The round was led by a combination of Family Offices, a publicly listed entity, and high net worth individuals (HNWI).

RIIG Technology, operating as HOOTL™ (Humans Out of the Loop™), is a Charlottesville, Virginia-based AI-first technology company focused on building secure, scalable automation infrastructure for regulated and high-complexity industries. The company's platform enables organizations to streamline workflows, enhance decision-making, and deploy AI solutions with a focus on trust, compliance, and explainability. Initial applications include healthcare insurance processing, cybersecurity, and field service operations, with expansion into global infrastructure and public sector use cases.