Pune-based technology-driven health insurance startup Loop Health has raised $2.3 Mn in seed funding led by US-based early-stage venture capital firm Sierra Ventures along with participation from Y Combinator and Soma Capital.Angel investors like former Google Ventures partner Daniel Burka, Twitch ex-CTO Kevin Lin, and former WeWork CTO Shiva Rajaraman among others also participated in the financing round. The company plans to use the funds raised to expand its virtual primary care offering, build a sales team to grow the distribution of its health insurance plans and for geographical expansion.
Healthtech Startup Loop Health Bags $2.3 Mn Seed Funding From Sierra Ventures, Others
Date posted: Friday 4 December 2020