HealthCare.com, a NYC-based provider of technology-enabled health insurance solutions, secured $18m in Series B funding.
The round, which brought the total capital raised to over $27m, was led by Second Alpha Partners, with participation from Axis Capital and CNO Financial Group.
The company intends to use the capital to fund technology, engineering and data-science investments, expand consumer experience solutions and accelerate the development and marketing of its proprietary insurance products.
Founded in 2014 by Howard Yeh, Jeff Smedsrud and Jose Vargas, HealthCare.com is an online health insurance company providing a data-driven shopping platform for American consumers to enroll in individual health insurance and Medicare plans. The company also develops and markets a portfolio of proprietary, direct-to-consumer health insurance and supplemental insurance products under the name Pivot Health.