Frontier Direct Care, a leading innovator in employer-funded healthcare, announced the initial closing of its $20 million Series B funding round, led by Mehshah Capital. This funding will accelerate the company’s mission to transform healthcare by delivering affordable and high-quality care to employees and their families.
Frontier Direct Care provides a comprehensive suite of solutions to improve health outcomes while reducing costs. And the company’s services include direct primary care, virtual care, referral navigation / direct contracting, and a prescription plan – all integrated through a proprietary technology platform. By removing traditional barriers like co-pays, deductibles, and administrative complexities, Frontier enhances access to care and reduces downstream expenses. Key strategies include:
— Producing significant savings on healthcare spend and passing them directly to employers.
— Delivering care in the most appropriate settings.
— Reducing unnecessary healthcare utilization.
— Negotiating direct cash-pay rates with providers.
In the past two years, the company has expanded its membership base by over 10x. It now serves more than 100 employer customers, such as municipalities, school districts and private employers, all of whom face rising healthcare costs. In the first half of 2025, Frontier plans to open new clinics in Dallas, Austin, and Houston.
As part of the Series B funding round, Frontier welcomes three new board members: 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.
KEY QUOTES:
“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.”
– Bibb Beale, CEO of Frontier Direct Care
“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.”
– Gaurav Mehta, Managing Partner at Mehshah Capital
