HOOTL™ Secures $6 Million in Series A Funding to Expand AI-Powered Healthcare Insurance and Field Service Management Solutions
HOOTL™, a technology company based in Charlottesville, Virginia, recently announced the successful completion of its Series A financing round, raising over $6 million. The funding was led by Family Offices, a publicly listed entity, and high net worth individuals (HNWI). The company plans to use the funds to expand its AI-powered healthcare insurance platform, focusing on streamlining verification, validation, and claims adjudication processes for providers. Additionally, HOOTL™ is launching field service management solutions tailored for the roofing industry to enhance operational efficiency and decision-making.
In line with its commitment to advanced capabilities, HOOTL™ is establishing an AI Center of Excellence and acquiring an NVIDIA DGX B300 system to develop in-house models and analytics across various domains. The company is also advancing edge-deployed AI capabilities for real-time processing and automated identification at the point of data collection. These solutions are already being utilized in live environments, reducing latency and supporting mission-critical use cases such as autonomous surveillance and asset tracking.
Denver Riggleman, CEO of RIIG Technology, Inc., expressed excitement about the Series A closing, emphasizing the company's focus on automation in industries where trust, compliance, and precision are essential. The funding will enable HOOTL™ to accelerate deployment, enhance its technology stack, and expand into new markets confidently. The company is also expanding its global presence through strategic joint venture partnerships with Dubai government-backed organizations and establishing a Canadian subsidiary to develop AI-driven platforms for border security, supply chain protection, and critical infrastructure.
With a diverse portfolio of solutions spanning healthcare, cybersecurity, and operational automation, HOOTL™ aims to position itself as a next-generation platform for organizations seeking to reduce friction, improve accuracy, and operate securely at scale. RIIG Technology, Inc., operating as HOOTL™, is dedicated to building secure, scalable automation infrastructure for regulated and high-complexity industries, enabling organizations to streamline workflows, enhance decision-making, and deploy AI solutions with a focus on trust, compliance, and explainability.