An NYC-based Medicare navigation software called Chapter has secured $50 million in Series C investment.
Investors
- Narya Capital
- Addition
- Susa Ventures
- Maverick Ventures
- XYZ Venture Capital
Use of funds
The business plans to use the money to hire more people and expedite product development.
Chapter also announced investment and introduced a new Over The Counter (OTC) solution that allows customers to use OTC benefits in their plans.
About Chapter
Under the direction of CEO Cobi Blumenfeld-Gantz, Chapter guarantees that customers receive the best available Medicare coverage at the most affordable cost. By taking into account all available alternatives and providing suggestions that are not influenced by financial ties, our Medicare navigation technology balances incentives between customers and Medicare consultants. The company’s in-house technology platform guarantees high-quality advice at scale, enabling it to assist senior support companies such as financial advisory, health systems, and content providers, as well as individual members.