Sunbound, a technology-enabled finance platform built specifically for the senior living industry, has raised $28 million in Series A funding to expand its revenue operating system, accelerate product development, and help senior care operators improve payment collection, claims management, and working capital operations. The round included participation from Fika Ventures, Bling Capital, Liquid 2 Ventures, Max Ventures, Cambrian Ventures, Ride Ventures, Mu Ventures, and Not Boring Capital, along with startup, financial, and real estate industry executives.

Founded in 2021, Sunbound is developing what it describes as a revenue operating system for senior living providers. The company’s platform is designed to help assisted living and skilled nursing facility operators manage payments, claims, revenue workflows, and financial operations through a unified technology platform. Sunbound aims to replace fragmented manual processes with automated systems that provide operators with greater visibility into revenue performance.

The newly secured funding will support Sunbound’s efforts to expand its technology platform, grow its customer base, and continue developing automation tools for the senior care market. The company has focused on solving financial and operational challenges faced by senior living organizations, including delayed payments, complex reimbursement processes, and administrative burdens associated with managing resident finances.

Sunbound’s platform combines financial technology with healthcare operations software. The company provides tools for private payments, claims management, financial visibility, and working capital support, allowing senior living operators to manage critical revenue functions through one system. The company’s goal is to help operators create more predictable cash flow while improving the payment experience for residents and their families.

The senior living industry has historically relied on complex administrative workflows involving multiple payment sources, insurance programs, and manual processes. Sunbound was created to address these challenges by providing technology infrastructure designed specifically for the financial operations of senior care providers.

Fika Ventures participated in the Series A round as one of the investors backing Sunbound’s expansion. The firm invests in early-stage technology companies and has supported startups across software, healthcare, fintech, and other emerging sectors.

Bling Capital also participated in the financing. The venture firm focuses on investing in early-stage technology companies, particularly those building software platforms and technology-enabled services.

Liquid 2 Ventures joined the round as an investor. The firm invests in technology startups and supports founders developing software and digital platforms across multiple industries.

Additional investors participating in Sunbound’s Series A included Max Ventures, Cambrian Ventures, Ride Ventures, Mu Ventures, and Not Boring Capital. Their participation reflects continued investor interest in companies applying technology to improve healthcare operations and financial infrastructure.

Sunbound has also attracted strategic support from organizations connected to the senior living and healthcare finance sectors. The company has partnered with Omega Healthcare Investors, a healthcare real estate investment trust focused on skilled nursing and healthcare facilities. The partnership reflects growing demand for technology solutions that improve financial performance and operational efficiency across senior care organizations.

The company has expanded its platform as senior living providers face increasing pressure to improve efficiency while maintaining quality care. Rising operating costs, workforce challenges, and complex reimbursement systems have increased the need for technology solutions that can simplify administrative work and provide better financial forecasting.

Sunbound’s technology focuses on several key areas, including admissions financial assessment, private payment management, and healthcare claims workflows. The platform is designed to help operators identify financial risks earlier, reduce revenue leakage, and improve the speed and accuracy of collections.

The company has reported significant growth in transaction volume and market adoption. Sunbound announced that it had surpassed $1 billion in annual payment volume and expanded its leadership team as it continued building its AI-first revenue operating system for senior living.

The funding comes at a time when healthcare organizations are increasingly adopting artificial intelligence and automation tools to improve administrative efficiency. While much attention has focused on clinical AI applications, companies like Sunbound are targeting the operational side of healthcare by using technology to improve financial workflows and reduce administrative complexity.

Sunbound’s approach combines elements of fintech, healthcare technology, and enterprise software. By focusing on a specialized industry with complex financial needs, the company aims to build infrastructure that addresses challenges not fully served by traditional financial or healthcare software providers.

With the $28 million Series A investment secured, Sunbound plans to continue expanding its revenue operating system, advancing AI-powered automation features, and supporting more senior living operators across the United States. The company’s long-term vision is to create a financial technology foundation that enables senior care organizations to operate more efficiently while allowing them to focus more resources on resident care.

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