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Flume Health Raises $30M Series A To Redefine Health Plan Administration

Mar 04, 2022•over 3 years ago

Amount Raised

$30 Million

Round Type

series a

Description

Flume Health, a Health-Plan-as-a-Service platform that simplifies the design and management of healthcare plans, today announced that it raised $30 million in Series A funding led by Optum Ventures. New investor Cigna Ventures and existing investors Route 66 Ventures, Accomplice, Founder Collective, Primary Venture Partners and ERA's Remarkable Ventures Fund also participated in the round, bringing Flume's total raise to $40 million.

Company Information

Company

Flume Health

About

Flume Health is the first digital platform for health plan administration, replacing traditional TPAs and empowering challengers and established healthcare companies to design and launch powerful next-generation, personalized health plans. A Health-Plan-as-a-Service, Flume eliminates the complexity of designing, managing, and launching personalized healthcare plans. Companies can leverage Flume's Health-Plan-as-a-Service operating system to take on the difficulties of delivering personalized health plans, allowing plan providers to focus on member experience. For more information, visit www.flumehealth.com.

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