What is Chapter?
Founded in 2020 and headquartered in New York City, Chapter operates under Memoir, Inc. to provide comprehensive health insurance advisory services. The company specializes in navigating the intricacies of Medicare through a technology-driven platform that offers personalized consultations, plan comparisons, and enrollment support. Through its licensed subsidiary, Chapter Advisory, LLC, the firm delivers transparent and unbiased guidance, effectively bridging the gap between complex insurance products and the needs of American seniors. By prioritizing data-backed decision-making, Chapter has established itself as a leader in the insurtech space, aiming to simplify healthcare access and improve patient outcomes nationwide.
How much funding has Chapter raised?
Chapter has raised a total of $284M across 5 funding rounds:
Series A
$17M
Series B
$42M
Series C
$50M
Series D
$75M
Series E
$100M
Series A (2021): $17M with participation from Narya Capital, Susa Ventures, and Maverick Ventures
Series B (2022): $42M led by Maverick Ventures, Core Innovation Capital, Narya Capital, XYZ Venture Capital, Health2047 Capital Partners, Susa Ventures, and Addition
Series C (2024): $50M supported by XYZ Venture Capital, Susa Ventures, and Addition
Series D (2025): $75M featuring Susa Ventures, Stripes, XYZ Venture Capital, and Narya
Series E (2026): $100M backed by Susa Ventures, 8VC, Generation Investment Management, XYZ Venture Capital, Fifth Down Capital, and Maverick Capital
Key Investors in Chapter
Susa Ventures
An early-stage venture capital firm that partners with seed-stage startups to build high-growth companies, providing capital and talent support without taking board seats.
8VC
A leading technology investment firm founded by experienced operators that focuses on smart enterprise platforms across sectors including healthcare and financial services.
Generation Investment Management
An independent, owner-managed partnership dedicated to long-term investing and integrated sustainability research, with a strong focus on client alignment.
What's next for Chapter?
With the infusion of this latest capital, Chapter is well-positioned to scale its operations and deepen its technological infrastructure. The company's strategic roadmap likely involves expanding its advisory capacity and enhancing its proprietary data analytics tools to further streamline the Medicare navigation process. As the firm moves into this advanced lifecycle stage, it will focus on maintaining its competitive edge in the insurtech market, potentially exploring new partnerships and service offerings that address the evolving needs of the U.S. healthcare system. The continued support from high-profile venture capital firms signals strong investor confidence in Chapter's ability to drive long-term value and operational excellence.
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