ChronWell announced Tuesday it has raised $2.8 million from undisclosed backers. The Fort Lauderdale-based insurance technology company has raised $7.8 million to date.
ChronWell provides a case management platform for the workers compensation industry. It was launched in September 2017 and is led by healthcare and insurance technology veterans Joe Rubinsztain, Sam Rubinsztain and Salomon Srendi. ChronWell raised a $5 million Series A round last year and completed a successful pilot in California.
“Patient advocacy and empathy are core components of ChronWell’s service, not just add-ons. By coupling that with our advanced technology, we can ensure early intervention for each case, thus minimizing the impact of workplace accidents for all parties involved,” said CEO Joe Rubinsztain.
“This new capital will allow us to develop our technology platform further and build on the success we’ve already seen with our client in improving the recovery process for injured workers while bringing down the costs for employers.”
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