Gravie Raises $10.5M


Health insurance marketplace Gravie has raised $10.5 million in a Series A financing round led by Aberdare Ventures. Existing investor FirstMark Capital also contributed to the round, which brings the total funding raised by the company to $13 million.

The funding will enable the company to scale up its operations and expand its services to all 50 states by 2015, says Gravie.

Aberdare Ventures partner Mohit Kaushal will join Gravie’s board.

[Image courtesy: Gravie]

Also see:

Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.