 2 rounds · 2024–2025

▶$9.9MraisedFeb 2024 · 68 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Brenda SchmidtDirector
  • Rachel MertensmeyerExecutive Officer, Director
  • Gregg ScoresbyDirector
Offering amount
$9.9M
Amount sold
$9.9M
First sale
Feb 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

4 people who came through Rivia Health went on to found or lead other companies.

Gregg ScoresbyDirectorFounded CampuslogicCaden MoskowitzInvestorFounded Dialed RecordsLauren Fitzpatrick ShanksAccount ManagerFounded KeepWOLRuminder DhillonInvestorFounded Better Agency

Related companies · 7

ExperianExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Rivet HealthRivet Health builds software to streamline billing and operations tasks in healthcare settings. The company serves healthcare billing teams and operations staff working at healthcare organizations.
PatientpayPatientPay offers a digital-first healthcare payment platform that helps providers, practices, and facilities collect patient payments through options like card-on-file, Apple Pay, and self-service payment plans. It focuses on simplifying billing and the patient payment experience in the healthcare industry.
PriviahealthPrivia Health operates a network of physician practices organized for value-based care delivery, supporting independent practices and physicians across multiple specialties while maintaining clinical autonomy. The company works to improve patient outcomes and practice economics through its capital-efficient model.
Athenahealth IncCloud-based healthcare platform for clinical workflows
Doxodoxo operates an online bill pay network that lets U.S. consumers manage and pay all their household bills and due dates in one place across more than 120,000 billers and 45 service categories. It also offers doxoDIRECT for billers to receive payments and doxoINSIGHTS, which analyzes aggregated household bill pay data.
DataboxDatabox provides a business intelligence platform that centralizes company data and enables users to build customized views and dashboards. The product serves business teams of various technical skill levels who need visibility into key metrics across their organization.

Companies working in the same space as Rivia Health.

In the news

Rivia Health Raises $3.25 Million in Series Seed Funding with PHX Ventures - Rivia Healthriviahealth.com · May 2025

Frequently asked questions

What does Rivia Health do?
Rivia Health develops AI-powered patient payment automation software for specialty healthcare practices. The platform streamlines revenue cycle workflows and patient engagement to help providers capture more revenue while improving the patient billing experience.
Who founded Rivia Health?
Rivia Health was founded by Rachel Mertensmeyer.
Who are Rivia Health's investors?
Rivia Health's investors include Dipalo Ventures, Edge Case Capital Partners, Motley Fool Ventures, PHX Ventures, Xcellerant Ventures, AiSprouts VC, Golden Seeds.
How much funding has Rivia Health raised?
Rivia Health has disclosed $9.9M raised across 1 of its 2 known rounds.
Where is Rivia Health headquartered?
Rivia Health is headquartered in Phoenix, US.