Angle Well being Raises $58M for Digital-First Well being Insurance coverage

Angle Health Raises $58M for Digital-First Health Insurance

What You Ought to Know:

Angle Health, a digital first medical insurance provider raises $58M in Sequence A funding, making medical insurance extra handy, approachable, and inexpensive for employers and members. The spherical was led by Portage with participation from PruVen Capital, Wing Venture Capital, SixThirty Ventures, Mighty Capital, Wormhole Capital, Mindset Ventures, Crew Capital, Aloft VC, and Pilot founder Waseem Daher; and help from current traders Blumberg Capital, Correlation Ventures, TSVC, and Y Combinator.

– Launched in 2021, Angle Well being is bridging the divide between medical insurance, conventional healthcare suppliers, digital well being, and wellness by bringing these disparate level options right into a cohesive ecosystem.

Well being Insurance coverage for the Trendy Worker

Co-founded by former Palantir engineers, CEO Ty Wang and CTO Anirban Gangopadhyay in 2021, Angle Well being was born out of the duo’s frustration with their private healthcare experiences. Angle Well being is a full-stack medical insurance provider delivering complete healthcare advantages tailor-made to startups and know-how firms. Powered by its built-in, AI-enabled know-how platform, Angle Well being offers a digital-first care navigation expertise with its totally tailor-made complete healthcare profit plans for employers. Telemedicine, behavioral well being, and different digital well being options – usually sitting exterior of the standard medical insurance setting – are core choices built-in into all Angle Well being plans at minimal to no price for members.

Angle Well being’s insurance coverage insurance policies are reinsured by an insurer with a monetary energy ranking of A+ from each A.M. Finest and Normal & Poor’s. With tens of 1000’s of members throughout states, and entry to a nationwide community of healthcare suppliers and services, high employers, and a rising roster of brokers and companies, together with NFPGallagherGBS/LeavittAon, and Hub, are selecting Angle Well being as their healthcare insurance coverage and advantages supplier.

Key Advantages for Members, Staff, Brokers

Employers, brokers, and members profit from Angle Well being’s unified well being advantages companies:

For Members

– Personalised, mobile-first member engagement: Angle Well being meets members wherever they’re on their journey. Angle’s chat-first cellular app is a real associate in care. Whether or not a member has a query about suppliers within the community, service prices, or how one can navigate a medical concern, Angle Well being is all the time there to take away the burden of entry and navigation.

– Entry to board-certified physicians, psychiatrists, psychologists, and therapists is all the time obtainable, anytime and anyplace. On-demand pharmacy advantages are provided by a broad community of pharmacies alongside handy choices for house supply.

– Concierge medical administration:  Angle Well being medical groups information members on their on a regular basis well being questions, together with acute and persistent wants, with one-on-one medical help. Angle nurses prioritize a multidisciplinary strategy, guaranteeing an individualized, tech-forward medical wellness expertise.

For Employers and Brokers

– Absolutely customizable advantages packages to fulfill the wants of every employer and their workers

– On the spot quoting and aggressive pricing throughout conventional ACA Small Group plans, level-funded options, and fully-insured Massive Group products2

– Streamlined plan administration, delivering seamless worker enrollment and engagement, totally built-in with advantages administration and payroll