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Alignment Healthcare Raises $135 Million in Series C Funding to Bring Its Model for Improved Care to More Seniors; Medicare Advantage platform closes crossover round from Fidelity Investments, T. Rowe Price and Durable Capital Partners

Mar 04, 2020 - Business Wire
Investments

Alignment Healthcare , a mission-based Medicare Advantage insurance company founded in 2013, today announced that it raised $135 million from Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc., and Durable Capital Partners L.P. The Series C round brings Alignment's funding to-date to $375 million, and will accelerate the growth of the company's Medicare Advantage footprint while deepening its investments in its technology platform and plan offeri...