This is the Troy Medicare pitch deck to raise a $10m series-b round in 2020.
About
Troy Medicare is an AI-driven, pharmacy-powered Medicare Advantage company serving the most underserved communities in the US
Troy Medicare offers Medicare Advantage plans to seniors in North Carolina with an unusual twist: the plan pays community pharmacists to keep their members healthier. It’s in its first year of offering health plans.
The company is currently raising a $25 million Series B funding round, and we obtained a copy of the deck the company’s team is using to pitch investors.
It’s a much smaller amount compared to other Medicare Advantage startups that have taken in hundreds of millions early on to fuel their growth and compete with the industry’s leaders.
“Troy Medicare’s progress has surpassed all expectations,” Troy CEO Flaviu Simihaian told Business Insider in response to a request for comment. “By empowering local providers and pharmacies with streamlined operations and fair pricing, each member receives the best, tailored, hyper-local care. Now, we are focused on scaling the Troy model to more states.”
Competition for the 22 million Americans enrolled in Medicare Advantage plans, and the thousands signing up daily as they turn 65, is fierce. Medicare Advantage is a privately run alternative to the traditional Medicare program, which provides medical coverage for seniors and some others in the US.
Funding rounds
| Announced Date | Transaction Name | Number of Investors | Money Raised | Lead Investors |
| Nov 17, 2020 | Series B – Troy Medicare | 2 | $10M | AXA Venture Partners |
| Aug 31, 2019 | Series A – Troy Medicare | — | $9.5M | — |
| Nov 6, 2018 | Seed Round – Troy Medicare | — | $1.8M | — |
Pitch deck review summary
Slide by slide review
Deck Collection
See the rest of the collection here:
Comments (0)
There are no comments yet :(