What does Venteur do?
Venteur is a San Francisco-based provider of a personalized health technology platform that helps companies offer employees a selection of high-quality health benefits. Its platform leverages Individual Coverage Health Reimbursement Arrangements (ICHRA) to give employees more control over their health care choices.
How much did they raise?
The company raised $20M in Series A funding, with the round led by Informed Ventures and American Family Ventures. The funding round also saw participation from Morgan Health, Catalyst by Wellstar, Ingeborg Investments, Plug and Play, Techstars, Revelry Venture Partners, and Houghton Street Ventures.
What are their plans for the money?
With the new capital, Venteur aims to accelerate its product innovation, expand its market reach, and strengthen its team. This investment is expected to enhance its platform and enable the company to better serve businesses of various sizes.
What have they achieved so far?
Venteur has already made significant strides by serving 30,000 employees across 600 businesses, showcasing its effective approach to delivering personalized health benefits.
