Frontier Direct Care Secures $20 Million in Series B Funding
Frontier Direct Care, a pioneering company in the field of employer-funded healthcare, has recently announced the initial closing of its $20 million Series B funding round. This significant investment, led by Mehshah Capital, is set to accelerate the company’s mission to transform the healthcare landscape by delivering accessible, affordable, and high-quality care to employees and their families.
At the core of Frontier Direct Care’s innovative approach is a comprehensive suite of solutions designed to improve health outcomes while reducing costs. The company’s services include direct primary care, virtual care, referral navigation/direct contracting, and a prescription plan, all seamlessly integrated through a proprietary technology platform. By eliminating traditional barriers such as co-pays, deductibles, and administrative complexities, Frontier Direct Care enhances access to care and reduces downstream expenses.
Key strategies employed by the company include producing significant savings on healthcare spend and passing them directly to employers, delivering care in the most appropriate settings, reducing unnecessary healthcare utilization, and negotiating direct cash-pay rates with providers. Over the past two years, Frontier Direct Care has expanded its membership base by over 10 times and now serves more than 100 employer customers, including municipalities, school districts, and private employers, all of whom face rising healthcare costs.
In the first half of 2025, Frontier Direct Care plans to open new clinics in Dallas, Austin, and Houston, further expanding its footprint and enhancing services. This strategic expansion is made possible by the recent funding, which also welcomes three new board members to the company: Richard Barasch, former Chairman and CEO of Universal American Corporation and Founder of RAB Ventures; Eric Bricker, M.D., Co-Founder of Compass Professional Health Services; and Gaurav Mehta, Founder and Managing Partner of Mehshah Capital.
Bibb Beale, CEO of Frontier Direct Care, emphasized the significance of this funding, stating, “At Frontier Direct Care, we are reimagining how healthcare is delivered and paid for. This funding, led by Mehshah Capital, enables us to expand our footprint, enhance services, and continue delivering exceptional care to our growing membership.”
Gaurav Mehta, Managing Partner at Mehshah Capital, echoed this sentiment, noting, “The current employer-funded healthcare system is unsustainable. Frontier Direct Care is disrupting this status quo with an innovative model that improves access, elevates quality of care, and lowers costs. We’re excited to support Frontier in its next phase of growth.”
Frontier Direct Care’s commitment to transforming employer-sponsored healthcare is evident in its integrated, technology-enabled platform that combines direct primary care, virtual care, referral navigation/direct contracting, and a prescription plan to improve quality of care and reduce costs. With this substantial funding and strategic expansion, the company is poised to continue delivering high-quality, affordable care to its growing membership base.
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