Thrivory Secures $3.5 Million in Equity and Accesses $25 Million in Credit to Transform Healthcare Payments
NEW YORK, Nov. 18, 2025 — Thrivory, a pioneering healthcare AI company, has announced a successful funding round securing $3.5 million in equity and gaining access to an additional $25 million credit facility. This funding was led by Redesign Health, with Trinity Capital providing support through an accordion credit facility designed to accommodate Thrivory’s growth projections.
The highlight of this funding announcement is the introduction of Thrivory’s ThriveNow API, allowing healthcare providers to settle claims instantly within electronic health record (EHR) and practice management systems (PMS). By embedding these capabilities, Thrivory enables a "Get Paid Today" model that eliminates the burden of debt and personal guarantees, streamlining workflows for providers.
"Providers deserve prompt payment for the services they deliver," stated Devon Seitz, Founder and CEO of Thrivory. "Our goal is to facilitate business operations for every healthcare provider, enhancing their financial stability amidst an outdated reimbursement model."
Established in 2023, Thrivory addresses one of healthcare’s critical financial issues: slow and uncertain reimbursement cycles. Providers often endure long waits for payment from insurers, aggravating cash flow challenges that restrict growth and contribute to provider burnout. By leveraging advanced AI for healthcare-specific underwriting, Thrivory can predict claim outcomes with 96% accuracy, anticipating denials and offering immediate advances on claims, thereby safeguarding providers from financial losses.
Key Features of Thrivory’s Offering:
- Instant, non-recourse claim settlements.
- Predictive AI technology with high accuracy for claim outcomes.
- Up to 80% advance on expected claim value paid out within hours.
- Integration with EHRs for same-day payment capability.
The ThriveNow API creates a streamlined financial layer for EHRs and revenue cycle processes, delivering benefits such as immediate liquidity, which is critical for funding various operational needs like payroll and medications. It enhances partnerships, providing EHR and PMS platforms with increased client retention and data insights.
"Thrivory’s innovative approach is reshaping provider financial dynamics by ensuring reliable and risk-free payments," remarked Neil Patel, Head of Ventures at Redesign Health. "Their impressive market traction and predictive capabilities indicate a future where same-day claim settlements become standard."
To date, Thrivory has partnered with multiple healthcare organizations across various specialties, reporting zero losses and significant growth in payment efficiency. Providers that have integrated the service into their workflows have witnessed growth rates of up to 200%.
With this fresh influx of funding, Thrivory plans to further develop the ThriveNow API, enhance risk analytics, and expand its underwriting and treasury operations to meet growing demand.
About Thrivory
Thrivory operates at the intersection of healthcare and finance, transforming the claims process into instant, non-recourse payments via its API. The platform’s capabilities enable providers to optimize their cash flow as they eliminate delays in reimbursement. Backed by Redesign Health and Trinity Capital, Thrivory is committed to establishing instant claim settlement as the norm within healthcare payments, empowering providers to operate without the constraints of accounts receivable risk.
For more details, please visit thrivory.com.
