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Flume Health attracts $30 million in funding led by Optum

Posted On: Mar. 7, 2022 10:33 AM CST

Flume Health Inc., a health plan administrator for self-insured employers, raised $30 million in Series A funding led by Optum Ventures, bringing its valuation to roughly $100 million, Axios reports. Employers are the main customers for digital health firms, and newer entrants like New York-based startup Flume help companies build health plans catered to their member needs, the report says.