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Funding round

Judi Health Series F

Judi Health, which works in health benefit management services in Jersey City, raised $400M in a Series F round announced on 23 Sep 2025, led by Wellington Management and General Catalyst, at a $3.25B post-money valuation. 9 firms took part. It is Judi Health's fifth venture round on record; the one before was a Growth in Oct 2023.

$400M

Amount raised

$3.25B

Post-money valuation

9

Investors

2 leads

12%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Judi Health at $3.25B after the new money. The $400M bought investors about 12% of the company. It came 23 months after Judi Health's Growth. It is 65% of the $618M Judi Health has raised in the venture rounds on record. No later venture round is on record for Judi Health.

Judi Health's funding rounds

Judi Health has 5 venture rounds on record. This one is highlighted.

  1. Growth 16 Jul 2019, led by Edison Partners $12M
  2. Series B 2 Feb 2021, led by Transformation Capital $50M
  3. Series C 13 Jun 2022, led by B Capital $106M
  4. Growth 11 Oct 2023, led by Transformation Capital $50M
  5. Series F this round 23 Sep 2025, led by Wellington Management and General Catalyst $400M$3.25B post-money

Investors

Who put money in

Wellington Management and General Catalyst led the round with 7 other firms.

Lead investors

  • Wellington Management new investor
  • General Catalyst backs 574 venture-backed companies new investor

Also in the round

  • Generation Investment Management new investor
  • Growth Equity at Goldman Sachs Alternatives new investor
  • 9Yards Capital new investor
  • B Capital backs 156 venture-backed companies new investor
  • Edison Partners new investor
  • Prime Health Investments new investor
  • backs 41 venture-backed companies new investor

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, scaling operations and working capital.

  • Product development
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

The closest in time: 2 in Insurance - Agents, Carriers & Brokers, then Series F rounds in any sector within 6 months:

Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Devoted Health Insurance - Agents, Carriers & Brokers1 Nov 2025$48M$13.27BCentricus
Alan Insurance - Agents, Carriers & Brokers23 Sep 2024$193M$4.50BBelfius
Anthropic Tech Companies2 Sep 2025$13.00B$183.00BICONIQ and Lightspeed Venture Partners
Vercel Hosting & Cloud Infrastructure Providers30 Sep 2025$300M$9.30BAccel and GIC
Uniphore Tech Companies22 Oct 2025$260M$2.50BNVIDIA and AMD
Whatnot Tech Companies28 Oct 2025$225M$11.50BDST Global and CapitalG
Human Interest Retirement Planning31 Oct 2025$100M$3.00Bnot named
Tech Companies5 Nov 2025$100M$700MGoldman Sachs and A91 Partners

Sources

Where this comes from

Reported by 6 sources.

Questions

Frequently asked

How much did Judi Health raise in its Series F round?

Judi Health raised $400M in its Series F round, announced in Sep 2025.

Who led Judi Health's Series F round?

Wellington Management and General Catalyst led it, with Generation Investment Management, Growth Equity at Goldman Sachs Alternatives, 9Yards Capital, B Capital and Edison Partners and 2 more.

What was Judi Health's valuation at the Series F round?

$3.25B post-money.