Sunday, May 18, 2025
RIIG Expands Presence in Middle East With New Round of Funding>
(BUSINESS WIRE)--RIIG, a risk intelligence and cybersecurity solutions provider, is pleased to announce it has closed on a significant round of funding from investors in the United Arab Emirates (UAE). This new funding will help propel the company’s growth primarily within the healthcare industry.
This capital raised was secured during the leadership’s visit to Dubai in the UAE and is part of the company’s broader rebranding initiative—transitioning from RIIG, a provider of AI-powered risk intelligence and cybersecurity solutions, to HOOTL (Humans Out of the Loop), a platform focused on health tech and insurance automation. Building on its deep expertise in national security-grade AI systems, HOOTL is accelerating development of AI-driven tools to tackle the most complex challenges in healthcare insurance, while also expanding into other mission-critical domains.
“We are greatly appreciative of this new round of funding and look forward to expanding our partnerships in the UAE,” says Denver Riggleman, CEO at RIIG – HOOTL. “Investors recognize our product as a uniquely innovative solution in the health tech space, particularly fo...(BUSINESS WIRE)--RIIG, a risk intelligence and cybersecurity solutions provider, is pleased to announce it has closed on a significant round of funding from investors in the United Arab Emirates (UAE). This new funding will help propel the company’s growth primarily within the healthcare industry.
This capital raised was secured during the leadership’s visit to Dubai in the UAE and is part of the company’s broader rebranding initiative—transitioning from RIIG, a provider of AI-powered risk intelligence and cybersecurity solutions, to HOOTL (Humans Out of the Loop), a platform focused on health tech and insurance automation. Building on its deep expertise in national security-grade AI systems, HOOTL is accelerating development of AI-driven tools to tackle the most complex challenges in healthcare insurance, while also expanding into other mission-critical domains.
“We are greatly appreciative of this new round of funding and look forward to expanding our partnerships in the UAE,” says Denver Riggleman, CEO at RIIG – HOOTL. “Investors recognize our product as a uniquely innovative solution in the health tech space, particularly fo...{}
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