CareVoice, a China-based insurtech startup, announced earlier this week it secured eight figures during its Series A investment round, which was led by LUN Partners Group with participation from DNA Capital, SOSV, and Artesian Capital.
Founded in 2014, CareVoice states it provides a mobile-based data-driven SaaS platform to empower insurers to digitize the healthcare and insurance experience of their members, and reach the cutting edge of innovation, engage with their members, drive efficiencies up and cost down.
“Working closely with high-quality healthcare service providers, we deliver personalized and integrated experiences to members. They can search for first-class health and wellness providers, be guided towards the most cost-efficient medical centres and easily use their insurance benefits. Meanwhile we generate valuable data, supporting client retention & cost-savings for insurance companies.”
Speaking about the investment round, Sebastien Gaudin, Co-Founder & CEO of CareVoice, shared:
“This funding will accelerate our vision to become the leading health insurtech platform in Asia, making health insurance digital and more human! Thanks to our new breakthrough CareVoiceOS platform, we will continue growing fast the number of insurers using our services while penetrating new geographic markets, with the aim to change how millions of insurance members experience healthcare insurance. We are so glad to be backed by great investors who can significantly help us achieve our ambition.”
Peilung Li, Founder and Chairman of LUN Partners Group, then added:
“We foresee that insurance will be the next sector to experience the highest growth of digitalization and innovation as well as the arrival of new fintech unicorn companies. CareVoice is driving digitalization and innovation for insurance companies, and we are very confident about its development in the Greater China market. To further aid the Company’s growth, LUN Partners will help CareVoice extend its proven digitalization solutions to overseas insurance marketplaces in Japan, Southeast Asia, and other regions.”
