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Cake Raises $3.7M to in Funding


Cake Raises $3.7M to in Funding
Cake, a Boston, MA-based online platform for end-of-life planning and navigating mortality, raised $3.7m in funding.
Backers included new investors AARP, InHealth Ventures (IHV), Two Lanterns, Portfolia’s Aging and Longevity Fund, Scrum Ventures, Reflect Ventures, and existing investors GoAhead Ventures, Pillar, and OCA Ventures, as well as angel investors Arnold Whitman, Bill Hambrecht, and Betsy Hambrecht.
The company intends to use the funds to continue to expand operations and its business reach.
Led by Suelin Chen, CEO, Cake uses AI and NLP technology at scale to improve the user experience in end-of-life planning. In addition to consumer-facing tools, the company also has a business line building custom advance care and end-of-life planning solutions for health systems, health plans, insurance companies, and banks, including one of the largest health systems in the US. ....

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Votive Health Raises $2.5MM in Funding to Bring Complex Care Home


OCA Ventures as co-investors. Votive Health is a technology enabled network manager delivering complex care at home for people facing serious illness.  It was founded by a team of health care insiders who share a passion for solving issues that result from the fragmented health system in the U.S. for patients living with a serious illness.
Too often patients facing a serious illness receive unnecessary and expensive services that don t meet their physical, social, or existential needs, and which add to the financial stress and burden on the family, explains Torrie Fields, Founder and Chief Executive Officer of Votive Health. Patients don t get the personalized care they need while costs to payers and providers continue to grow. We re solving that disconnect by bringing complex care home. ....

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