Funding

CarePay funding news – Amsterdam-based CarePay Raises €5Million in Fresh Funding

Apr 18, 2025 | By Startuprise

CarePay funding news - Amsterdam-based CarePay Raises €5Million in Fresh Funding

CarePay, a leading partner in transforming health insurance in East Africa and the MENA region, has secured €5 million in new funding from Invest International. Invest International joins Reinsurance Group of America, Incorporated (RGA) and the Health Insurance Fund (HIF), backed by the Dutch Ministry of Foreign Affairs, in their recent investment in CarePay announced last year.

Proven Technology. Real Impact.

CarePay helps health insurers and Third-Party Administrators to digitize and personalize their end-to-end operations at scale —across pricing, products, experiences, and care access.

The platform combines real-time, granular data with AI to automate claims, detect fraud, and unlock deeper insights into member needs. By connecting payers, providers, and members in real time, CarePay helps insurers reduce costs, improve access to care, and deliver tailored experiences across the full insurance lifecycle.

Read also - EcoDataCenter funding news – EcoDataCenter Secures €450 Million in Funding

Future-Proof Tech. Unlocking Growth.

Pieter Prickaerts, CEO of CarePay said, “Digital and AI transformation in health insurance is no longer optional—it’s a must, This investment helps us support insurers in building smarter, more profitable portfolios. It means better access to care and more personalized solutions for members.”

Eelco Benink, Head of Equity of Invest International said, “CarePay makes health insurance more affordable, accessible, and personalized—particularly in countries where the healthcare insurance landscape is fragmented, We’re proud to support a company that is transforming healthcare access with Dutch tech at its core.”

CarePay’s next-gen platform sets itself apart as a catalyst for transformation in health insurance. It equips insurers with the high-quality, real-time, granular data needed to activate AI—establishing a strong foundation for predictive insights, adaptive member engagement, and the flexibility to connect with other tools and technologies.

About CarePay

CarePay, With a mission to provide healthcare access to more people worldwide, CarePay addresses the fundamental data access and data quality challenges faced by health insurers and their insured members. In an era where AI is disrupting industries, access to high-quality data is essential.

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