Turquoise Health, a price transparency startup for health care, has collected $20 million in Series A funding led by Andreessen Horowitz, Axios has learned.
Existing investors Bessemer and Box Group participated in the round, with Tiger Global joining as a new investor.
Why it matters: Prices for health care services have historically been kept secret, but new laws mandating rate disclosures unlock new possibilities around what Turquoise envisions as the 'pre-revenue cycle'.
