Tech Company Financing Transactions
XP Health Funding Round
XP Health, based in San Carlos, secured $33.2 million in funding from QED Investors, American Family Ventures and Canvas Ventures.
Transaction Overview
Company Name
Announced On
9/13/2024
Transaction Type
Venture Equity
Amount
$33,200,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue expanding its product offering, as well as increase its focus on Generative AI products that will improve the member experience and continue to reduce typical member friction points in vision care, such as reducing the time it takes for appointment scheduling and enhancing the digital shopping experience.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
969 Industrial Rd A
San Carlos, CA 94070
USA
San Carlos, CA 94070
USA
Phone
Website
Email Address
Overview
We chose to use "XP" in our name because it evokes the values of "experience, express, exponential, and expertise" needed to overcome the fact that just 14% of the workforce uses its vision benefits to obtain glasses each year. To help organizations provide total vision care to every employee and their family, regardless of prescription status, requires all these values and more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Antonio Moraes
Chief Financial Officer
Joel Alperstein
Chief Marketing Officer
Cynthia Spitalny
Chief Technical Officer
James Wong
VP - Bus. Development
Ryan VanOverbeke
VP - Bus. Development
Tyler Zhang
VP - Operations
Swen Carlson
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