Troy Health
Latest round
- Series B
Last raised
- Nov 2020
Total raised
- $10M
Investors
- 2
About Troy Health
Troy Health Inc.Founded in 2018, Troy Health Inc. operates as a Medicare Advantage provider, offering services to beneficiaries in counties such as Alexander, Durham, and Cumberland in North Carolina. The company was co-founded by Flaviu Simihaian and Josh Young.Troy Medicare offers two main Medicare Advantage plan options designed to provide beneficiaries with straightforward and comprehensive healthcare coverage. The primary features of these plans include USD 0 copays for visits to both primary care providers and specialists, eliminating the need for referrals to access specialized care. This simplicity in plan offerings contrasts with other providers that often present a complex array of options.AI technology platform to enhance the support provided to local, independent pharmacies, ultimately aiming to facilitate lower prices and additional cost-saving opportunities for members. The company serves Medicare beneficiaries residing in specific counties across North Carolina, including but not limited to Alexander, Durham, and Cumberland.Troy Medicare generates revenue primarily through its Medicare Advantage plans, which operate under contracts with Medicare and state Medicaid programs. The transactions occur as beneficiaries enroll in the company’s plans, which may involve monthly premiums and various cost-sharing elements such as copayments and coinsurance. The structure of these transactions is direct to consumers, with members receiving services from a network of healthcare providers that participate in the plan.Troy Health Inc.000 mn to enhance its service offerings and expand into new markets. The company aims to develop additional Medicare Advantage products tailored to meet diverse needs and is assessing opportunities to enter additional counties across North Carolina.
Who invested in Troy Health
2 investors across 1 round
See all investors in Troy Health
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series B
Nov 17, 2020
Amount
$10M
Investors
Questions about Troy Health
Who invested in Troy Health?
Troy Health has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Troy Health raised?
Troy Health has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Troy Health last raise money?
Troy Health's most recent round on record is a Series B, in Nov 2020.
What does Troy Health do?
Troy Health is a insurance company.
Where is Troy Health headquartered?
Troy Health is headquartered in Charlotte, US.
Which VCs invest in companies like Troy Health?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Troy Health's stage. Their profiles are linked below.
VCs backing insurance startups at Series B
Raising like Troy Health? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.