Chapter, a NYC-based medicare navigation platform, raised $50M in Series C funding.
The round was led by XYZ Venture Capital with participation from existing investors Narya Capital, Addition, Susa Ventures, and Maverick Ventures.
The company intends to us the funds to accelerate product development and hiring efforts
Led by CEO Cobi Blumenfeld-Gantz, Chapter ensures consumers get the right medicare coverage for their needs at the lowest possible price. Its Medicare navigation platform aligns incentives between medicare advisors and consumers by considering all options and making recommendations independent from economic relationships. The company’s proprietary technology platform ensures the quality guidance at scale, allowing it to serve both individual members and organizations that support seniors, including financial advisories, health systems, and content publishers.
In addition to this funding announcement, Chapter launched its new Over The Counter [OTC] product, enabling consumers to redeem OTC benefits in their plans.
