Insurtech Startup Wellthie Raises $5M to Become The Zillow for Small Business Health Insurance
Wellthie – an insurance technology company offering leading broker and comparison shopping tools that simplify insurance distribution and optimize choices for small businesses and individuals, has raised $5 million in Series A funding. The round was led by IA Capital Groupwith participation from existing and new investors, including Aflac Ventures and top insurance industry executives. The company plans to use the funds to accelerate its nationwide growth and product development. Andy Lerner, Managing Partner of IA Capital, joins Wellthie’s Board of Directors along with Mike Battaglia, former Chief Consumer Officer at Humana.