Trinity Capital, known for its diversified financial solutions for growth-oriented companies, has pledged a significant $40m debt facility to Gravie, one of America’s rapidly expanding health benefits innovators.
The $40m investment will be channeled into Gravie’s core offerings, particularly its self-funded health plans named Comfort. Designed for small to mid-size employers, these plans eliminate deductibles and copays for the most commonly used healthcare services, including virtual care.
Gravie’s mission is to demystify healthcare, offering straightforward plans alongside benefits such as interest-free payment options, thereby making quality healthcare more accessible.
Ryan Thompson, managing director of Tech Lending at Trinity Capital, stated, “Gravie’s innovative approach to health benefits can help small and mid-sized businesses provide quality, affordable coverage to their employees. We’re excited to partner with Gravie as they continue scaling their Comfort health plan model nationwide.”
Charles Marentette, chief financial officer at Gravie, said, “We are excited to partner with the Trinity team as we grow our business and seek to make health benefits plans work for everyone.”
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