Aldrich Capital Partners invests in TempusDirect
TempusDirect, a Tempe, Arizona-based provider of tech-enabled claims cost containment for P&C insurers, announced a strategic investment from Aldrich Capital Partners.
TempusDirect said the capital will fund product development, client services and business development, and support greater automation across its bill validation, provider negotiation and demand package review offerings. CEO and co-founder Greg Gaughan called the partnership a next step in accelerating innovation and expanding capabilities for carrier clients.
Aldrich managing partner Raz Zia said the firm was drawn to TempusDirect's measurable returns for insurers and sees room to broaden the platform's capabilities, including through the firm's AI team. TempusDirect was founded in 2016 and is headquartered in Tempe, Arizona.
Deal facts
- Target
- TempusDirect
- Business
- Technology-enabled provider of third-party claims cost containment solutions for the property and casualty insurance industry
- Buyer
- Aldrich Capital Partners
- Sponsor
- Aldrich Capital Partners
- Deal type
- Investment
- Headquarters
- Tempe, Arizona
- Status
- Completed
- Announced
- Wednesday, October 28, 2026
Sources
- PR NewswireOct 28, 2026
- PEI Private EquityOct 28, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.