Medefy Health, a Tulsa, OK-based provider of a mobile-first healthcare benefits navigation platform, raised $10M in Series A funding.
The round was led by Mercury Fund with participation from Advantage Capital.
The company intends to use the funds to further enhance its existing technology platform and artificial intelligence capabilities to operate more efficiently at scale.
Led by CEO Matt Scovil, Medefy is a mobile healthcare benefits navigation platform dedicated to lowering healthcare spending and access to healthcare for health plan members. It helps employers improve benefits offerings by empowering health plan members to find and use their health benefits — right when they need them. The platform connects members with a variety of digital tools as well as live, in-app benefits experts, 24/7 — equipped to answer benefits-related questions and proactively schedule care.
Medefy serves over 1,500 employers and their members across the United States, offering solutions to self-insured employers, insurance brokers, benefits advisors, TPAs, and enterprise groups.
FinSMEs
11/12/2023