What You Should Know:
- Vericred, the data services platform powering digital quote-to-card experiences in health insurance and benefits, announced $23M in Series B funding led by Aquiline Technology Growth with participation from new investors Echo Health Ventures, MassMutual Ventures, Guardian Strategic Ventures, and existing investors Riverside Acceleration Capital, FCA Venture Partners and First Health Capital Partners.
- The company plans to use the new capital to expand its teams in
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Vericred
Vericred Launches Medicare Advantage API to Support Insur Tech & Digital Health Companies
Vericred, an NYC-based data services platform powering the digital distribution of health insurance and employee benefits, announced today a Medicare Advantage rating API enabling InsurTech and digital health companies to build innovative solutions that serve the fast-growing Medicare-eligible population.Growth of Medicare Advantage PlansMedicare Advantage – also known as Medicare Part C – is a program in which individuals who qualify for Medicare enroll in certified health plans offered by
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Vericred Lands $5.5M to Become The Enabling Data Layer for Health Insurance
Vericred, a Nashville, TN-based healthcare data services company has raised $5.5 million in Series A funding led by FCA Venture Partners, with participation from existing and new investors. That company plans to utilize the latest round to accelerate sales growth and product development to advance its position as the enabling data layer to the health insurance and employee benefit industry. The latest round brings the company’s total funding to around $10 million.Founded in 2014, Vericred
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