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Zipari raises $22.5M in funding round

Brookyln, N.Y.-based Zipari Inc. raised $22.5 million in series B funding.

The funding round was led by Vertical Venture Partners, with participation from Health Velocity Capital, Horizon Healthcare Services Inc. and CareFirst BlueCross BlueShield's healthcare investment and innovation unit, Healthworx.

The proceeds will be used to widen distribution channels, expand partner integrations and scale the development of Zipari's product lines.

Zipari offers cloud-based consumer experience technology and applications for the health insurance industry.