ClaimBuddy secured $5 million in Series A funding led by BIF (Bharat Innovation Fund) and CAC Capital to advance its technology and expand its services.
Apr 13, 2024•over 1 year ago
Amount Raised
$5 Million
Round Type
series a
Investors
Rebright PartnersChiratae VenturesCac CapitalBif (Bharat Innovation Fund)
Description
ClaimBuddy, the health insurance claim assistance platform, successfully closed its Series A funding round, securing $5 million in investment. The funding was led by BIF (Bharat Innovation Fund) and saw participation from Japanese fund CAC Capital, as well as existing investors Chiratae Ventures and Rebright Partners. This investment will help ClaimBuddy advance its technology, expand its team and sales network, and add new product lines for its growing network of Hospitals.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers