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Sidecar Health raises $125m in new funding

Los Angeles based health insurance startup raised $125m in new funding from investors including Drive Capital, BOND, Tiger Global, and Menlo Ventures.

“The extraordinary level of transparency Sidecar Health brings to the marketplace has the  potential to fundamentally change how millions of Americans shop for healthcare,” said Molly  Bonakdarpour, a partner at the Drive Capital, which provided early backing for the company. “We think Sidecar Health’s team of consumer,  technology and healthcare veterans is well positioned to capitalize on the large healthcare  insurtech opportunity.” 

Tags

insurtech, healthcare