Reveleer scores $65M to scale AI-enabled data and analytics platform

Healthcare data and analytics firm Reveleer has successfully secured over $65 million in a funding round led by Hercules Capital.

Reveleer specialises in a payer-focused, AI-enabled workflow, data, and analytics platform, offering solutions related to risk adjustment, quality improvement, and member management to advance value-based care. The company also provides services for medical record retrieval and review.

The funds raised will be utilised by the Glendale-based company to expand and enhance its offerings for both payers and providers.

Jay Ackerman, CEO and president at Reveleer, expressed, "This funding will have a tremendous impact as it positions us to strategically pursue inorganic growth opportunities in value-based-care technology, accelerating innovation and enhancing patient care through healthcare AI technology. With this infusion of capital, we can swiftly seize market opportunities and further our mission. We are excited to have Hercules Capital, Inc. as a new financial partner."

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