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Overview
Flume Health builds a platform for health plans, third-party administrators (TPAs), and vendors to simplify healthcare administration and data management. Its core product is an integration-driven system that connects disparate healthcare data sources, enabling secure data exchange and scalable processing. The platform uses APIs and connectors to enable seamless data flows while enforcing strong security, privacy, and regulatory compliance for sensitive healthcare information. This differentiates Flume Health from competitors by focusing on payer ecosystem integrations, end-to-end data handling, and a scalable infrastructure that can grow with customers’ needs. The company’s goal is to make healthcare administration more efficient, accurate, and compliant by reducing manual data tasks and improving data quality across partners.
About Flume Health
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$40.2M
Headquarters
New York City, New York
Founded
2017
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Simplify's Take
What believers are saying
- Flume raised $30 million in 2025 from Optum Ventures and Cigna Ventures.
- Its June 2026 careers page listed Deployment Strategist and Growth roles.
- A January 2026 engineering posting targeted core data platforms for claims and EDI.
What critics are saying
- Flume's LinkedIn showed no jobs on July 27, 2026, signaling hiring stagnation.
- Only 22 employees listed on Built In limits enterprise delivery capacity.
- A failed integration rollout would strand customers on legacy TPAs, killing Flume's platform thesis.
What makes Flume Health unique
- Flume Relay, launched 2025, automates payer-vendor integrations as a universal translation layer.
- Flume OS, introduced 2021, bundles claims, eligibility, compliance, and reporting into one platform.
- The 2026 website centers secure healthcare data handling for health plans and TPAs.
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Funding
Total Funding
$40.1M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Benefits
Unlimited Paid Time Off
Stock Options
Home Office Stipend
401(k) Retirement Plan
401(k) Company Match
Health Insurance
Dental Insurance
Vision Insurance
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↑ 0%2 year growth
↑ 5%In a notable move, Flume Health launched Flume Relay, a solution simplifying data transfer between payers and vendors.
Flume Health, a Health-Plan-as-a-Service platform that eliminates the complexity of designing and managing healthcare plans, today announced that Richard Fu has joined as Chief Growth Officer.
FreeWill, a social-good enterprise, has raised $30 million in Series B funding round led by Bain Capital Double Impact alongside existing investors.
What You Should Know: Flume Health, a NYC-based Health-Plan-as-a-Service platform announced today a $30M round of Series A funding led by Optum Ventures with participation from Cigna Ventures is participating, bringing its total raise to date at $40M. Flume gives all U.S. health insurers the option to build personalized healthcare plans–what Stripe or ... Read More
Erin Brodwin / Axios:NY-based Flume Health, which lets organizations build health plans catered to employers' needs, raises a $30M Series A, bringing its total funding to $40MFlume Health, a New York-based health plan builder for organizations, raised $30 million in Series A funding led by Optum Ventures Click here to read full news.
Flume Health is Hiring for 2 Jobs on Simplify!
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About Flume Health
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$40.2M
Headquarters
New York City, New York
Founded
2017
Flume Health is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today