Fundz

Flume Health Raises $30M Series A To Redefine Health Plan Administration

PRIVATEMar 04, 2022

Amount Raised

$30 Million

Round Type

Series A

ScarsdaleHealthcare

Description

Flume Health, a Health-Plan-as-a-Service platform that simplifies the design and management of healthcare plans, today announced that it raised $30 million in Series A funding led by Optum Ventures. New investor Cigna Ventures and existing investors Route 66 Ventures, Accomplice, Founder Collective, Primary Venture Partners and ERA's Remarkable Ventures Fund also participated in the round, bringing Flume's total raise to $40 million.

Who else raised in Healthcare around the same time

Companies in the same sectors as Flume Health, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Eumentis Therapeutics, Inc. raised $5M on April 15, 2022.
  • ZURICH MEDICAL Corp raised $242K (Pre-Seed) on April 15, 2022.
  • Click Therapeutics raised $15M (Debt Financing) on April 15, 2022.
  • 9AMHEALTH raised $15M on April 15, 2022.
  • Agitated Solutions raised $1.2M on April 15, 2022.
  • UbiVac raised $250K on April 15, 2022.

Who to call at Flume Health, Inc., and when

A new round usually means Flume Health, Inc. is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Flume Health, Inc.

Location

11 Autenreith Road

Scarsdale, New York, United States

About

Flume Health is the first digital platform for health plan administration, replacing traditional TPAs and empowering challengers and established healthcare companies to design and launch powerful next-generation, personalized health plans. A Health-Plan-as-a-Service, Flume eliminates the complexity of designing, managing, and launching personalized healthcare plans. Companies can leverage Flume's Health-Plan-as-a-Service operating system to take on the difficulties of delivering personalized health plans, allowing plan providers to focus on member experience. For more information, visit www.flumehealth.com.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Flume Health, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.