Sana Secures $20M In Series A Extension Funding To Break Up The ‘Big 5’ Health Insurance Monopoly

Oct 26, 2021•over 3 years ago

Amount Raised

$20 Million

Round Type

series a

Austin

Description

Sana, a provider of health insurance for small and midsize businesses, announced today the closing of $20M in series A extension funding. Sana offered this extension to strengthen ties with existing lead investor Gigafund and to bring in several new strategic partners, including American Family Ventures, Breyer Capital, JAM Fund, and Harmon Brothers Ad Ventures. Existing investors, including Trust Ventures and mark vc, also joined the round.

Company Information

Company

Sana

Location

Austin, Texas, United States

About

Sana provides small and midsize businesses with Fortune 500-level healthcare at prices they can afford. Sana is reducing the cost of high-quality care through value-based care, the Sana Care ecosystem of world-class providers, direct primary care, and more. Sana is making it easier than ever to administer benefits for employers and offers simplified health plans and top-notch customer service to employees. Sana provides a total healthcare solution to small and midsize businesses that drives down costs while simultaneously delivering an exceptional quality of care.

Funding Insights

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Sana Secures $20M In Series A Extension Funding To Break Up The ‘Big 5’ Health Insurance Monopoly

Description

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Funding Insights

Company Information