Tech Company Financing Transactions
Venteur Funding Round
Venteur closed a $7.6 million Seed venture capital round on 8/18/2023. Investors included GSR Ventures, CRCM and Headwater Ventures.
Transaction Overview
Company Name
Announced On
8/18/2023
Transaction Type
Venture Equity
Amount
$7,600,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
2081 Center St 9
Berkeley, CA 94704
USA
Berkeley, CA 94704
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2021, Venteur is dedicated to helping all individuals find high-quality health benefits. For sibling co-founders, Stacy and Tim Edgar, this mission is personal. Growing up, Stacy and Tim's parents left full-time employment to pursue their dream of starting a business. But shortly after launching their business, their dad got sick. The problem was that the family had no other option but to rely on a small business health plan that was higher in cost and lower in coverage than the big company benefits plan that the family had left behind. As a result, health care costs became a lifelong burden for their family. A generation later, not much has changed. The safety nets available to small businesses remain expensive, inadequate, and confusing.
Management Team
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