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The health insurance industry is seeing new companies focused on using technology to give people more control over their healthcare choices.
For example, Sidecar Health has raised $328M to improve price transparency. Meanwhile, newer companies like eSSENTL Creator are building benefit platforms for niche markets like content creators.
Below is our list of 44 Health Insurance startups worth keeping an eye on.
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Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
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Get the Sheet for $50Nayya builds a benefits experience platform that uses data to help employees make more informed decisions about their health insurance and financial plans. Their software provides personalized guidance to help people better understand and use their workplace benefits throughout the year.
Justworks offers an all-in-one platform for businesses to manage payroll, benefits, HR, and compliance. Their software simplifies these back-office operations, allowing entrepreneurs to focus on growing their team and business.
League offers a consumer experience platform that helps companies manage their employee health and benefits programs. The technology unifies disparate health services, insurance plans, and wellness resources into a single front door for employees.
Chapter built a technology platform to help older adults navigate the process of choosing a Medicare plan. Their licensed advisors use the platform to search every available plan and provide personalized, unbiased recommendations at no cost.
Sidecar Health offers a unique health insurance model that gives members price transparency and control over their healthcare spending. Their model gives members the tools and financial incentives to shop for medical care like they would for any other service.
b.well Connected Health provides a digital platform that consolidates an individual's health information from various sources into one secure place. The service aggregates data from doctors, insurance plans, pharmacies, and labs to give users a complete picture of their health history.
SureCo builds a health tech platform that helps employers offer benefits through Individual Coverage Health Reimbursement Arrangements (ICHRA). The company's technology is designed to give employees more choice in their health plans while reducing overall costs.
Catch builds a portable benefits platform for freelancers and independent workers. Their service helps users automatically manage tax withholding, retirement savings, and health insurance, simplifying the financial complexities of self-employment.
eSSENTL Creator built a platform to give content creators access to health insurance and HR benefits. The service handles essential but complex needs like payroll, compliance, and bookkeeping for self-employed professionals.
Rula operates a behavioral health platform that connects individuals with licensed therapists who accept their insurance. Their solution simplifies the process of finding care, making quality mental healthcare more accessible and affordable.
Our top ten picks offer a glimpse into a busy and growing field. The companies below have raised more than $4.5 billion combined, with many using AI to build new tools for healthcare.
From early-stage ventures to companies scaling quickly, founders are tackling health insurance from every angle. Here are the other startups to watch as they continue to grow.
| Startup | Main Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| InsurTech | 2016 | $458M | Undisclosed | |
| AI | 2020 | $12M | Undisclosed | |
| Healthcare | 2015 | $170M | Private Equity | |
| AI | 2020 | $27.2M | Debt Financing | |
| AI | 2022 | $23.2M | Series A | |
| Healthcare | 2017 | $2.3B | Series E | |
| Analytics | 2017 | $14.7M | Series B | |
| Infrastructure | 2020 | $33.1M | Series B | |
| Healthcare | 2019 | $216.3M | Series C | |
| Media | 2018 | $47.1M | Series B | |
| Infrastructure | 2019 | $4.1M | Seed | |
| InsurTech | 2016 | $354.5M | Venture Round | |
| Healthcare | 2013 | $218.5M | Debt Financing | |
| Enterprise | 2020 | $66.1M | Series B | |
| Enterprise | 2019 | $20.6M | Series A | |
| InsurTech | 2018 | $38.8M | Venture Round | |
| Healthcare | 2003 | €158.7M | Private Equity | |
| AI | 2018 | €14M | Seed | |
| Fintech | 2019 | €10M | Seed | |
| Healthcare | 2021 | $10.8M | Series A | |
| Biotech | 2015 | €7.3M | Venture Round | |
| Healthcare | 2015 | $54.9M | Venture Round | |
| AI | 2016 | CN¥450M | Series C | |
| Fintech | 2016 | $666M | Series F | |
| Healthcare | 2014 | $7.4M | Series A | |
| Enterprise | 2020 | €7M | Seed | |
| InsurTech | 2021 | $2.4M | Seed | |
| InsurTech | 2003 | $128M | Corporate Round | |
| AI | 2012 | €45M | Series B | |
| AI | 2020 | €872k | Pre-Seed | |
| Healthcare | 2020 | £750k | Series A | |
| InsurTech | 2020 | PLN3.8M | Seed | |
| InsurTech | 1994 | — | — | |
| Fintech | 1945 | — | — |
