Gravie in the News: Gravie Raises $28M in Series D Financing
What drove Gravie to create the first-ever zero-deductible, zero-copay health plan? Twin Cities Business spoke with co-founder Abir Sen about the Comfort™ health plan, Gravie’s largest round of funding to date, and more.
Minneapolis-based Gravie Inc. just closed on a $28 million Series D financing round, the largest in the firm’s history. The financing round was led by AXA Venture Partners, the venture capital arm of Paris-based AXA, one of the globe’s largest health insurers.
What’s drawing investors?
“Over the past couple of years, the company has grown rapidly. We have almost quadrupled revenue over the past couple of years,” said Abir Sen, Gravie’s co-founder and executive chairman.
Source: Burl Gilyard, Twin Cities Business