Hive Health

Hive Health

Comprehensive health benefits with on-demand care

Overview

OurHiveHealth provides health benefits plans that give employees access to a nationwide network of 60,000+ providers. Members enroll and pay a fee for on-boarding, on-demand care (including video visits and mental health teleconsultations), care coordination, and easily searchable providers. The service covers doctor consultations, procedures, hospital stays, emergency care, annual check-ups, immunizations, dental services, maternity cash assistance, outpatient medications, COVID-19 coverage, and wellness programs, plus perks like mental health and fitness benefits. With a 4.9/5 member rating, it aims to redefine health insurance as accessible, convenient, and patient-friendly while earning revenue from service fees.

YC Company

About Hive Health

Simplify's Rating
Why Hive Health is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Healthcare

Company Size

51-200

Company Stage

Seed

Total Funding

$6.6M

Headquarters

Philippines

Founded

2021

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Simplify's Take

What believers are saying

  • Its 2024 $6.5 million pre-Series A funded hiring, technology, and provider expansion.
  • 2026 site claims 1,700 hospitals and clinics and 20,000 doctors nationwide.
  • ABS-CBN reported 2026 ambitions to connect patients, employers, doctors, HMOs, and payments.

What critics are saying

  • Hive Health depends on HPPI integration; operational failures break underwriting, claims, and provider access.
  • Competitors can copy dashboards while larger HMOs leverage deeper capital and brand trust.
  • If SME sales stall, Hive Health stays niche and cannot reach millions within five years.

What makes Hive Health unique

  • Hive Health combines digital onboarding with HPPI’s 37-year licensed HMO network.
  • Its employer dashboard handles enrollment, claims, APEs, and member changes within one day.
  • No retail plan exists; SMEs buy customized corporate coverage from three employees.

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Funding

Total Funding

$6.6M

Meets

Industry Average

Funded Over

2 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$6.5M
Hive Health

Benefits

Health Insurance

Paid Vacation

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

2%

2 year growth

9%
Kianna Media Ventures Private Limited
Aug 8th, 2024
Hive Health raises $6.5M Pre-Series A

Hive Health, a Singapore-based digital health insurance company, raised $6.5 million in Pre-Series A funding to enhance healthcare access for SMEs in the Philippines. Major backers include the Sy family-backed Gentree Fund and BEENEXT, with additional support from Oak Drive Ventures, Amasia, The Graduate Syndicate, Y Combinator, and several angel investors. The funds will be used to expand their team, technology platform, and operations, and to broaden their healthcare provider network.

FinSMEs
Jul 29th, 2024
Hive Health Raises US$6.5M in Pre-Series A Funding

Hive Health raises US$6.5M in Pre-Series A funding.

TechNode Global
Jul 29th, 2024
Hive Health raises $6.5M Pre-Series A

Hive Health, a digital health insurance company in Singapore, raised $6.5 million in Pre-Series A funding to enhance healthcare access for SMEs in the Philippines. Key investors include Sy family-backed Gentree Fund, BEENEXT, Y Combinator, and others. Angel investors feature David Wells and Lee Kheng Nam. CEO Camille Ang stated the funds will grow their team, tech platform, and operations. Co-Founder Jiawen Tang emphasized their goal to transform patient experience and expand their healthcare network.

The Independent Investor
Jul 24th, 2024
Digital health insurer Hive Health raises at least $6.5m in pre-Series A funding - The Independent Investor

Founded in 2021 by Harvard and Stanford alumni Camille Ang and Jiawen Tang, Hive Health provides seamless and all-encompassing HMO health plans tailored for SMEs and startups.

KrASIA
Jul 24th, 2024
Deals in brief: IFC invests in Pakistan's i2i Ventures, Seeds Finance secures further funding, Grab acquires Chope, and more

Hive Health, a Philippine health insurance company, has closed a pre-Series A funding round with the backing of various investors including Gentree Fund and Beenext, according to regulatory filings accessed by DealStreetAsia.

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