Cox Enterprises joined returning investors Hearst and Heritage Group in the medical payment service provider’s latest round, which took its overall funding to more than $50m.
US-based healthcare payment platform Aver has secured $27m in series C funding from investors including automotive and media conglomerate Cox Enterprises, industrial services provider Heritage Group and media group Hearst.
Hearst participated through corporate venturing subsidiary Hearst Ventures, and the round also featured venture capital firms Drive Capital and NCT Ventures. The company has now raised in excess of $50m altogether.
Aver has created an online medical reimbursement platform covering analytics, network and administrative processes. Its bundled payment scheme helps…
