General Application at Thrivory (Thrivory, Inc.)

Thrivory· Thrivory, Inc.·5d ago

Role details

Work type

Remote

Employment

Full-Time

Job description

Interested in what we’re building at Thrivory and think you might have the skills to help us grow? We’re always on the lookout for curious, driven, and mission-aligned people - even if we don’t have a specific opening posted right now. If you believe your experience and perspective could add value to our team, we want to hear from you!

Send us your resume and a short note about who you are, what excites you about Thrivory, and how you think you can make an impact. We’ll review all submissions and reach out if there’s a potential fit, either now or in the future.

Let’s stay in touch!

Why work at Thrivory

Culture Highlights: A small, high-impact team (11 total employees) working at the intersection of healthcare and fintech. The company was founded to solve a critical, real-world problem for healthcare providers. The culture is described as fast-moving and data-driven.
Work Model: Hybrid (Employees engage in a combination of remote and on-site work). Offices are located in Oradell, New Jersey.
Notable Perks/Engineering Culture: The company is building an AI-first financial engine, offering the opportunity to work on complex challenges in real-time data processing, predictive modeling, and financial operations. The team is lean, so employees have significant ownership and impact. The company is SOC 2 Type II in progress and HIPAA compliant.

About Thrivory

Company Overview

One-liner: Thrivory provides a healthcare fintech platform that advances same-day, non-recourse capital to healthcare providers based on real-time AI prediction of insurance claim reimbursement.
Entity Type: Private (Seed Stage - $3.5M equity, $25M credit facility)
Headquarters: Oradell, New Jersey, United States
Founded: 2023
Founders: Devon Seitz (Founder & CEO)

Core Business

Primary Industry: Healthcare Financial Technology (Fintech) / Healthcare AI
Target Customers: Multi-specialty medical practices, infusion centers, behavioral health groups, specialty providers, and hospitals in the United States (B2B).
Mission/Purpose: To close the cash flow gap between when a provider submits a claim and when the insurance company pays, enabling practices to operate without financial strain.

Products & Services

[Thrivory Platform]: A financial transaction layer that integrates with existing EHRs and clearinghouses. When a provider submits a claim, the platform's AI engine (ThriveNow) evaluates it in real-time, predicts its reimbursement value and timing with 96%+ accuracy, and offers to advance typically 80% of the expected value to the provider's account the same day. The transaction is structured as a true sale (not a loan), and the provider is repaid when the payer sends the reimbursement.
[ThriveNow API]: An API that embeds Thrivory's AI engine into partner platforms (EHRs, PMS, RCM, clearinghouses) to enable real-time claim adjudication and funding for those platforms' users.

Market Standing

Valuation/Market Cap: Not publicly available (Private company).
Key Metric: Total Funding: $3.5M in equity (Seed Round, led by Redesign Health) plus a $25M credit facility (announced Nov 2025). Key performance metrics include a 0.1% loss rate and a $4.52 average dollar value error on predictions. As of mid-2026, the company has advanced $2.84M in total to providers.
Notable Investors/Partners: Redesign Health (Lead investor in Seed round).
Growth Signals: Revenue has grown 3x in six months (as of corporate statement in June 2026). Headcount grew 42.9% year-over-year (7 employees as of mid-2026, up from ~5). The company has received press in Financial IT and FinSMEs.

Competitive Advantages

Non-Recourse Model: For routine denials and underpayments, Thrivory absorbs the loss (non-recourse for qualifying providers). Providers are only liable for issues originating on their side (fraud, improper billing).
High Prediction Accuracy: 96%+ prediction accuracy on claim value and timing, trained on 40B+ claims. This allows for high confidence in funding without changing provider billing workflows.
No Debt, No Interest: The transaction is structured as a true sale, so it does not appear as debt on a provider's balance sheet or affect leverage ratios.
Embedded, API-First: Works through existing clearinghouses and EHRs (ThriveNow API), making adoption low-friction.

Strategic Focus

Current Priorities: Scaling the platform to serve more providers and larger health systems. Continuing to refine the AI engine (ThriveNow) to improve prediction accuracy and expand payer coverage.
Direction for Growth: Moving beyond funding to become the "financial transaction layer behind every claim," using the rich data to provide reimbursement analytics (leakage detection, underpayment identification) even for claims that aren't advanced.

Sources

Job description

Why work at Thrivory

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