The UnitedHealthcare-backed health insurer has announced a $105m series B round that comes after a $70m round two years ago.

Bind, the US-based health insurance platform developer backed by healthcare provider UnitedHealthcare and multi-corporate venture capital firm Ascension Ventures, disclosed a $105m series B round yesterday.

The company has not confirmed how much of the funding it has already secured and did not reveal the identity of any participants in the round.

Founded in 2016 as Bind Benefits, Bind runs an online health insurance platform that lets users view the comparative details and costs of different treatment options.

News of…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.