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Health IQ serves as an insurance brokerage that helps health-conscious individuals find Medicare, life insurance, and other health-related coverage. Its product works by analyzing clients’ health information and comparing them against a database of over 3,000 plans from national carriers to identify plans that offer better value for each person’s health profile. The company earns commissions from carriers when clients purchase a plan through its platform, aligning its incentives with client outcomes. What sets Health IQ apart is its use of proprietary data analytics to tailor plans to individual health data and its focus on the health-conscious segment, rather than offering generic products. The goal is to provide customized, cost-effective insurance coverage that fits each client’s health needs and helps them optimize their protection in the U.S. market.
Industries
Data & Analytics
Financial Services
Company Size
201-500
Company Stage
Series D
Total Funding
$136.5M
Headquarters
Mountain View, California
Founded
2014
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Total Funding
$136.5M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Andreessen Horowitz and others poured $200 million into startup Health IQ.
Health IQ, a life insurance startup backed by prominent investors including venture capital firm Andreessen Horowitz and a growth fund managed by Aquiline Capital Partners, has filed bankruptcy with plans to liquidate.
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The company now has a new look as it dedicates itself to the medicare space. The post Health IQ has a new look appeared first on Coverager - Insurance news and insights.
This decision resulted in a number of employees losing their jobs. The post Health IQ exits the life and auto space appeared first on Coverager - Insurance news and insights.
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Industries
Data & Analytics
Financial Services
Company Size
201-500
Company Stage
Series D
Total Funding
$136.5M
Headquarters
Mountain View, California
Founded
2014
Find jobs on Simplify and start your career today