Bright Health Announces $200 Million Series C

sourced

Via News Release

“MINNEAPOLIS, Nov. 29, 2018 /PRNewswire/ — Bright Health, an insurance company that provides exclusive Care Partner Health Plans for everyday individuals at competitive prices, today announced it has raised $200 million in an oversubscribed Series C funding round.

The financing includes two new investors, Declaration Partners and Meritech Capital, as well as existing investors Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates, Greycroft Partners, New Enterprise Associates (NEA), Redpoint Ventures, and Town Hall Ventures.”

Read More »

Q&A With Sezzle CEO Charlie Youakim On The $100m Raise

sourced

On November 15th, Minnesota fintech startup Sezzle announced a $100m funding round to grow its online retail payments business.

Like PayPal, but with micro-installments, consumers can ‘checkout with Sezzle’ and receive a small denomination interest free loan at the time of purchase, on demand.   So by partnering with Sezzle, ecommerce merchants can effectively make more sales by giving their customers more purchasing power.

Sezzle has previously raised ~$12m in equity (most of which came earlier this May) and now CEO Charlie Youkim explains where things are at following the latest milestone:

Read More »

Entrepreneur 2 Entrepreneur: The Okiror Bros. On Mixing Business With Family

sourced

Categories

The Entrepreneur 2 Entrepreneur (E2E) series is curated by Sean Higgins and underwritten by Router Ventures.

 
Starting a tech business is like driving your car through the desert while your tank is almost always on empty and the next gas station is in 100 miles away.

Having the right passengers with you in the car helps, but you better be prepared to disagree, debate, and discover with them. This dynamic can push relationships to the brink.

So when you start a company with someone you are related to – how do you manage to keep business from ruining your existing relationship?

We catch up with brothers Simon and Jesse Okiror at Suprabook to learn more about how they are doing it:

Read More »

New OnRamp Insurance Accelerator Is Coming To Minnesota

sourced

Categories

Via News Release

“MINNEAPOLIS & ST. PAUL, Minn.–(BUSINESS WIRE)–To invest in the next generation of insurance technology and innovation, Allianz Life Ventures, part of Allianz Life Insurance Company of North America, and Securian Financial have joined forces with nationally ranked startup accelerator, gener8tor, to establish the OnRamp Insurance Accelerator.”

Read More »

Q&A With Duluth’s Biggest Startup: GeaCom

sourced

Hardware meets software in Duluth where founder and CEO Mat Johnson leads GeaCom — makers of Phrazer and Kitsune.

After an immersive stretch of R&D, Johnson came up for air to share the latest around the biggest tech startup in the area:

What is GeaCom’s value proposition?

We’re pioneering a method in healthcare which personalizes the patient’s experience and solutions for providers that improve performance.

There’s a lot of waiting in healthcare, staging, and limited access to resources.  Consider that the majority of the time a patient is within their healthcare system, they are alone. So we give patients an extremely personalized guide using Phrazer Spirit and new Kitsune headset products.

Read More »

Post Navigation