The acquisition brings Spike's AI voice technology into Raintree's platform, advancing autonomous revenue cycle management.

FIRSTPICK led the investment, with participation from Outlast Fund.

The round was co-led by Coinvest Capital and Iron Wolf Capital.

The seed round was co-led by XTX Ventures and Practica Capital, with participation from Inovia Capital and angel investor Etan Ilfeld.

The investment was backed by FIRSTPICK and Lost Astronaut.

The $2 million pre-seed round was led by Celero Ventures, with participation from Czech PurposeTech, EWOR, Cambridge Enterprise Ventures, and Vento.

The round was led by EQT, which also increased its stake. New investors included Schroders Capital and Teachers’ Venture Growth.

The €2 million pre-seed round was led by Practica Capital, with support from Lost Astronaut.