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 a single interface. Employers utilize this platform to offer better healthcare options to their employees, which makes 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.

Simplify's Take

What believers are saying

• Increased demand for digital health solutions boosts Collective Health's market potential.
• Expansion into Texas with a new office supports growth and regional presence.
• Experienced leadership appointments strengthen client success and financial management.

What critics are saying

• Increased competition in digital health benefits may erode market share.
• Recent layoffs could negatively impact company morale and public perception.
• 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 data and analytics enhances member experience and clinical navigation.

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Funding

Total Funding

$694.5M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:

Founders FundSoftBankNew Enterprise Associates

Notable Investors:

Founders FundSoftBankNew Enterprise Associates

$280,000,000

Series F

May 2021

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

Series F Funding Comparison

Coming Soon

View all funding stages