Founded in 2023 by CEO Devon Seitz, Thrivory offers the ThriveNow API, which embeds same-day claim payments directly into electronic health record and practice management systems. The platform predicts reimbursement outcomes, flags denials before they occur and automatically reconciles against remittances and fund movements, enabling providers to get paid immediately without taking on debt or providing personal guarantees. Thrivory positions itself at the intersection of healthcare, fintech and AI, focusing on eliminating reimbursement delays for medical providers. The company is already live with multiple customers spanning various states and specialties. Fresh capital will be used to scale the API, enhance risk models and analytics, and expand underwriting and treasury operations to increase non-recourse capacity. Its blended financing structure combines venture equity and a sizable credit line, giving the startup both growth capital and transactional liquidity. By embedding claim-settlement capabilities inside existing provider workflows, Thrivory aims to become the default infrastructure layer for real-time healthcare payments.

Total raised

$29M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Nov 2025