Philadelphia-based behavioral health practice management platform Ritten has raised $35 million in venture capital funding to expand its business, writes John George for the Philadelphia Business Journal.
The funding was led by Kansas City, Missouri-based venture capital firm Five Elms Capital. Meanwhile, existing investors 8VC, Bienville Capital, and Threshold Ventures also participated in the round.
Prior to the new $35 million in Series B financing, Ritten had raised $17.5 million through private sales, in addition to $11.5 million in 2024 and $6 million in 2022, respectively. This is according to Securities and Exchange Commission filings.
Ritten CEO Noah Whiteside said the company plans to use the latest round of funding to expand its platform to support providers across all levels of behavioral health care.
The company developed an AI-enabled platform that combines electronic medical records, revenue cycle management software, and customer relationship management software all into one system. That system is used for scheduling, charting, admissions, referrals, billing, and compliance for both outpatient and residential settings.
“We think that AI has a big role to play in all of these in terms of just reducing a lot of the friction that’s there,” said Whitehead. “A lot of that involves improving charting efficiencies.”
Read more about Ritten’s new funding and how it will be used to expand the company in the Philadelphia Business Journal.
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Editor’s Note: This post was originally published on PHILADELPHIA.Today in December 2025.
