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Chapter , a Medicare advisory startup co - founded by former Republican presidential bright Vivek Ramaswamy , has close a$75 million financial backing roundat a valuation of $ 1.5 billion led by individual equity and venture house Stripes .
The inauguration help seniors take Medicare health plans analyzing Dr. , hospital , and prescription medicine drug reporting . Unlike many other Medicare policy brokers , Chapter take to prioritize customer needs over insurer profit .
Naraya , the VC firm founded by Vice President J.D. Vance , led Chapter ’s Series A round in 2020 . Peter Thiel , who also invested in the company , assumed Vance ’s plank tush when Vance resign to draw for Senate in 2021 .
While Thiel has since resigned from Chapter ’s board , Democrat Donna Shalala , who service as Secretary of Health and Human Services during the Clinton government activity and was afterward a U.S. Congresswoman , has fill the vacuum . Shalalatold Bloombergthat Ramaswamy ’s office and investment funds from Republicans Vance and Thiel were not an issue . “ I do n’t opine of the fellowship as political . ”
