Connie Health, a provider of an AI-powered Medicare navigation platform, secured $40 million in Series B financing, bringing its total funding to date to $85 million.
HealthQuest Capital led the investment round with participation from JSL Capital and existing investors Khosla Ventures, aMoon, and Pitango HealthTech.
Connie Health also announced the completion of its acquisition of Clearlink’s Medicare business for an undisclosed amount.
This acquisition marks Connie Health’s 10th completed acquisition.
With the integration of Clearlink complete, Connie Health will continue aggressively investing in its agent network, acquisitions, its AI-driven tech platform, and its deep partnerships with value-based care providers—all focused on delivering better outcomes and experiences for Medicare beneficiaries nationwide.
“The infrastructure we’ve built makes Clearlink’s scale a perfect fit for Connie Health. The precise combination of our advanced technology platform and our local agent model gives us the unique ability to seamlessly absorb, support, and maximize a massive book of business of this magnitude without losing the personal touch seniors deserve,” said Oded Eran, CEO of Connie Health.
“We’re especially grateful for our partnership with HealthQuest Capital, which has enabled us to move decisively on opportunities like this.”
Digital health companies have secured more than $180 billion in funding to date, according to our recent Funding Database.
More recently, Memoir Inc., dba Chapter, an online Medicare navigation platform that helps older Americans choose the right Medicare plans, raised $100 million in Series E funding.
In another deal, Keebler Health, a clinical documentation startup, raised $16 million in a Series A funding round to accelerate commercial growth in the U.S.