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Chapter Announces $42 Million Series B Round Led By Addition With Participation From Existing Investors Narya Capital, Susa Ventures, And Maverick Ventures

Jan 11, 2022over 3 years ago

Amount Raised

$42 Million

Round Type

series b

Description

Chapter, the leading technology-driven Medicare Advisor, announced today that it has secured a $42 million Series B funding round. The investment was led by Addition with participation from Narya Capital, Susa Ventures, Maverick Ventures, XYZ Venture Capital, Core InnovationCapital, and Health2047 Capital Partners.

Company Information

Company

Chapter

About

Chapter is a Medicare Advisor with a simple commitment: it’s impossible to find a better Medicare recommendation or better support anywhere else. Chapter’s team and technology search every Medicare option nationwide -- more than 24,000 -- at an unprecedented level of detail. Chapter’s licensed advisors provide personalized, end-to-end guidance to Americans navigating Medicare. The advisory team earns identical compensation irrespective of the selected plan or carrier, ensuring that each Chapter member receives recommendations tailored solely for their needs. Additionally, Chapter’s tools support older Americans in deciding when and how to sign up for Medicare and whether they can improve existing coverage to get better benefits for less. Chapter also hosts hundreds of educational events every year and partners with employers, benefits professionals, non-profits, religious institutions, financial advisors, and community leaders.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech