We’re excited to double down & co-lead Venteur's $20M Series A with American Family Ventures and welcome partners like JPMorganChase to enable employees across the US to take control of their own health.
It’s been an absolute blast and honor to support the phenomenal team at Venteur (Stacy, Timothy, & co!) as they grew 21x in 2024 to enable over 30,000 employees take control of their health and their employers to get relief from relentless health insurance costs via ICHRA, powered by Venteur’s AI platform + fintech infra + amazing team of brokers and ops specialists that make healthcare the experience it should be: easy, reliable, and optimized for each individuals’ needs.
When we first led the Seed round for Venteur back in early 2023, I firmly believed in the long-term potential of ICHRA to transform the American healthcare landscape and that this was the team to do it, but I thought that it was probably going to be a few years before this thing really caught on. I was wrong. Within a year, it became clear that the market is here, the time is now, and Venteur’s single-minded focus on the employee experience makes it uniquely positioned to drive this revolution.
We couldn’t have asked for better partners to join us in this journey than Amanda @ AFV (who signed the term sheet hours after delivering her baby — talk about leaning in!); Dan, Jeffrey, Reed and team @ Morgan Health (who’s already kicked down countless doors fighting for Venteur); Anna and Mira @ Ingeborg Investments; and John D. and Lauren @ Catalyst by Wellstar. And of course, we’re grateful for the continued support of our existing partners at Plug and Play Tech Center, Revelry Venture Partners, Houghton Street Ventures, and Techstars.
