Key Highlights
- $50 million raised in Series C led by XYZ Venture Capital, with support from Narya Capital, Addition, Susa Ventures, and Maverick Ventures.
- Expansion of enterprise capabilities to support significant growth in partner institutions.
- New Over The Counter (OTC) product launched, enhancing consumer access to Medicare benefits.
Source: Business Wire
Notable Quotes
- “I’m so excited to deepen our partnerships across the industry to move faster toward every American getting the Medicare guidance and experience they deserve.” – Cobi Blumenfeld-Gantz, CEO at Chapter
- “Chapter has designed state-of-the-art technology that makes a truly best-in-class experience work at scale for seniors.” – Ross Fubini, Managing Partner at XYZ Venture Capital
SoHC's Take
Chapter’s latest funding round is a strategic step toward transforming the Medicare industry through innovative technology and customer-centric service. By focusing on developing products that align with consumer needs and regulatory changes, Chapter is uniquely positioned to scale and influence Medicare guidance significantly. The introduction of their OTC product is a testament to their commitment to improving accessibility and convenience for seniors, setting a new standard in the sector. The enthusiastic investment from major venture capitals indicates strong confidence in Chapter’s vision and future in the healthcare market.
