Sunbound Acquires Richter, Raises $24M

Sunbound, a Washington D.C.-based healthcare financial technology company, raised $24 million in Series A funding led by TTV Capital and acquired Cleveland-based Richter Healthcare Consultants. The deal combines Sunbound's AI-powered software with Richter's 25 years of experience, creating a platform expected to process approximately $3 billion in annualized payment volume for senior care providers.