Angle Health raises $200M Series C at $2.7B valuation
Angle Health, a Y Combinator alum from 2020 that helps small businesses manage level-funded health plans, announced a $200 million Series C round plus a $400 million tender offer allowing employees to sell shares. The round, valuing the company at $2.7 billion, was led by Vitruvian Partners with participation from Town Hall Ventures, Blumberg Capital, Portage Ventures, PruVen Capital, and Y Combinator, and is expected to close later this month. Angle says it now serves over 5,000 businesses and is profitable.