Chapter Medicare
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Chapter Medicare - overview
Established
2020
Location
New York, NY, US
Primary Industry
Insurance
About
Chapter Medicare is a US-based company dedicated to guiding older Americans through the complexities of Medicare, providing personalized advisory services and efficient tools for healthcare navigation. Founded in 2020 and headquartered in New York, US, Chapter Medicare specializes in Medicare advisory services. The company was established by Ari Parker, Cobi B, and Corey Metzman, with Cobi B serving as CEO. Chapter Medicare has engaged in five deals, with its most recent funding round being a Series D in April 2025, raising USD 75 mn led by Stripes and with participation from several other investors.
The total amount raised by the company stands at USD 75 mn, valuing it at USD 1,500 mn. Chapter Medicare offers a comprehensive suite of advisory services to assist older Americans in navigating Medicare complexities. Its core service includes personalized guidance from licensed Medicare Advisors who help clients understand their enrollment options. The company also operates the Chapter OTC App, facilitating efficient redemption of Over the Counter credits, and evaluates various insurance plans to identify optimal coverage for costs not addressed by Original Medicare, primarily targeting individuals aged 65 and older across the US.
Chapter Medicare generates revenue by providing advisory services to clients seeking Medicare-related guidance. Revenue is primarily derived from commissions on insurance plans that clients enroll in, facilitated by partnerships with over 50 organizations. The business operates on a fee-for-service model, compensating advisors based on successful enrollments in recommended plans. Chapter Medicare plans to utilize the recent Series D funding of USD 75 mn to fortify its enterprise partnerships, accelerate product development, and enhance its data infrastructure for scaling personalized Medicare guidance.
The company aims to launch new products and expand into additional markets to further enhance service delivery, with specific plans to target new geographic regions by the end of 2025.
Current Investors
Maverick Capital, Core Innovation Capital, Susa Ventures
Primary Industry
Insurance
Sub Industries
Insurance Intermediaries
Website
www.askchapter.org
Verticals
InsureTech
Company Stage
Series D
Total Amount Raised
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