Collective Health

Collective Health

Healthcare benefits management platform for employers

About

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 a single interface. Employers utilize this platform to offer better healthcare options to their employees, which helps make the healthcare process more transparent and user-friendly. 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.

Company Stage

Series F

Employees

501-1,000

Industries

Financial Services, Healthcare

Total Funding

$694.5M

Headquarters

San Francisco, California

Founded

2013


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Simplify's Take

What believers are saying

  • Telehealth integration allows remote and convenient healthcare access for employees.
  • AI-powered health insights can significantly reduce healthcare costs by 2026.
  • Data-driven decision making improves health benefits and employee wellness offerings.

What critics are saying

  • Increased competition from new digital health entrants may erode market share.
  • Recent layoffs could impact company morale and client trust.
  • Expansion into Texas may strain resources and operational capacity.

What makes Collective Health unique

  • Collective Health integrates medical, dental, vision, and pharmacy benefits into one platform.
  • The Partner Collective™ offers unique insights for benefits leaders and brokers.
  • Focus on diversity and inclusion enhances service to a diverse member base.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

5%

2 year growth

0%

Benefits

Medical, dental, and vision plans

Flexible time off

Life insurance

Retirement plan

Paid time off

Maternity & paternity leave

Free lunch and snacks

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