Sana Benefits Closes $20.8M Series A Funding Round to Disrupt the ‘Big 5’ Health Insurance Monopoly
09/10/20, 11:08 AM
Location
austin
Money raised
$20 million
Round Type
series a
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 Info
Location
austin, texas, united states
Additional Info
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.