We study the Riesz transform and Hodge-Dirac operator on a complete Riemannian manifold with Ricci curvature bounded from below. We define the Hodge-Dirac operator ∏ on Lp(ΛTM) as the closure of d + d* on smooth, compactly supported k-forms for 1 < p < ∞. Given the boundedness of the Riesz transform on Lp(ΛTM), we show that ∏ is R-bisectorial on Lp(ΛTM). From this we conclude that ∏ has a bounded H∞-functional calculus on a bisector under mild assumptions which we conjecture to be true when the Ricci curvature is nonnegative. We conclude by showing that from this bounded H∞-functional calculus for the Hodge-Dirac operator we can retrieve the boundedness of the Riesz transform, thus giving us that the mentioned assertions are equivalent when the Ricci curvature is nonnegative.