MedCity News April 2, 2025
Venteur’s $20 million funding round was led by Informed Ventures and American Family Ventures. In total, the company has raised $30 million.
Individual Coverage Health Reimbursement Arrangements (ICHRAs) are continuing to gain the interest of employers and investors. And Venteur’s $20 million Series A round announced on Tuesday is another example of that.
San Francisco-based Venteur helps employers administer ICHRA plans, in which employers offer their employees pre-tax dollars to purchase health insurance. Venteur’s AI platform also provides employees recommendations to help them select benefits, and they can build their own personalized health plans tailored to their needs. These personalizations are based on age, gender, zip code, prescriptions, risk profile and more. The company has served 600 businesses ranging from...