Core Insights - Thrivory has raised $3.5 million in equity and up to $25 million in credit funding to enhance its healthcare AI platform, which facilitates instant, non-recourse claims settlement for providers [1][6] - The company introduced the ThriveNow API, allowing same-day claim payments integrated into electronic health record (EHR) and practice management systems (PMS), enabling providers to receive payments without debt or workflow disruption [1][4] Company Overview - Founded in 2023, Thrivory aims to address the significant issue of slow and unpredictable reimbursement in healthcare, which often leads to cash-flow bottlenecks for providers [2][3] - The platform utilizes healthcare-specific AI underwriting to predict claim outcomes with 96% accuracy and advance up to 80% of expected value within hours, absorbing losses from denied claims [3][5] Product Features - The ThriveNow API integrates a claims-native financial layer into EHRs and revenue cycle workflows, allowing for automated reconciliation and instant liquidity for providers [4][8] - Providers using Thrivory's platform have reported growth acceleration of up to 200% after implementing instant payments into their revenue cycle workflows, with a net promoter score of 100 [5][6] Market Context - The U.S. healthcare system processes billions of claims annually, with significant amounts tied up in accounts receivable, particularly affecting high-cost specialties [6] - Rising denial rates, currently around 20%, have increased administrative burdens and unpredictability in cash flows for providers, highlighting the need for solutions like Thrivory's [6] Future Plans - With the new funding, Thrivory plans to scale the ThriveNow API, enhance risk models and analytics, and expand underwriting and treasury operations to increase non-recourse capacity [7]