Rivet is a modern healthcare revenue cycle management software dedicated to implementing transparency throughout the healthcare revenue cycle.

Rivet provides an elegant, modern software platform to centralize and automate healthcare transactions.

Rivet was founded in 2018 by Ted Ferrin and Paul Draper. The company is headquartered in Salt Lake City, Utah.


Rivet's unique estimate system provides patients with a fast and accurate estimate of their healthcare costs before services are rendered, complete with automated insights into health insurance coverage and deductibles.


Rivet's reimbursement contract management tool allows providers to easily track and audit their payer contracts while also benchmarking what competitive rates should be from plan to plan.


Rivet has raised $8.25M in a Series A round on Mar 10, 2020. The investment was led by Menlo Ventures and return backers Lux Capital and Pelion Venture Partners.



  • Year founded: 2018
  • Funding Info: $8.25M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Salt Lake City
  • State: Utah
  • Country: United States
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