Funding round
Judi Health Series C
Judi Health, which works in health benefit management services in Jersey City, raised $106M in a Series C round announced on 13 Jun 2022, led by B Capital. 4 firms took part, 2 of them already investors. It is Judi Health's third venture round on record; the one before was a Series B in Feb 2021.
$106M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Judi Health did not disclose a valuation in this round. It came 16 months after Judi Health's Series B. It is 17% of the $618M Judi Health has raised in the venture rounds on record. Judi Health raised again 16 months later: a Growth round of $50M in Oct 2023. Its next priced round, a Series F in Sep 2025, valued it at $3.25B.
Judi Health's funding rounds
Judi Health has 5 venture rounds on record. This one is highlighted.
- Growth 16 Jul 2019, led by Edison Partners $12M
- Series B 2 Feb 2021, led by Transformation Capital $50M
- Series C this round 13 Jun 2022, led by B Capital $106M
- Growth 11 Oct 2023, led by Transformation Capital $50M
- Series F 23 Sep 2025, led by Wellington Management and General Catalyst $400M$3.25B post-money
Investors
Who put money in
B Capital led the round with 3 other firms. Transformation Capital and Edison Partners had backed Judi Health before.
Lead investor
- B Capital backs 156 venture-backed companies new investor
Also in the round
- General Catalyst backs 574 venture-backed companies new investor
- backs 41 venture-backed companies existing investor
- Edison Partners existing investor
Joined the board: Dr. Robert Mittendorff (B Capital), Nick Whitehead (B Capital) and Holly Maloney (General Catalyst).
Comparable rounds
How it compares
13 Series C rounds in Insurance - Agents, Carriers & Brokers within a year either side disclosed an amount; the median was $80M, and this round was 1.3 times the median. The closest in time, other companies' Series C rounds in Insurance - Agents, Carriers & Brokers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Insurance - Agents, Carriers & Brokers | 21 Jun 2022 | $75M | not disclosed | not named |
| Insurance - Agents, Carriers & Brokers | 7 Jul 2022 | $120M | $800M | Dai-ichi Life Insurance Company, Limited and Dai-ichi Life |
| Insurance - Agents, Carriers & Brokers | 26 Jul 2022 | undisclosed | not disclosed | Winter Capital |
| Insurance - Agents, Carriers & Brokers | 25 Apr 2022 | $50M | not disclosed | Portage Ventures |
| Insurance - Agents, Carriers & Brokers | 1 Feb 2022 | $125M | $1.00B | Glade Brook |
| Insurance - Agents, Carriers & Brokers | 21 Dec 2021 | $127M | not disclosed | Softbank Latin America Fund |
| Insurance - Agents, Carriers & Brokers | 13 Oct 2021 | $80M | not disclosed | B Capital |
| Insurance - Agents, Carriers & Brokers | 26 Oct 2021 | $47M | not disclosed | King River |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Judi Health raise in its Series C round?
Judi Health raised $106M in its Series C round, announced in Jun 2022.
Who led Judi Health's Series C round?
B Capital led it, with General Catalyst, Transformation Capital and Edison Partners.
What was Judi Health's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Insurance - Agents, Carriers & Brokers?
13 Series C rounds in Insurance - Agents, Carriers & Brokers within a year either side disclosed an amount; the median was $80M, and this round was 1.3 times the median.
Did Judi Health raise again after this round?
Yes: a Growth round in Oct 2023 of $50M.