- Chapter raised $75M at a $1.5B valuation to expand its Medicare advisory platform.
- The company claims to offer unbiased, client-focused guidance, with 4x enrollment growth in the past year.
- Backed by bipartisan investors, Chapter plans to invest in new technology and partnerships.
Chapter, a Medicare advisory startup co-founded by former Republican presidential candidate Vivek Ramaswamy, has secured $75 million in new funding at a $1.5 billion valuation.
The Series D round was led by Stripes, with participation from major investors including XYZ Venture Capital, Susa Ventures, Addition, Narya Capital, and Maverick Ventures.
Chapter’s platform helps seniors navigate the complex Medicare landscape, analyzing doctors, hospitals, and prescription drug coverage to recommend the best plans.
The company distinguishes itself by prioritizing client needs over insurer profits, aiming to bring transparency and trust to a traditionally confusing process.
Over the past year, Chapter has seen enrollment grow fourfold and launched new products like its Over-the-Counter app to further support retirees.
The startup’s board and backers reflect a bipartisan mix: early support came from Narya, the VC firm founded by Vice President J.D. Vance, and investor Peter Thiel, who was later succeeded on the board by Democrat Donna Shalala, former Secretary of Health and Human Services.
Shalala emphasized that the company operates independently of political affiliations.
With the new capital, Chapter plans to deepen enterprise partnerships, invest in advanced data and technology infrastructure, and continue its rapid product expansion to serve more seniors nationwide.
Edited by Annette George
