Chapter, a Medicare advisor firm, has landed $42 million in a Series B funding round, it announced Tuesday.
The investment was led by Addition, along with participants Narya Capital, Susa Ventures, Maverick Ventures, XYZ Venture Capital, Core Innovation Capital and Health2047 Capital Partners. The company plans to use the new capital to expand its team (expecting to fill 70 new roles this year) and improve the customer experience.
“We look forward to supporting the Chapter team as they continue to minimize the complexities of Medicare and provide personalized experiences for older Americans seeking the right coverage,” said Jason Schneider of Addition in the announcement.
