Chapter, a Medicare navigation platform, has raised $50 million in Series C funding led by XYZ Venture Capital. The company wants to help create a more holistic care system for America’s aging population.
Chapter provides Medicare guidance to older adults. Its technology platform works to evaluate all available consumer options to recommend appropriate coverage independently of economic relationships. The company serves both individual members and organizations such as financial advisories, health systems and content publishers.
Alongside its Series C raise, Chapter announced the launch of its Over The Counter product, a solution that enables consumers to scan their insurance card to access wellness items covered by their Medicare benefits.
The company will use its new funding to accelerate product development and fuel hiring. The funding enables Chapter to scale its capacity to support more Americans seeking healthcare coverage and to enhance its enterprise capabilities for its partners.
