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venture secures 20 million funding to enhance individual health reimbursement arrangements
Venteur, a startup specializing in individual coverage health reimbursement arrangements (ICHRA), has secured $20 million in a Series A funding round led by Informed Ventures and American Family Ventures, with participation from Morgan Health and others. The platform aims to enhance employee choice and flexibility in health coverage, particularly benefiting small and mid-size businesses facing rising health costs. Morgan Health's investment marks its first in the ICHRA space, reflecting a commitment to driving innovation and reducing costs for employers.
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