Epic River

Loveland, United States Founded: 2005 • Age: 21 yrs Acquired By Kinective
Revenue management and billing solutions are provided to healthcare providers.
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About Epic River

Epic River is a company based in Loveland (United States) founded in 2005 by Jeff Grobaski was acquired by Kinective in May 2025.. Epic River has raised $1.75 million across 2 funding rounds from investors including Kinective and Innosphere Ventures. Epic River offers products and services including Lending as a Service Platform, Patient Lending, Point-of-Sale Lending, and Green Lending. Epic River operates in a competitive market with competitors including PayZen, Cherry, RevSpring, Quantile Health and ClarisHealth, among others.

  • Headquarter Loveland, United States
  • Founders Jeff Grobaski
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.75 M (USD)

    in 2 rounds

  • Latest Funding Round
    $250 K (USD), Grant

    May 22, 2020

  • Investors
    Kinective

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Kinective

    (May 06, 2025)

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Products & Services of Epic River

Epic River offers a comprehensive portfolio of products and services, including Lending as a Service Platform, Patient Lending, Point-of-Sale Lending, and Green Lending. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for online loan applications and processing for banks.

Service for affordable medical bill loans through partnerships.

Enables payment plans for community business transactions.

Provides loans for environmentally focused projects.

People of Epic River
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Andy Lordi
Chief Marketing Officer
People
Jeff Grobaski
CEO
People
Jessica Toney
Director of Product
People
Melanie Kim
Senior Account Manager, Client Success

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Funding Insights of Epic River

Epic River has successfully raised a total of $1.75M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $250 thousand completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $250,000
  • First Round

    (29 Jul 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2020 Amount Grant - Epic River Valuation

investors

Jul, 2019 Amount Seed - Epic River Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Epic River

Epic River has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Kinective and Innosphere Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage investments are made in innovative companies by Innosphere Ventures.
Founded Year Domain Location
Software solutions for banking are provided by Kinective.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Epic River

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Epic River

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Epic River Comparisons

Employees
+
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Competitors of Epic River

Epic River operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PayZen, Cherry, RevSpring, Quantile Health and ClarisHealth, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI medical billing software for healthcare professionals and organizations
domain founded_year HQ Location
Sales payment solutions are provided for businesses and customers.
domain founded_year HQ Location
Revenue cycle management platform for healthcare centers is offered.
domain founded_year HQ Location
Payment solutions are provided to improve patient access to medicines.
domain founded_year HQ Location
Provider of AI-enabled payment integrity platform
domain founded_year HQ Location
Patient healthcare payment solutions are processed for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Epic River

Frequently Asked Questions about Epic River

When was Epic River founded?

Epic River was founded in 2005 and raised its 1st funding round 14 years after it was founded.

Where is Epic River located?

Epic River is headquartered in Loveland, United States. It is registered at Loveland, Colorado, United States.

Who is the current CEO of Epic River?

Jeff Grobaski is the current CEO of Epic River. They have also founded this company.

Is Epic River a funded company?

Epic River is a funded company, having raised a total of $1.75M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.75M, raised on Jul 29, 2019.

What does Epic River do?

Epic River was founded in 2005 and is based in Loveland, United States. Revenue management solutions are delivered to healthcare providers within the medical sector. Billing tools are supplied to support low-interest loans from doctors to patients. Monthly payment collection from patients is enabled through these services. Operations center on streamlining financial processes for healthcare practices across the region.

Who are the top competitors of Epic River?

Epic River's top competitors include PayZen, Cherry and RevSpring.

What products or services does Epic River offer?

Epic River offers Lending as a Service Platform, Patient Lending, Point-of-Sale Lending, and Green Lending.

Who are Epic River's investors?

Epic River has 2 investors. Key investors include Kinective, and Innosphere Ventures.

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