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Sana Benefits Closes $20.8M Series A Funding Round to Disrupt the ‘Big 5’ Health Insurance Monopoly

Sep 10, 2020almost 5 years ago

Amount Raised

$20 Million

Round Type

series a

Austin

Description

Sana Benefits, the provider of self-funded health insurance for small businesses, today announced the closing of $20.8 million in Series A funding led by Gigafund. Additional investors in the round include Trust Ventures and mark vc.

Company Information

Company

Sana Benefits

Location

Austin, Texas, United States

About

Sana Benefits brings self-funded plans and fair-market healthcare pricing to the nation’s 28 million small businesses. A comprehensive benefits provider that transcends the network model, Sana Benefits reduces health insurance rates and bolsters benefits. The platform covers health, vision, dental, telemedicine and maternity, in addition to benefits like ClassPass. Sana Benefits is based in Austin, Texas, with coverage in Texas and Kentucky and expanding to new states every year. Visit us at SanaBenefits.com.

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