Cybersecurity and health tech platform RIIG – HOOTL secures UAE funding to scale AI-driven insurance solutions

RIIG – HOOTL, a cybersecurity and AI-driven health tech company, has closed a new funding round backed by investors in the United Arab Emirates.

The funding coincides with RIIG’s rebrand to HOOTL—short for Humans Out of the Loop—a move that reflects its strategic focus on automating insurance processes in health tech. HOOTL is building on its expertise in national security-grade AI systems to deliver solutions that streamline insurance verification and claims adjudication.

The investment will accelerate product development and support the launch of a UAE-based office, enabling the company to strengthen ties with local government, industry, and academia. The UAE’s innovation-friendly environment and digital transformation agenda make it a key growth market for HOOTL.

During the visit, HOOTL executives held discussions with leaders from one of the Emirates and a major regional tech group. These talks reinforced the firm’s alignment with the UAE’s ambitions in AI and healthcare modernisation.

RIIG – HOOTL CEO Denver Riggleman said, “We are greatly appreciative of this new round of funding and look forward to expanding our partnerships in the UAE. Investors recognise our product as a uniquely innovative solution in the health tech space, particularly for insurance verification and claims adjudication—and they’re eager to capitalise on these new technologies.”

For more, visit RegTech Analyst

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