Venture Capital Access Online | Venture Capital News
Summary
Following robust membership growth of more than 400% in 2021, Friday will leverage the additional funds to expand into new markets with a focus on technology-driven individual and small-group health insurance. Friday was built specifically for individuals seeking simplicity, practical health benefits, and great service all at an affordable price. Theres great demand for affordable, customer-driven insurance, and expanding nationwide will help bring better insurance options to those who need it most. "Leadenhall is delighted to continue to support and further expand its successful partnership as Friday Health Plans grows its business," said Tom Spreutels, Head of Origination at Leadenhall Capital Partners. The company focuses on overall simplicity to offer affordable health plans with benefits that help members stay healthy and cover them if they get sick or hurt. Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Business & Technology Services and Healthcare.