Sunbound Acquires Richter and Raises $24 Million

Oct 15, 2026
Sunbound acquired Richter Healthcare Consultants and closed a $24 million Series A round led by TTV Capital. The deal adds revenue cycle, accounting and consulting services for senior care operators to Sunbound's software platform.

Sunbound acquired Richter Healthcare Consultants and closed a $24 million Series A round, the company announced in a press release. Financial terms of the acquisition were not disclosed.

TTV Capital led the funding round, with participation from Bling Capital, Fika Ventures, Live Oak Bank and Ziegler Linkage Fund. The round brings Sunbound's total funding to $36 million and will support product development and business growth.

Richter provides revenue cycle management, accounting, Medicaid eligibility, reimbursement and consulting services to skilled nursing, senior living, home health and hospice operators. Founder and CEO Jennifer Richter will remain with the combined company in a role focused on industry partnerships and product strategy. Sunbound said the two businesses are on track to process $3 billion in annual payment volume.

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