Kashable Funding, Investors & Competitors

UnitedHealth Group is one of the largest private health insurers and provides medical benefits to about 51 million members globally, including 1 million outside the US as of December 2024. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in medical insurance. Along with its insurance assets, UnitedHealth's Optum franchises help create a healthcare services colossus that spans everything from pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

Molina Healthcare Inc provides medical insurance plans through Medicaid, the individual exchanges, and Medicare. The company operates in four reportable segments consisting of: 1) Medicaid; 2) Medicare; 3) Marketplace; and 4) Other. It manages health benefit risks for more than 5 million people, with more than 85% of those members coming through contracts with state governments for their Medicaid programs. Medicaid contracts in four states-California, New York, Texas, and Washington-account for over half of its enrollees.

HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. It provides payment processing services, personalized benefit information, the ability to earn wellness incentives, and investment advice to grow their tax-advantaged healthcare savings. It manages consumers' tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and administers Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It also provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.

WEX Inc is a commerce platform that provides seamlessly embedded, personalized payments solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Its prime end market is the United States of America.

Benefit Systems SA is Poland based company which is engaged in providing work benefits in the area of sport, recreations, culture and entertainment. Its products portfolio includes MultiSport Plus card, program that allows access to the sport and recreation clubs and multi-purpose facilities as well as Mybenefit, Benefitlunch, Multibilet, Multikafeteria and others.

Spring Health is a New York-headquartered provider of mental health benefits for employers and health plans. Its Precision Mental Healthcare platform matches employees to therapies, coaching, medication management, or digital programs using clinical data. The company serves Fortune 500 firms and insurance carriers, operating in the US with tools for depression, anxiety, and stress treatment.

Judi Health is a health technology company streamlining pharmacy benefit management through a transparent pricing model and clearinghouse platform. It processes millions of prescriptions annually for self-insured employers, reducing drug costs by negotiating directly with pharmacies and PBMs nationwide. Headquartered in New York, the firm integrates with electronic health records to improve adherence and outcomes in employer-sponsored plans.

Chapter is a Brooklyn-headquartered Medicare navigation platform assisting seniors with health coverage selection. It evaluates all plan options from insurers like UnitedHealthcare and Humana to recommend coverage matching individual needs at lowest costs. The service employs independent advisors free from carrier commissions to align recommendations with consumer interests.

Garner Health is a New York-headquartered healthcare technology company delivering bundled payment solutions to employers. The platform facilitates direct access to high-quality physicians at reduced costs, improving employee care experiences nationwide. Garner partners with self-insured employers to manage medical spend through transparent pricing models for procedures like orthopedics, cardiology, and radiology. Launched in 2018, it processes claims across multiple states, emphasizing compliance and data analytics for healthcare savings.

Clover Health Investments Corp is a healthcare technology company. It focuses on empowering Medicare physicians to proactively manage chronic diseases through its proprietary software platform, Clover Assistant. This cloud-based solution provides personalized insights to physicians, enabling early detection and management of chronic conditions. It operates in one segment: Insurance, through which it offers PPO and HMO plans to Medicare Advantage members in several states.

Wellhub is a São Paulo-headquartered corporate wellness platform formerly known as Gympass, serving over 2000 companies worldwide. The service connects employees to 50,000 gyms, studios, and apps in 14 countries, promoting physical activity to boost engagement and performance.

Pluxee NV is a company providing employee benefits and engagement. The company offers products and services focused on their real daily needs from meal orders to expense reports and well-being. The company's operating segments include: Continental Europe; Latin America; and Rest of the world. It derives maximum revenue from Continental Europe. Geographically, the company derives maximum revenue from Brazil.

Transcarent is a health benefits navigation platform connecting employees to primary care, mental health, and specialty services. The service integrates with self-insured employer plans to provide virtual consultations via partnerships with One Medical and Lyra Health. Users access bundled episodes of care for orthopedics, cardiology, and maternity starting at fixed copays. Backed by investors including Andreessen Horowitz, Transcarent operates nationwide from its San Francisco headquarters.

Progyny Inc is a benefits management company specializing in fertility, family building, and women's health benefits solutions. Its clients include employers across various industries. The fertility benefits solution consists of treatment services (Smart Cycles), access to the Progyny network of high-quality fertility specialists that perform the Smart Cycle treatments, and active management of the selective network of high-quality provider clinics.

Thyme Care is a New York-based oncology care management company partnering with health plans to deliver integrated support for cancer patients. The platform coordinates navigation, symptom management, psychosocial care, and financial assistance across 20 US states. Thyme Care's clinicians collaborate with oncologists at over 100 provider sites, using data analytics to personalize care journeys for members of payers like Aetna and Cigna. Founded in 2020, the company has enrolled thousands of patients in its whole-person care model.

DailyPay is a payroll platform enabling employees to access earned wages on-demand before payday. It integrates with employer systems to promote financial wellness, retention, and engagement across various industries.

Pomelo Care is a San Francisco-headquartered provider of virtual maternity care serving employers and health plans nationwide. The company offers 24/7 clinical support from preconception through the infant's first year, combining telemedicine with in-person doula visits. Pomelo employs data analytics to manage risks in high-need pregnancies, partnering with commercial insurers and Medicaid programs to enhance maternal health outcomes.

Main Street Health is a value-based healthcare company, founded in 2021 and based in Nashville, Tennessee, that partners exclusively with rural primary care clinics in the United States. It places Health Navigators inside partner clinics and provides data and tools that help those clinics manage Medicare patients under value-based care, working with clinics that on average have 2.5 providers in towns of 3,000 to 5,000 people. The company has reported improvements in quality scores alongside reductions in hospitalizations and medical costs among the patient populations it serves.