FundingSpendRule raises $4M, backed by Mark CubanRead the announcement

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As featured in

Healthcare Innovation

Dallas Magazine

2025

Founded

Dallas, TX

Headquarters

$6M

Raised to date

$2.91B

Annual purchased services spend on SpendRule

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About SpendRule

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SpendRule is an AI company that makes sure organizations pay what their contracts say. SpendRule reads every term of a contract, checks each invoice against it, flags overcharges with the evidence to back them up and drafts the credit request, so companies stop overpaying and recover what they’re owed. Health systems use SpendRule today across $2.91 billion in annual purchased services spend and 2,187 business relationships. As AI agents begin buying, approving and paying on companies’ behalf, SpendRule is building the layer that tells them what every agreement actually allows. SpendRule was founded in 2025 and is based in Dallas. Learn more at SpendRule.com.

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Leadership

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Chris Heckler

Co-CEO & Co-Founder

Chris is an industry veteran with over 25 years of healthcare experience and known for his work in purchased services. In 2013, he co-founded Valify, a healthcare purchased services analytics platform, that is still used today by many of the largest health systems and was acquired by HCA in 2019. Through years of working with health system finance and supply chain teams, he developed deep insight into how purchased services are managed, and where existing approaches fall short. SpendRule reflects that experience, shifting the focus from visibility to enforcement.

Joseph Akintolayo

Co-CEO & Co-Founder

Joseph is an experienced entrepreneur and engineering leader with over 15 years experience building enterprise software platforms, including AI-driven systems and complex integrations. He previously founded and exited Deposits, a fintech company, and brings deep expertise in contract processing, data pipelines, and scalable system architecture.

Daniel MacKinnon

Chief Revenue Officer

Daniel is a healthcare and pharmaceutical supply chain SaaS veteran with fourteen years of experience building rocketship go-to-market teams and a track record of successful exits. As SVP of Global Sales and Marketing at LSPedia, the global leader in healthcare serialization and traceability, he drove 750% ARR growth, scaled the team from 20 to over 100 employees, and led the company to a private equity partnership with Bregal Sagemount. Earlier, as VP of Sales and Marketing at Valify, he helped build the business through its acquisition by HCA. Daniel leads SpendRule's revenue strategy, customer success, and go-to-market organization.