Flexible stipends for employee health insurance
Company was acquired
Event Year: 2020
Company was acquired
Event Year: 2020
Savvy provided a novel health benefits solution, empowering employees with payment cards to directly purchase their own health insurance plans. As an early entrant following regulatory changes, Savvy achieved significant traction, processing tens of millions of dollars in transactions and extending its reach across all 50 state health insurance markets. The company garnered support from prominent investors, including Y Combinator, Marc Andreessen, and the founders of One Medical and Indeed, underscoring its potential and innovative approach. In 2022, Savvy was acquired by Take Command, a leading player in the Health Reimbursement Arrangement (HRA) sector, marking a successful exit and integration into an established industry leader.
Savvy provided a novel health benefits solution, empowering employees with payment cards to directly purchase their own health insurance plans. As an early entrant following regulatory changes, Savvy achieved significant traction, processing tens of millions of dollars in transactions and extending its reach across all 50 state health insurance markets. The company garnered support from prominent investors, including Y Combinator, Marc Andreessen, and the founders of One Medical and Indeed, underscoring its potential and innovative approach. In 2022, Savvy was acquired by Take Command, a leading player in the Health Reimbursement Arrangement (HRA) sector, marking a successful exit and integration into an established industry leader.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2020
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2020
Fintech
Fintech
Fintech -> Insurance
Fintech -> Insurance
Team size: 12
Hiring: No
Team size: 12
Hiring: No