RIIG – HOOTL Secures Funding Round

RIIG – HOOTL Secures Funding Round

RIIG – HOOTL, a Charlottesville, Virginia-based AI-driven health tech company, has secured a funding round.

Backed by investors from the United Arab Emirates.

The company will use the funds to expand growth within the healthcare sector, develop AI-driven tools for insurance automation, and establish a new office in the UAE.

RIIG – HOOTL, formerly known as RIIG, is a provider of AI-powered risk intelligence and cybersecurity solutions, now transitioning into a health tech platform focused on automating insurance verification and claims adjudication. The company is developing AI tools to streamline healthcare operations and deepen its presence in the UAE through new partnerships across public, private, and academic sectors.

Funding Details

Company: RIIG – HOOTL

Raised: Undisclosed

Round: Unknown

Funding Date: May 2025

Investors: Undisclosed

Software Category: Health Tech, AI Insurance Automation