Caraway, a digital healthcare company for Gen Z, raised $16.75M in Series A funding. The round was led by Maveron, an investor in consumer-only and early-stage companies, and GV. Returning investors include 7wireVentures and Hopelab Ventures, with new participation from Wellington Access Ventures, Ingeborg Investments and The Venture Collective. OMERS Ventures, a seed stage investor in Caraway, will remain on the board.
Caraway also announced that it is rolling out its virtual care services in six more states: Colorado, Pennsylvania, Illinois, Massachusetts, Michigan and New Jersey. Along with existing states, California, New York, North Carolina and Ohio, this brings the total to ten states that will offer access to 44% of 18-29 year olds enrolled in post-secondary institutions, including colleges and universities, trade and vocational schools. Read more.