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Memoir, Inc.

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Year established

2020

Location

New York NY US

Primary Industry

Insurance

About

Founded in 2020 and based in New York, US, Memoir, Inc., trading under the name Chapter, serves as a medicare advisor of recommended medical card programs and benefits for medical beneficiaries. The company was co-founded by its CEO Cobi Blumenfeld-Gantz, along with Corey Metzman and Vivek Ramaswamy. In September 2021, Memoir, Inc. raised its latest USD 17 million Series A funding from a group of investors that includes Narya Capital, Susa Ventures, and Maverick Ventures. The company offers a technology platform used by its advisors in order to search various Medicare plans nationwide that includes Medicare Advantage, Medicare Supplements, and standalone Part D prescription plans. The platform ensures the Chapter members that they receive recommendations based on their needs. It also helps older Americans in deciding when and how to sign up for Medicare and how to improve their existing coverage. The company also supports non-profits, religious institutions, community groups, financial advisors, employers, and employee benefits organizations. The company plans to use the proceeds of its Series A funding to speed up product development, expand its workforce of engineers and licensed advisors, and invest more in its members' assistance.
Current Investors
Maverick Capital, Core Innovation Capital, Susa Ventures

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Primary Industry
Insurance
Sub Industries
Claims Administration & Processing
Website
www.askchapter.org
Company Stage
Series B
Total Amount Raised
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Deals

Deals Type
Series B
Series A
Seed
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Memoir, Inc. 11 Jan 2022
Completed Memoir, Inc. 21 Sep 2021
Completed Memoir, Inc. 25 Feb 2020
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