Ordway has secured $20 million in new equity and debt capital to advance its artificial intelligence-based monetization and billing platform. Harbert Growth Partners led the round, while Innovation Banking Group from Western Alliance Bank provided the debt financing.
The funds raised by Ordway will be directed towards supporting artificial intelligence initiatives, improving reporting, and overall global business development. The company, based in Washington, D.C., develops billing and revenue management software for subscription-based technology enterprises worldwide.
The Ordway platform automates workflows from request to payment collection, simplifying subscription management, invoicing, payments, revenue recognition, and financial reporting within a single system. This allows finance teams to manage all revenue operations through a centralized platform, increasing efficiency and operational accuracy.
The investment reflects growing investor confidence in AI-driven financial operations software as companies adopt increasingly flexible pricing models. Businesses offering subscription, usage-based, and hybrid services require platforms capable of managing complex billing while maintaining financial accuracy and compliance.
Ordway plans to double its research and development funding and expand its AI roadmap for financial professionals by introducing new automation solutions. These include an invoice payment reconciliation feature that matches payments from any number of bank accounts against issued invoices.
The platform also features AI-powered contract data extraction, enabling businesses to automatically capture billing and revenue recognition information from subscription agreements. Furthermore, the company has implemented MCP integration for Claude, expanding AI assistance capabilities across its entire platform.
Future development will focus on creating AI agents that automate routine financial tasks. These tasks include updating billing records, accounting workflows, investor metrics, and contract changes such as subscription renewals or suspensions.
Alongside AI investments, Ordway is expanding its payment processing services by launching Ordway Payments. This new offering aims to simplify payment collection, invoice matching, and revenue reconciliation.
According to the company, enterprises are increasingly demanding integrated financial systems as pricing models become more complex. Corporate clients often operate across multiple legal entities, accounting systems, and reporting jurisdictions, increasing the demand for automated financial infrastructure.
CEO Sameer Gulati noted that finance teams continue to face operational challenges after closing new client agreements. Ordway emphasized that automating data from point-of-sale systems into financial platforms remains a key industry trend driving adoption.
The company believes that customers are increasingly preferring unified revenue management over using multiple disparate software solutions for finance. Ordway's growth, it stated, reflects the need for one platform to effectively manage all revenue-related processes.
Ordway plans to enhance reporting with AI-powered forecasting tools covering customer churn, cash flow, and revenue growth. These tools help finance teams make faster decisions while reducing the need for manual analysis and reporting.
The platform targets enterprises in the AI, Software as a Service, cloud technology, and subscription sectors that effectively manage recurring revenue globally. It also supports organizations using usage-based pricing models alongside traditional subscription billing structures.
Representatives from Harbert Growth Partners noted that AI complicates pricing, billing, and monetization strategies for tech companies. The investor believes that Ordway is well-positioned to assist finance teams in adapting through automation and intelligent financial infrastructure.
Ordway consolidates payment processing, self-service onboarding, subscriber management, investor management, and usage-based billing into one platform. With fresh funding and maintained profitability, Ordway aims to strengthen its position as enterprises seek more efficient ways to manage increasingly complex revenue operations.
HealthSnap has secured $25 million in funding, which will be used to strengthen its financial position and develop its artificial intelligence-based virtual care platform. These funds will be utilized for investments in the AI platform, as well as for developing commercial initiatives and customer support programs nationwide.
The acquired investments will go towards product development, stimulating commercial growth, and expanding offerings in advanced primary healthcare. HealthSnap plans broader implementation of its solutions within leading U.S. healthcare systems, thereby enhancing the use of virtual care across the country.
Eastward Capital Partners led the funding round. In addition to refinancing existing debt obligations, this deal provided additional capital to advance AI capabilities and increase the corporate adoption of the company's medical platform.
HealthSnap recently launched an AI-enhanced solution for managing advanced primary care. It integrates agentic AI with clinical workflows, helping medical teams manage large patient groups more efficiently.
The company's platform integrates numerous functions into a single system compatible with electronic health records. These functions include remote patient monitoring, chronic disease management, primary care management, advanced primary care management, corporate analytics, reimbursement optimization, and care coordination.
Chief Executive Officer and co-founder Samson Magid stated that this funding validates HealthSnap's long-term vision: to make continuous and intelligent healthcare the standard in modern medical institutions. He also emphasized that artificial intelligence is intended to augment the work of clinical teams, not replace healthcare professionals.
