Investing
The funds will help the New York City-based platform extend its growth and deliver new product offerings.
The new funds will be used to expand its coverage outside of New York.
IVP led the round, which adds to the company's existing $100 million in equity investments.
The round was led by Seraph Group with participation from Aphelion Capital, SV Tech Ventures and Shangbay Capital.
The startup initially landed 'seven-digit' investment from Corecam at the end of last year.
The funds will support expansion into new markets, as well as product launches and general scaling of its business.
GSR Venture US led the round with participation from Arsenal Growth and existing investors.
As part of the deal Flare Capital Partners' Bill Geary will be joining the board of directors.
The Californa company will be strengthening its proprietary member-data platform and plan offerings.
The timing and pricing of the Seattle company's IPO are yet to be determined.