Flume Health Brings Total Raise to $10M With Fresh Equity Round; Looks to Transform Health Plan Administration and Drive Systemic Healthcare Change
Summary
Flume Health raised $6 million in a fresh equity round, bringing its total funding to $10 million. The company builds a health plan administration platform for self-insured employers and aims to modernize third-party administration with data-driven tools. Its platform helps employers unbundle legacy plans, engage members more actively, and integrate specialized care models. The funding supports Flume’s effort to reduce healthcare costs and improve the user experience for employers and members.
Funding
Amount
$6.0M
Total raised
Date
May 25, 2021
Announcement date
Investors
Primary Venture Partners, Founder Collective, Accomplice, Route 66 Ventures, Convene, Crosslink Capital
Lead investors
Company
https://flumehealth.com
Funded company
Classifications
industries
HealthTech
applications
No applications detected
AskAI Classifications
Labels
SaaS
Data Management
AI/ML Platforms
Linked Companies
Flume Health, Inc.
$1M to $5M