NEW YORK--(BUSINESS WIRE)--Apr 16, 2025--
Chapter, the industry-leading Medicare navigation platform, announced today that it raised $75 million in Series D funding led by Stripes, with participation from all major investors: XYZ Venture Capital, Susa Ventures, Addition, Narya Capital, and Maverick Ventures. This raise comes less than one year after Chapter’s Series C and allows the company to run even faster at its mission to deliver better, more personalized Medicare and retirement experiences to Americans. The capital will fuel Chapter’s continued product expansion — all built to ensure seniors have access to the best data and technology for their most consequential decisions. Over the past year, Chapter experienced 4x enrollment growth and continues to build on that momentum through 2025.
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Stripes, a firm known for backing consumer, enterprise, and healthcare brands with amazing products, is leading the financing.
“Chapter is reshaping one of the most consequential — and confusing — decisions in someone’s life as they enter retirement: their health coverage,” said Ron Shah, Partner at Stripes, who will be joining Chapter’s Board of Directors. “The Chapter team has taken a fundamentally innovative approach to this complex problem by reimagining the technology and data stack from the ground up in order to deliver far superior guidance to America’s seniors. We are thrilled to support their vision as they expand a platform that’s already made a meaningful difference for so many.”
This fundraise follows a year of accelerated impact, driven by the company’s dedication to high-quality user experiences. Chapter continues to lead the industry with user satisfaction, NPS, and retention of both beneficiaries and enterprise partners.
“Navigating Medicare is needlessly complex. Too many people end up with plans that cost more and cover less than they should,” said Cobi Blumenfeld-Gantz, Co-founder and CEO of Chapter. “At a time when the regulatory environment and Medicare ecosystem is rapidly changing, we remain committed to bringing transparency and trust to a system that desperately needs it.”
In the current economic climate and with increasingly sophisticated scams, retirees seek support and security. Healthcare systems, financial advisors, and content creators are looking for trusted resources to support better health and financial outcomes for their patients, clients, and audiences.
Choosing a Medicare plan is one of the most important decisions retirees face, yet the decision is clouded by deceptive marketing, exploitative agents, and an overall lack of transparency. Chapter has made significant strides in improving the Medicare landscape. By eliminating conflicts of interest between consumers and advisors, Chapter offers the only unbiased Medicare guidance in the country. Through its proprietary technology, Chapter empowers its advisors to deliver high-quality guidance at scale, ensuring retirees receive the best possible support every time.
In the last year, Chapter has rapidly grown its platform and forged key partnerships with the country’s top health systems, financial firms, and content creators—cementing its role as the default Medicare and retirement partner. These moves have powered Chapter’s ability to help tens of thousands more Americans navigate complex decisions with the same high-touch, high-trust experience it’s known for.
Chapter’s influence extends beyond individual enrollments. The company has driven consumer-centric policy changes in Medicare, advocating for greater transparency and alignment of agent incentives with the needs of retirees. These efforts, which include several ongoing initiatives, are creating lasting improvements in the Medicare system and working toward a future in which retirees have the support they deserve.
Chapter continues to serve an increasing number of retirees and has expanded its impact beyond Medicare enrollment. Last year, Chapter launched its Over-the-Counter (OTC) app, which enables Medicare beneficiaries to easily redeem over-the-counter (“OTC”) benefits available through their plans. Many Medicare plans include a host of benefits, but these benefits are often difficult to access. Each year, approximately $5 billion of OTC benefits go unused. Chapter has scaled the user base by 20x and signed partnership agreements with large, national retailers to propel growth and support more seniors.
As Chapter continues to grow, its commitment to retirees remains steadfast. The company is excited to expand its resources and develop new solutions to meet retirees’ most pressing needs, ensuring our aging population receives the care, support, and security they deserve in retirement.
