TempusDirect secures investment from Aldrich Capital Partners

TempusDirect , a provider of medical claims cost containment services for P&C insurers, has received a strategic investment from private equity firm Aldrich Capital Partners. Financial terms were not disclosed.

Founded in 2016 and based in Tempe, Arizona, TempusDirect helps insurers review medical bills, negotiate payments with healthcare providers, and evaluate medical expenses included in attorney demand packages. Its platform uses historical claims data from multiple carriers to benchmark medical charges and support claim evaluations.

The company plans to use the investment to expand product development, client services, and business development, while adding automation across its offerings. Aldrich also plans to involve its AI team in developing additional capabilities for clients.

TempusDirect is led by co-founders Greg Gaughan, CEO, and Josh Dickerson, COO.