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Addition led a $42m series B funding round in Chapter.

Synopsis

Addition, a venture capital firm, led a $42m series B funding round in Chapter, a medical services provider, with participation from Narya Capital, Susa Ventures, Maverick Ventures, XYZ Venture Capital, Core InnovationCapital, and Health2047 Capital Partners. "Before Chapter, those navigating Medicare faced two bad options: work with a traditional broker, or try to navigate the maze alone. Traditional brokers recommend only plans that pay them commissions and are not required to do what’s best for their clients. And the resources available to individual consumers provide incomplete and often incorrect recommendations. Even Medicare.gov fails to take doctors into account and provides suboptimal guidance. We’re thrilled to accelerate our ability to serve even more Americans with the support of this funding," Cobi Blumenfeld-Gantz, Chapter CEO.

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