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Belong Health Closes $40 Million Series A Led By Nea To Accelerate New Partnership Development With Local And Regional Health Plans And Hospital Systems

Dec 15, 2021•almost 4 years ago

Amount Raised

$40 Million

Round Type

series a

PhiladelphiaFinancial ServicesHealth CareCommunity And Lifestyle

Description

Belong Health, the first company dedicated to partnering with local and regional health plans and hospital systems to support the delivery of Medicare Advantage and Special Needs Plan products, today announced it has raised $40 Million in Series A funding led by New Enterprise Associates (NEA) with continued participation from seed investor, Maverick Ventures. Mohamad Makhzoumi, Managing General Partner, Healthcare at NEA, will join Belong Health's board of directors in conjunction with the financing.

Company Information

Company

Belong Health

Location

Philadelphia, Pennsylvania, United States

About

Belong Health delivers a more compassionate, straightforward insurance experience for Medicare-eligible members by partnering with regional health plans to help them launch or grow market-leading Medicare Advantage and Special Needs Plans. High-quality health care should be accessible to all, and local, regional health plans are best positioned to serve their communities as their trusted health insurance partners. www.belong-health.com.

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