Chapter Medicare, a leading broker headquartered in New York, has successfully raised $50m in its Series C funding round.
The funding was led by XYZ Venture Capital, with significant contributions from Narya Capital, Susa Ventures, and Maverick Ventures, according to InsurTech Insights.
Established in 2020, Chapter Medicare has quickly become a frontrunner in simplifying the complex landscape of Medicare for seniors.
Offering end-to-end Medicare assistance, Chapter aids Medicare-eligible individuals in making informed decisions to optimise their coverage and benefits.
Leveraging innovative technology and expertise, the startup is dedicated to empowering seniors by facilitating comprehensive exploration of Medicare options available nationwide.
The latest Series C funding infusion marks a substantial milestone for Chapter Medicare, bringing its total fundraising to approximately $110m.
The influx of capital is poised to fuel the company’s ambitious expansion plans and further enhance its technological capabilities, ultimately enabling it to serve a broader spectrum of seniors with unparalleled efficiency and efficacy.
Keep up with all the latest FinTech news here
Copyright © 2024 FinTech Global