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Chapter Acquires Ridgeway to Expand Leadership Position in AI and Transform Retirement for American Seniors

  • Chapter is the leading provider of unbiased Medicare guidance nationwide
  • This acquisition will enable Chapter to continue providing the most accurate Medicare guidance and will assist in building other applied AI products to support consequential decisions in retirement
original Hamza Mostafa

Hamza Mostafa

NEW YORK--(BUSINESS WIRE)--Chapter, the leading provider of unbiased Medicare guidance for seniors, announced today that it has acquired Ridgeway, an applied AI startup founded by Hamza Mostafa. Mr. Mostafa and members of Ridgeway’s engineering team will join Chapter to build AI products that serve the needs of retirees.

Older Americans are poorly served by the tech industry today, but we’re committed to changing that.

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“Hamza and his team are exceptional, and we need the very best engineers to keep building the very best products for seniors,” said Cobi Blumenfeld-Gantz, CEO and Co-Founder of Chapter. “Older Americans are poorly served by the tech industry today, but we’re committed to changing that.”

Chapter currently uses AI to ensure that its advisors ask the right questions and surface the right answers for seniors seeking Medicare guidance. Its backend AI workflows have enabled the company to scale by several multiples every year while keeping corporate headcount nearly flat.

“Seniors are the most skeptical demographic when it comes to AI, but they also have the most to gain from advances in technology,” said Mostafa. “Chapter has built enormous trust through its accurate and ethical Medicare guidance and I’m excited to build additional product offerings that serve the needs of our elders.”

Prior to founding Ridgeway, Mostafa built and evaluated frontier agent systems, including ChatGPT Agent and ChatGPT Deep Research, at OpenAI. Ridgeway previously raised $2.8 million in venture funding from Emergence Capital and Susa Ventures.

About Chapter

Chapter offers the leading Medicare navigation platform in the United States, helping older Americans choose the right healthcare coverage with confidence. Its AI-native platform enables its licensed advisors to deliver personalized, unbiased recommendations.

Chapter partners with leading organizations nationwide to assist the seniors they serve with one of the most important decisions in retirement. Learn more at chapter.com.

Contacts

Media Contact
Paul Davis
paul@getchapter.com

Industry:

Chapter

Details
Headquarters: New York, New York
CEO: Cobi Blumenfeld-Gantz
Employees: 300+
Organization: PRI
Release Versions
English

Contacts

Media Contact
Paul Davis
paul@getchapter.com

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