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CrowdHealth

Cost-sharing healthcare platform with membership

Overview

CrowdHealth offers a community-based cost-sharing approach to paying for healthcare instead of traditional health insurance. Members join a platform with a membership fee, and eligible medical costs are shared within the group, with the platform providing access and customer support. This model emphasizes transparency, lower fixed costs, and less bureaucracy compared to conventional insurers. The goal is to make healthcare more affordable and predictable by pooling member contributions and guiding members through their expenses.

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About CrowdHealth

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Industries

Consumer SoftwareEnterprise SoftwareHealthcare

Company Size

51-200

Company Stage

Series A

Total Funding

$18.1M

Headquarters

Austin, TX

Founded

2021

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Funding

Total Funding

$18.1M

Below

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$6.1M
$8.2M
$15M
$30M

Benefits

  • Remote Work Options
  • Unlimited Paid Time Off
  • Parental Leave
  • Company Equity

Growth & Insights and Company News

6 month growth

0%

1 year growth

3%

2 year growth

0%
PR Newswire
Jun 8th, 2026
CrowdHealth launches program to reverse Type 2 Diabetes, challenging healthcare system profiting from chronic disease management

CrowdHealth has launched a programme to help participants reverse Type 2 Diabetes, challenging the traditional healthcare system that profits from managing the condition as a lifelong disease. The initiative combines intensive nutrition intervention, coordinated medical support, accountability and transparent pricing. Developed with virtual metabolic health clinics, the programme aims to lower A1c levels, achieve sustained weight loss and reduce medication dependence. It includes dedicated care advocacy, evidence-based nutrition plans, cost optimisation for insulin and monitoring equipment, biometric tracking and peer-to-peer medical cost sharing. Founded by Andy Schoonover, CrowdHealth offers a community-powered alternative to traditional health insurance. The company focuses on preventative care and reversing chronic conditions rather than ongoing disease management. Interested individuals must complete a screening call to determine eligibility.

Health Technology Net
Jun 8th, 2026
CrowdHealth unveils bold new program to reverse Type 2 Diabetes.

CrowdHealth unveils bold new program to reverse Type 2 Diabetes. The program takes aim at the industry profiting off one of America's most expensive chronic conditions. AUSTIN, Texas, June 8, 2026 /PRNewswire/ - CrowdHealth today announced the launch of a revolutionary new program aimed at helping participants reverse Type 2 Diabetes. More than 38 million Americans live with Type 2 Diabetes, yet the traditional healthcare system profits from the diagnosis as a lifelong condition: prescriptions, appointments, monitoring, dependence on care, and mounting medical bills. CrowdHealth is declaring war on this status quo, challenging the healthcare establishment and clearing the path for patients to just get healthier. The company's new program is designed for people ready to radically change their health and break free from chronic disease management. Developed in partnership with leading virtual metabolic health clinics, the program combines intensive nutrition intervention, coordinated medical support, accountability, and transparent pricing. The initiative is engineered to reverse the trajectory of the disease, aiming for definitive patient outcomes including lower A1c levels, sustained weight loss, and freedom from lifelong medication. "The healthcare system profits when people stay sick, not when they get better," said Andy Schoonover, Founder and CEO of CrowdHealth. "Incentives are backwards: the more prescriptions, appointments, and chronic conditions people have, the more money the system makes. We reject that model. At CrowdHealth, we believe many chronic diseases are preventable or reversible when people have the right nutrition, support, and motivation. That shouldn't be a radical idea. It's time to stop funding a system that benefits from keeping people trapped in lifelong disease management. We're replacing it with a community framework obsessed with getting people healthier." This high-touch program will include: * Dedicated Care Advocacy: Continuous clinical coordination and accountability support. * Evidence-Based Nutrition: Personalized metabolic nutrition programs. * Cost Optimization: Transparent cash-pay pricing for insulin, CGMs, and labs. * Biometric Tracking: Routine monitoring of A1c, fasting glucose, and weight. * Crowdfunded Bills: Peer-to-peer medical cost sharing for program expenses. Interested individuals must complete a screening call to determine eligibility and baseline needs. About CrowdHealth CrowdHealth is not insurance and offers a community-powered alternative to traditional health insurance. Members pay a monthly membership fee to access crowdfunding for medical expenses, dedicated advocacy support, and tools designed to help navigate and reduce healthcare costs while aligning incentives around better health outcomes. CrowdHealth is committed to helping members manage, reduce, and prevent chronic disease. CrowdHealth exists to give people a responsible way to exit the broken healthcare system with a platform built to replace insurance entirely with a community that has each other's back. Everyone knows insurance is broken. What's kept individuals part of this system isn't loyalty, it's fear, and it's time that changes. SOURCE CrowdHealth

Vator
Dec 8th, 2022
CrowdHealth raises $6M to crowdfund medical bills

CrowdHealth has also expanded the methods with which members can pay for the service, including a recent partnership with Swan Bitcoin that allows members to redirect a portion of their monthly subscription payment to a Swan account.

Newswire
Dec 8th, 2022
Crowdhealth Secures $6M Series A For Community-Powered Alternative To Health Insurance

With growing membership numbers, the health insurance alternative boasts medical bill crowdfunding, Care Advocates, and an option to invest in Bitcoin. . .

Intelligence360 News
Aug 17th, 2022
Austin Texas Based Crowdhealth Is Raising $6,075,000.00 In New Equity Investment.

Austin, TX – According to filings with the U.S. Securities and Exchange Commission, CrowdHealth is raising $6,075,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Andrew Schoonover played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. About CrowdHealth

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