About Chapter
Chapter is the most comprehensive Medicare navigation platform in the United States. Built to empower older Americans with unbiased, personalized guidance, Chapter helps seniors find the best-fitting Medicare coverage by evaluating every plan in every zip code. Learn more at askchapter.org.
About Stripes
Stripes is a New York-based growth equity firm that invests globally in companies with amazing products for consumers and businesses and helps them scale. Since 2008, Stripes has partnered with market-defining companies, providing value-added support to help accelerate growth and build long-term, durable businesses. With an experienced team and trusted network of industry operators and experts, Stripes’ mission is to provide resources and strategic advice that support entrepreneurs at every inflection point across go-to-market, brand building, talent, operations, and more. For more information about Stripes, please visit www.stripes.co.
Cobi Blumenfeld-Gantz, CEO
U.S. President Donald Trump says Iran has proposed negotiations after his threat to strike the Islamic Republic as an ongoing crackdown on demonstrators has led to hundreds of deaths.
Trump said late Sunday that his administration was in talks to set up a meeting with Tehran, but cautioned that he may have to act first as reports mount of increasing deaths and the government continues to arrest protesters.
“The meeting is being set up, but we may have to act because of what’s happening before the meeting. But a meeting is being set up. Iran called, they want to negotiate,” Trump told reporters on Air Force One on Sunday night.
Iran did not acknowledge Trump’s comments immediately. It has previously warned the U.S. military and Israel would be “legitimate targets” if America uses force to protect demonstrators.
The U.S.-based Human Rights Activists News Agency, which has accurately reported on past unrest in Iran, gave the death toll. It relies on supporters in Iran cross checking information. It said at least 544 people have been killed so far, including 496 protesters and 48 people from the security forces. It said more than 10,600 people also have been detained over the two weeks of protests.
With the internet down in Iran and phone lines cut off, gauging the demonstrations from abroad has grown more difficult. Iran’s government has not offered overall casualty figures.
The Latest:
A witness told the AP that the streets of Tehran empty at the sunset call to prayers each night.
Part of that stems from the fear of getting caught in the crackdown. Police sent the public a text message that warned: “Given the presence of terrorist groups and armed individuals in some gatherings last night and their plans to cause death, and the firm decision to not tolerate any appeasement and to deal decisively with the rioters, families are strongly advised to take care of their youth and teenagers.”
Another text, addressed “Dear parents,” which claimed to come from the intelligence arm of the paramilitary Revolutionary Guard, also directly warned people not to take part in demonstrations.
The witness spoke to the AP on condition of anonymity due to the ongoing crackdown.
—- By Jon Gambrell in Dubai, United Arab Emirates
Iran drew tens of thousands of pro-government demonstrators to the streets Monday in a show of power after nationwide protests challenging the country’s theocracy.
Iranian state television showed images of demonstrators thronging Tehran toward Enghelab Square in the capital.
It called the demonstration an “Iranian uprising against American-Zionist terrorism,” without addressing the underlying anger in the country over the nation’s ailing economy. That sparked the protests over two weeks ago.
State television aired images of such demonstrations around the country, trying to signal it had overcome the protests, as claimed by Iranian Foreign Minister Abbas Araghchi earlier in the day.
China says it opposes the use of force in international relations and expressed hope the Iranian government and people are “able to overcome the current difficulties and maintain national stability.”
Chinese Foreign Ministry spokesperson Mao Ning said Monday that Beijing “always opposes interference in other countries’ internal affairs, maintains that the sovereignty and security of all countries should be fully protected under international law, and opposes the use or threat of use of force in international relations.”
German Chancellor Friedrich Merz condemned “in the strongest terms the violence that the leadership in Iran is directing against its own people.”
He said it was a sign of weakness rather than strength, adding that “this violence must end.”
Merz said during a visit to India that the demonstrators deserve “the greatest respect” for the courage with which “they are resisting the disproportional, brutal violence of Iranian security forces.”
He said: “I call on the Iranian leadership to protect its population rather than threatening it.”
