Fintech: Southeast News

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122520

Posted December 25, 2020

An Atlanta financial technology startup focused on health-care payments raised $16.2 million, according to a Dec. 15 filing with the U.S. Securities and Exchange Commission.

Rialtic, founded this year by CEO Doug Williams, is an open marketplace platform that helps health-care providers and payers have accurate payment transactions. Williams declined to comment on the raise.

Williams has more than two decades of experience in health technology, according to his LinkedIn profile. He founded iHealth Technologies in 2001, which merged with Connolly in 2014 to create Cotiviti, which sold to Veritas and went public in 2018.

Williams also serves on the board of Quartet Health, which is a New York-based company that connects people to mental health resources.

Connecticut-based venture capital firm Oak HC/FT, which focuses on health-care and fintech investing, lists Rialtic in its portfolio. It also invests in Quartet Health.

Ken Goulet, investor and previous health-care executive, and Rob Bearden, CEO of data software company Cloudera, are also listed.

The company has 20 investors, according to the SEC filing, and aims to raise $40,000 more in this round.

Rialtic has seven open job listings — either remote or Atlanta-based — across communications, marketing and technology.

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