SureCo Raises $23 Million Series A Funding To Meet Accelerating Demand For ICHRA Among Large Employers

SureCo, an Individual Coverage Health Reimbursement Arrangement (ICHRA) administrator focused on companies with at least 200 employees, announced the completion of a $23 million Series A funding round led by Health Velocity Capital, with participation from Kaiser Permanente Ventures. The investment will enable SureCo to scale its technology and team, the announcement stated. The company seeks to make it easier for large groups to contribute pre-tax dollars to employees to purchase the individual health plan of their choice from all major carriers available in their area.

Health Velocity Capital's limited partners include a multitude of insurance carriers providing . . .