We’re proud to share two important company updates today: Sunbound has acquired Richter, a firm with 25+ years of revenue cycle, accounting, and advisory experience for post-acute and senior living… | Sunbound | 15 comments

Acquisitions

▤ Summary

Sunbound acquired Richter, a firm with deep experience in revenue cycle, accounting, and advisory services for post-acute and senior living operators. The combined company will offer software and expert support that covers the revenue cycle from admission through payment. Sunbound said Richter’s expertise will help it expand further into skilled nursing, which it views as a complex billing segment. The company also disclosed a $24 million Series A led by TTV Capital and several other investors to accelerate growth and product development.

◇ AskAI Classifications

Sectors
HealthTech Fintech, Banking and Payments Revenue Cycle Management (RCM)
Functions
Developer and IT Infrastructure Workflow Orchestration

▦ Linked Companies

Sunbound
$10M to $25M