With $27 Million In Funding, A Tiny Fintech Takes Aim At Cigna, Aetna And UnitedHealthcare - News Summed Up

With $27 Million In Funding, A Tiny Fintech Takes Aim At Cigna, Aetna And UnitedHealthcare


Lightspeed Venture Partners and Khosla Ventures led the round, joined by First Round Capital FCAP and Homebrew. The funding announcement also accompanies the launch of a new insurance product underwritten in-house. Healthcare insurer Cigna CI counts more than 17 million global dental customers, Aetna AET has 12.7 million dental members and UnitedHealthcare Dental has enrolled more than 13 million Americans in its employer-sponsored, Medicare and Medicaid plans. Its largest rival, though, might be Delta Dental Plans Association. (She first joined the startup’s seed round as an angel investor in 2018 before Lightspeed hired her later that year.)


Source: Forbes April 16, 2021 14:00 UTC



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