Ritten has secured $35m in a Series B funding round for accelerating growth across the behavioural health sector.
The funding will also support the company’s expansion across addiction and mental health treatment providers covering all care levels.
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This round was led by Five Elms Capital and involved existing investors 8VC, Threshold Ventures, Bienville Capital, and others.
The investment further aims to advance Ritten’s AI capabilities for practitioners, as well as revenue cycle management.
Ritten CEO Noah Whitehead said: “Behavioural health providers do extraordinary work in some of the most demanding care environments, and our team has always been dedicated to giving them the next generation of tools that reduce friction and improve care.
“This partnership with Five Elms will allow us to advance our AI-first roadmap, continue supporting clinicians and staff, and scale solutions that meet the nuanced requirements of behavioural health.”
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By GlobalDataRitten plans to integrate additional AI-powered workflows throughout its platform while expanding its customer support capabilities.
The company also aims to grow enterprise offerings to address the evolving needs of treatment organisations, regardless of size.
It will focus on supporting both outpatient and residential care providers.
Since its inception in 2020, Ritten has focused on enabling behavioural health practitioners to deliver quality care. The platform unifies electronic medical records, revenue cycle management and customer relationship management into a single AI-based system.
This integration helps streamline the clinician and patient journey from referrals and admissions to scheduling, charting, compliance and billing.
According to Ritten, its technology reduces administrative burden and burnout for staff while driving operational efficiencies and supporting growth for customer facilities.
The company serves treatment centres throughout the US.
