Connie Health, a Boston, MA-based tech-enabled consumer Medicare navigation platform allowing people to make informed health and financial choices, raised $13m in Series A funding.
The round, which came just four months after the company began serving the public in Arizona and coincides with start of operations in its second state, Texas, was led by Khosla Ventures and Pittango Healthtech. It follows the company’s $3m seed round in January 2020 also led by Khosla Ventures. Bringing total funding to $16m, the Seed and Series A rounds also saw participation from Abstract Ventures, Dynamic Loop Capital, Arkitekt Ventures, as well as angel investments from Assaf Wand (Founder & CEO, Hippo Insurance), Zach Weinberg, and Nat Turner (Founders, Flatiron Health).
The company intends to use the funds to improve its recommendations technology further, expand its local agent network in Arizona and Texas, launch in Illinois in 2021 and accelerate national expansion throughout 2022.
Established in 2019 by Oded Eran (CEO), David Luna (Chief Revenue Officer), and Michael Scopa (Chief Growth Officer), and operating in Arizona and Texas, Connie Health provides older people with a Medicare consumer platform that combines a tech-driven recommendation engine with local agents for personalized plans and healthcare navigation. The technology and concierge-level service helps consumers find the Medicare plan that meets their health and economic needs, take advantage of the benefits covered by that plan, and find the best providers in network.