Collective Health

Collective Health

Healthcare benefits platform for employers

About Collective Health

Simplify's Rating
Why Collective Health is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Financial Services

Healthcare

Company Size

501-1,000

Company Stage

Series F

Total Funding

$694.5M

Headquarters

San Francisco, California

Founded

2013

Overview

Collective Health provides a platform designed to enhance the healthcare experience for individuals and employers. This platform simplifies the management of health benefits by integrating various health insurance plans, wellness programs, and health-related services into one user-friendly interface. Employers utilize this platform to offer better healthcare options to their employees, which helps make the healthcare process more transparent and accessible. Unlike many competitors, Collective Health focuses on reducing administrative costs and improving employee satisfaction through a comprehensive approach to health benefits management. The company's goal is to create a supportive and inclusive environment for both its employees and the diverse member base it serves.

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Simplify's Take

What believers are saying

  • Expansion into Texas with a new office in Plano boosts regional presence.
  • Increased investment in data and analytics enhances member experience and clinical navigation.
  • Growing demand for telehealth and mental health benefits aligns with market trends.

What critics are saying

  • Recent layoffs may negatively impact company morale and public perception.
  • Expansion into Texas could strain resources and operational capacity.
  • Increased competition in digital health benefits space may erode market share.

What makes Collective Health unique

  • Collective Health integrates medical, dental, vision, and pharmacy benefits into one platform.
  • The company offers a first-of-its-kind tool, The Partner Collective™, for benefits insights.
  • Focus on diversity and inclusion enhances service to a diverse member base.

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Funding

Total Funding

$694.5M

Above

Industry Average

Funded Over

6 Rounds

Series F funding comparison data is currently unavailable. We're working to provide this information soon!
Series F Funding Comparison
Coming Soon

Benefits

Medical, dental, and vision plans

Flexible time off

Life insurance

Retirement plan

Paid time off

Maternity & paternity leave

Free lunch and snacks

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
Castle Placement
Dec 18th, 2024
Top 10 HR Tech Capital Raises in the U.S. - December 1st-15th, 2024

Collective Health, developer of a cloud-based self-insurance platform designed to evolve how health benefits work, raised venture funding from MSA Novo.

Dallas Innovates
Apr 24th, 2024
San Francisco-Based Collective Health Expands to Texas with 100-Employee Office in Plano

San francisco-based Collective Health expands to Texas with 100-employee office in Plano.

Community Impact
Apr 23rd, 2024
Collective Health opens new Plano office in Granite Park

Collective Health opens new Plano office in Granite Park.

A. Smith Gallery
Dec 14th, 2023
"The Fortress Walls Whispered Back" by Ralph Maratta | Awards Collective Gallery Talk

The Awards Collective was created to feature the works of artist who have received either a Juror's Award or Director's Award in ASG's Online exhibitions.

A. Smith Gallery
Oct 27th, 2023
"Notes from the Universe" by Jo Fields | Awards Collective GalleryTalk

The Awards Collective was created to feature the works of artist who have received a Juror's Award in ASG's Online exhibitions.

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