Top 31 Startups in the Health Insurance Industry

Updated:

March 26, 2022

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Countless Health Insurance startups are being launched every day.

Many fail because they did not learn from the success of other companies who've managed to rise above.

We just published this list of 31 well-known and fast-growing Health Insurance companies that impressed investors.

31 Health Insurance Startups

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2,658 Accelerators & Incubators

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1,016 Unicorns

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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50

1) Bright Health

Bright Health is working on a health insurance platform that will provide a high-quality healthcare experience.

Details of the startup:

Country: United States
City: Minneapolis
Started in: 2015
Founders: Kyle Rolfing, Robert John Sheehy, Tom Valdivia
Number of employees: 501-1000
Funding amount: $1,575,000,000
Number of funding rounds: 5
Number of investors: 17

You can find their website here.

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2) MediBuddy

MediBuddy is a digital healthcare platform that offers inpatient and outpatient hospitalization, as well as corporate wellness benefits.

Details of the startup:

Country: India
City: Bengaluru
Started in: 2000
Founders: Satish Kannan
Number of employees: 1001-5000
Funding amount: $67,132,379
Number of funding rounds: 5
Number of investors: 12

You can find their website here.

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3) Nayya

Nayya is a platform for managing and experiencing insurance benefits that addresses health plan issues.

Details of the startup:

Country: United States
City: New York
Started in: 2019
Founders: Akash Magoon, Sina Chehrazi
Number of employees: 11-50
Funding amount: $50,700,000
Number of funding rounds: 3
Number of investors: 13

You can find their website here.

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4) Collective Health

Collective Health is a corporation that offers a non-traditional health insurance option.

Details of the startup:

Country: United States
City: San Francisco
Started in: 2013
Founders: Ali Diab, Rajaie Batniji
Number of employees: 501-1000
Funding amount: $719,000,000
Number of funding rounds: 6
Number of investors: 29

You can find their website here.

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5) Vim

Vim is a technology firm that creates digital infrastructure for the healthcare industry.

Details of the startup:

Country: United States
City: San Francisco
Started in: 2015
Founders: Asaf David, Oron Afek, Yael Peled
Number of employees: 51-100
Funding amount: $71,900,000
Number of funding rounds: 4
Number of investors: 8

You can find their website here.

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6) Bicycle Health

Bicycle Health is a virtual addiction care clinic that specializes in the treatment of opioid addiction.

Details of the startup:

Country: United States
City: San Francisco
Started in: 2017
Founders: Ankit Gupta
Number of employees: 1-10
Funding amount: $32,276,131
Number of funding rounds: 2
Number of investors: 5

You can find their website here.

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7) Plum

Health insurance and perks of high quality

Details of the startup:

Country: India
City: Bengaluru
Started in: 2019
Founders: Abhishek Poddar, Saurabh Arora
Number of employees: 11-50
Funding amount: $20,645,163
Number of funding rounds: 5
Number of investors: 23

You can find their website here.

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8) Catch

Catch is a new type of personal safety net that is both accessible and affordable.

Details of the startup:

Country: United States
City: Boston
Started in: 2017
Founders: Andrew Ambrosino, Kristen Anderson
Number of employees: 11-50
Funding amount: $17,649,495
Number of funding rounds: 5
Number of investors: 17

You can find their website here.

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9) Turtlemint

Turtlemint is an insurtech platform that helps people find and buy the right insurance products.

Details of the startup:

Country: India
City: Mumbai
Started in: 2015
Founders: Anand Prabhudesai, Dhirendra Mahyavanshi, Kunal Shah
Number of employees: 251-500
Funding amount: $77,000,000
Number of funding rounds: 5
Number of investors: 10

You can find their website here.

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10) Sidecar Health

Sidecar Health is an insurtech firm that offers a customizable health insurance platform.

Details of the startup:

Country: United States
City: El Segundo
Started in: 2018
Founders: Patrick Quigley, Veronica Osetinsky
Number of employees: 51-100
Funding amount: $163,000,000
Number of funding rounds: 3
Number of investors: 11

You can find their website here.

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11) GoBear

GoBear is an insurance, credit card, and loan comparison service.

Details of the startup:

Country: Singapore
City: Singapore
Started in: 2014
Founders: Frank Stevenaar, Ivonne Bojoh, Marnix Zwart
Number of employees: 101-250
Funding amount: $97,000,000
Number of funding rounds: 2
Number of investors: 2

You can find their website here.