Iran’s Foreign Ministry spokesman on Monday suggested that a channel remained open with the United States.
Esmail Baghaei made the comment during a news conference in Tehran.
“It is open and whenever needed, through that channel, the necessary messages are exchanged,” he said.
However, Baghaei said such talks needed to be “based on the acceptance of mutual interests and concerns, not a negotiation that is one-sided, unilateral and based on dictation.”
The semiofficial Fars news agency in Iran, which is close to the paramilitary Revolutionary Guard, on Monday began calling out Iranian celebrities and leaders on social media who have expressed support for the protests over the past two weeks, especially before the internet was shut down.
The threat comes as writers and other cultural leaders were targeted even before protests. The news agency highlighted specific celebrities who posted in solidarity with the protesters and scolded them for not condemning vandalism and destruction to public property or the deaths of security forces killed during clashes. The news agency accused those celebrities and leaders of inciting riots by expressing their support.
Canada said it “stands with the brave people of Iran” in a statement on social media that strongly condemned the killing of protesters during widespread protests that have rocked the country over the past two weeks.
“The Iranian regime must halt its horrific repression and intimidation and respect the human rights of its citizens,” Canada’s government said on Monday.
Iran’s foreign minister claimed Monday that “the situation has come under total control” after a bloody crackdown on nationwide protests in the country.
Abbas Araghchi offered no evidence for his claim.
Araghchi spoke to foreign diplomats in Tehran. The Qatar-funded Al Jazeera satellite news network, which has been allowed to work despite the internet being cut off in the country, carried his remarks.
Iran’s foreign minister alleged Monday that nationwide protests in his nation “turned violent and bloody to give an excuse” for U.S. President Donald Trump to intervene.
Abbas Araghchi offered no evidence for his claim, which comes after over 500 have been reported killed by activists -- the vast majority coming from demonstrators.
Araghchi spoke to foreign diplomats in Tehran. The Qatar-funded Al Jazeera satellite news network, which has been allowed to work despite the internet being cut off in the country, carried his remarks.
Iran has summoned the British ambassador over protesters twice taking down the Iranian flag at their embassy in London.
Iranian state television also said Monday that it complained about “certain terrorist organization that, under the guise of media, spread lies and promote violence and terrorism.” The United Kingdom is home to offices of the BBC’s Persian service and Iran International, both which long have been targeted by Iran.
A huge crowd of demonstrators, some waving the flag of Iran, gathered Sunday afternoon along Veteran Avenue in LA’s Westwood neighborhood to protest against the Iranian government. Police eventually issued a dispersal order, and by early evening only about a hundred protesters were still in the area, ABC7 reported.
Los Angeles is home to the largest Iranian community outside of Iran.
Los Angeles police responded Sunday after somebody drove a U-Haul box truck down a street crowded with the the demonstrators, causing protesters to scramble out of the way and then run after the speeding vehicle to try to attack the driver. A police statement said one person was hit by the truck but nobody was seriously hurt.
The driver, a man who was not identified, was detained “pending further investigation,” police said in a statement Sunday evening.
Shiite Muslims hold placards and chant slogans during a protest against the U.S. and show solidarity with Iran in Lahore, Pakistan, Sunday, Jan. 11, 2026. (AP Photo/K.M. Chaudary)
Activists carrying a photograph of Reza Pahlavi take part in a rally supporting protesters in Iran at Lafayette Park, across from the White House, in Washington, Sunday, Jan. 11, 2026. (AP Photo/Jose Luis Magana)
Activists take part in a rally supporting protesters in Iran at Lafayette Park, across from the White House in Washington, Sunday, Jan. 11, 2026. (AP Photo/Jose Luis Magana)
Protesters burn the Iranian national flag during a rally in support of the nationwide mass demonstrations in Iran against the government in Paris, Sunday, Jan. 11, 2026. (AP Photo/Michel Euler)
