Stride Health Secures $23.5 Million
Internet and IoT startup Stride Health closed $23.5 million in Series B financing. Four investors contributed to the round: F-Prime Capital, Venrock, New Enterprise Associates, and Portag3 Ventures.
Stride Health is a healthcare insurance platform that helps users minimize their taxes and follow effective health plans. Users can quickly build individual health profiles so Stride Health can predict their medical costs for the year, just as a financial advisor would for investment accounts. Stride’s algorithm uses this information to recommend to users a best-fit health plan that takes into account individual budgets, health conditions, and doctors.
The company revealed that the additional capital will fuel the expansion of Stride Health’s benefits offerings to serve today’s independent workforce.