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12) Coverfox Insurance

Coverfox Insurance is an insurtech company that offers simple online insurance brokerage services.

Details of the startup:

Country: India
City: Mumbai
Started in: 2013
Founders: Devendra Rane, Varun Dua
Number of employees: 501-1000
Funding amount: $51,250,370
Number of funding rounds: 6
Number of investors: 13

You can find their website here.

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13) Star Health and Allied Insurance

Medical Insurance, Accident Insurance, and Travel Insurance Plans are all available from Star Health and Allied Insurance.

Details of the startup:

Country: India
City: Nungambakkam
Started in: 2006
Number of employees: 1001-5000
Funding amount: $173,773,498
Number of funding rounds: 3
Number of investors: 6

You can find their website here.

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14) Infermedica

Infermedica is a leading digital health startup that specializes in AI-powered pre-diagnosis and patient triage solutions.

Details of the startup:

Country: Poland
City: Wroclaw
Started in: 2012
Founders: Irving Loh, Piotr Orzechowski, Roberto Sicconi
Number of employees: 51-100
Funding amount: $14,950,000
Number of funding rounds: 9
Number of investors: 10

You can find their website here.

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15) Alice

Alice is a tech-driven healthcare firm that uses B2C health insurance to help people live better lives.

Details of the startup:

Country: Brazil
City: Sao Paulo
Started in: 2019
Founders: André Florence, Guilherme Azevedo, Matheus Moraes
Number of employees: 101-250
Funding amount: $47,800,000
Number of funding rounds: 3
Number of investors: 5

You can find their website here.

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16) ottonova

ottonova is a new digital health insurance company in Germany.

Details of the startup:

Country: Germany
City: Munich
Started in: 2015
Founders: Frank Birzle, Roman Rittweger, Sebastian Scheerer
Number of employees: 101-250
Funding amount: € 85,000,000
Number of funding rounds: 4
Number of investors: 6

You can find their website here.

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17) Artivatic.ai

Artivatic's patent-pending technology helps insurance companies tackle problems like onboarding, fraud, risk profiling, underwriting, and claims.

Details of the startup:

Country: India
City: Bengaluru
Started in: 2018
Founders: Layak Singh
Number of employees: 51-100
Funding amount: $1,153,010
Number of funding rounds: 6
Number of investors: 8

You can find their website here.

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18) PolicyBazaar

PolicyBazaar is a financial product comparison website that specializes in life insurance and general insurance.

Details of the startup:

Country: India
City: Gurgaon
Started in: 2008
Founders: Alok Bansal, Avaneesh Nirjar, Manoj Sharma, Tarun Mathur, Yashish Dahiya
Number of employees: 10001+
Funding amount: $766,600,000
Number of funding rounds: 13
Number of investors: 22

You can find their website here.

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19) Elma

Using technology and running an insurance company, Elma makes healthcare access a patient-centric and completely customized experience.

Details of the startup:

Country: Spain
City: Barcelona
Started in: 2017
Founders: Albert Malagarriga, Miguel Antón
Number of employees: 11-50
Funding amount: € 7,100,000
Number of funding rounds: 3
Number of investors: 7

You can find their website here.

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20) Toffee Insurance

Toffee Insurance is a one-stop shop for all of your insurance needs.

Details of the startup:

Country: India
City: Gurgaon
Started in: 2017
Founders: Nishant Jain, Rohan Kumar
Number of employees: 51-100
Funding amount: $7,100,000
Number of funding rounds: 4
Number of investors: 6

You can find their website here.

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21) TeleClinic

TeleClinic is a communication technology that allows doctors and patients to communicate easily and securely across Germany.

Details of the startup:

Country: Germany
City: Munich
Started in: 2015
Founders: Katharina Juenger, Patrick Palacin, Reinhard Meier
Number of employees: 11-50
Funding amount: € 9,000,000
Number of funding rounds: 2
Number of investors: 2

You can find their website here.

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22) AppMan

AppMan is a leading insurtech for life insurance in Thailand and the Asian market, offering technologies to improve sales experience.

Details of the startup:

Country: Thailand
City: Huai Khwang
Started in: 2011
Founders: Amarit Franssen, Nuttapon Kongkitimanon, Pak Rattidham, Thanapoom Chareonsiri
Number of employees: 101-250
Funding amount: THB139,000,000
Number of funding rounds: 1
Number of investors: 5

You can find their website here.

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