Startup payer closes $165M funding round

El Segundo, Calif.-based Sidecar Health, a payer that advertises members paying provider’s cash prices, has closed a $165 million Series D financing round, led by Koch Disruptive Technologies.

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Sidecar Health offers employer plans in Ohio and Georgia and said June 26 the new capital will support expansion into Florida. 

The company offers ACA plans in 18 states. Koch Industries has also selected Sidecar to provide a portion of its employee health benefits, starting in 2025.

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