Funding Tracker/SpendRule
Seed · Hospital Operations · United States
SpendRule raises $4M
Announced October 29, 2026
The round
SpendRule announced a Seed round of $4M on October 29, 2026, led by Radical Investments. Other participants include Zeal Capital Partners.
The SignalContract verification checks supplier invoices against negotiated terms. Total funding reached $6 million. The reported $2.91 billion is spend under verification, not money recovered. The company page is dated October 29; its body carries an October 22 dateline.
What SpendRule does
AI contract verification comparing hospital supplier invoices with negotiated terms.
SpendRule reads contract terms, checks invoices, flags discrepancies with supporting clauses and calculations, and drafts credit requests. Founded in 2025 and based in Dallas, it is led by co-founders and co-CEOs Chris Heckler and Joseph Akintolayo. Its October 29, 2026 funding release reports a $4 million seed round led by Mark Cuban's Radical Investments, with Zeal Capital Partners participating, bringing total funding to $6 million. The company reports $2.91 billion in annual purchased services spend across 2,187 business relationships under verification, not money recovered. Named health system customers include OSF HealthCare, Kettering Health, MemorialCare and MUSC Health.
Full SpendRule profile- Company
- SpendRule
- Amount
- $4M
- Stage
- Seed
- Announced
- October 29, 2026
- Led by
- Radical Investments
- Other investors
- Zeal Capital Partners
- Vertical
- Hospital Operations
- Country
- United States
- Headquarters
- Dallas, Texas, United States
- Founded
- 2025