Alignment Healthcare Raises $135 Million In Series C Funding To Expand Access To Senior Care

Alignment Healthcare, a mission-based Medicare Advantage insurance company founded in 2013, announced that it raised $135 million from Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc., and Durable Capital Partners L.P. The Series C round brings Alignment’s funding to-date to $375 million, and will accelerate the growth of the company’s Medicare Advantage footprint while deepening its investments in its technology platform and plan offerings.

Alignment’s new capital partners join the company’s existing preeminent health care investors, General Atlantic and Warburg Pincus—both leading global private equity . . .