Overview

Nava Benefits specializes in leveraging technology and in-depth insurance expertise to deliver healthcare plans that are both cost-effective and high-performing for employers and employees. This focus on affordable healthcare solutions not only promotes a healthier workforce but also supports businesses in managing their healthcare spending efficiently. Employees at Nava Benefits enjoy a collaborative environment where innovation in employee benefits is actively pursued, making it an excellent place for professionals passionate about transforming healthcare delivery and improving well-being on a large scale.

Simplify's Take

What believers are saying

• Telehealth market growth aligns with Nava's remote healthcare service offerings.
• AI in healthcare can enhance Nava's predictive analytics and personalized medicine services.
• Increased mental health awareness supports Nava's partnership with Headway for accessible care.

What critics are saying

• Competition from digital health startups may erode Nava's market share.
• Rapid geographic expansion could strain Nava's operational capabilities and service quality.
• Integration challenges with Nielsen Benefits Group may disrupt service delivery.

What makes Nava Benefits unique

• Nava offers a unique benefits brokerage focused on affordable, high-quality healthcare.
• Partnerships with Headway and One Medical enhance Nava's mental and physical healthcare access.
• Nava's app integrates insurance ID cards, benefits, and expert support in one platform.

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Funding

Total Funding

$60M

Above

Industry Average

Funded Over

2 Rounds

$40,000,000

Series B

Jun 2022

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Above Average

Industry standards

Ind Avg. $35M

$4M

$30M

$40M

$45M

$65M

$100M

View all funding stages