HealthSnap is demonstrating rapid growth amid the increasing adoption of AI-driven care management among healthcare providers. The platform processes two dimensions of patient data every second while simultaneously reducing the frequency of clinical alerts by 97% for patients after their first year of participation.
Currently, the company serves over 80,000 active patient programs across 200 medical systems and physician organizations. By the end of 2026, HealthSnap expects to support over 100,000 active care programs globally.
Among HealthSnap's business partners are Prisma Health, AdventHealth, Ascension Health, and Sentara Health, located in various parts of the U.S. Partners also include Tampa General Hospital, UnityPoint Health, Baptist Health South Florida, and Mount Sinai Medical Center.
Most aspects of care delivery by HealthSnap can now be supported by artificial intelligence. By 2025, the company's AI platform analyzed over three million clinical progress records, significantly exceeding the capacity of manual audits and contributing to improved service quality.
AI-simulated patient interactions allow newly hired nurses to practice patient engagement. The company notes that this contributes to achieving a Net Promoter Score of 72 while improving employee and patient engagement.
The platform also generates clinical summaries, which help systematize disparate patient information for faster and more informed clinical decision-making. AI agents also assist with patient registration, device support, and protocol compliance queries.
Over the past three years, HealthSnap has increased its revenue by more than fivefold and demonstrates stable annual business growth. The company received the 'MedTech Breakthrough' recognition for 2025 for both clinical workflow and operational competence.
Thanks to successful organic business development, HealthSnap has solidified its position as a fast-growing player in the healthcare market and was included in the list of one of the fastest-growing American companies in the Inc. 5000 ranking for 2025.
The investment funds will also serve as an incentive for further expansion of teams of AI specialists, engineers, and product developers, as well as for expanding the company's operations in existing and new medical facilities worldwide.
The implementation of enterprise software has encountered a significant hurdle. Companies are acquiring advanced artificial intelligence tools, but integrating these tools into legacy systems remains a slow, costly, and complex task. To solve this problem, the company June AI has raised $20 million in seed funding.
Deploying enterprise software is a labor-intensive and complicated process. Globally, organizations invest hundreds of billions of dollars annually in configuring, integrating, and supporting their core systems. Businesses aim to integrate models like GPT, but the presence of years of technical debt complicates the operation of such systems. There are very few seamless connections between older platforms, such as SAP, Oracle, Workday, and Salesforce, and modern cloud data infrastructure.
June AI directly addresses this implementation gap. Instead of forcing companies to hire expensive external consulting teams, the startup uses AI agents to optimize the integration process. The platform functions as an automated digital bridge, analyzing enterprise workflows and automating repetitive configuration tasks, which significantly reduces the time required for enterprise software setup.
The process at June AI begins with deep system analysis and process mining. The platform studies existing database logs to determine how business workflows are actually executed within an organization. After mapping these hidden patterns, the system identifies operational bottlenecks and automates structural changes in the software. This technology works natively in core data environments such as Databricks and Snowflake.
By mapping inter-system relationships, June AI ensures that updates in one department do not disrupt subsequent processes. The platform allows engineers working directly in the system and system integration teams to deploy enterprise AI agents with less friction and lower overall costs. The global systems integration market is expected to reach over a trillion dollars in the coming decade. As companies increase their investments in AI, automated integration will become an integral part of corporate infrastructure. Advanced foundational AI models are of little value if enterprises cannot connect them to their real-time operational data.
The founding team brought deep experience in enterprise software to solve this problem. June AI is the brainchild of CEO Ephrat Rapoport, CTO Idan Zittat, President Barak Goldstein, and Chief Architect Ohad Hen. The founders previously developed the conversational intelligence platform Bonobo AI, which Salesforce acquired in 2019. Over the past five years, they led key product and engineering teams within Salesforce, gaining firsthand experience with challenges in the enterprise sector.
They noticed that purchasing AI software is relatively simple, but implementing it into disparate user workflows is extremely difficult. June AI was created to replace manual professional services with automated software workflows, providing faster value realization for modern enterprise solution buyers. With the $20 million in new capital raised and support from leading industry figures, June AI is well-positioned to innovate in automated deployment. By eliminating technical debt and accelerating integrations, the company helps businesses move from simple AI demonstrations to fully functional automated operations.
