Los Angeles-based InsurTech startup, Handl Health, has announced a successful closing of a $14.2 million Series A funding round. This investment was led by Arthur, a venture capital firm based in Minnesota, and includes participation from other notable investors such as Syndra Capital, DHVP, and Riverfront.
Handl Health focuses on enhancing healthcare experiences through technology, aiming to streamline the process for insurance consumers. By leveraging innovative solutions in health management, they are positioned to address key pain points within the insurance landscape.
This round of funding will primarily support Handl Health’s growth and help expand its offerings. The funding could result in improved resources for both insurance providers and customers, making healthcare more accessible and efficient. Enhanced technology may lead to quicker claims processing, better management of healthcare plans, and overall improved customer satisfaction.
The financial backing from Arthur and other investors signifies confidence in the InsurTech sector, particularly in solutions aimed at optimizing healthcare services. As the industry continues to evolve, companies like Handl Health may play a significant role in shaping the future of insurance technology.
Overall, this funding round represents a step forward for Handl Health as it continues to innovate within the insurance space.
Original Source: https://www.citybiz.co/article/811289/insurtech-handl-health-raises-14m-from-syndra-capital-dhvp-riverfront-and-others/