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Take Command Health

Take Command Health

Health insurance solutions for small businesses

About

Take Command Health provides health insurance solutions for independent professionals and small business owners, focusing on Health Reimbursement Arrangements (HRAs). They offer two types of HRAs: Qualified Small Employer HRA (QSEHRA) and Individual Coverage HRA (ICHRA), allowing employers to allocate funds for employees to purchase their own health insurance or cover medical expenses. The company stands out by offering a user-friendly platform that simplifies HRA management and provides personalized advice and negotiated savings. Their goal is to enhance the health insurance experience by making it flexible and easy to manage.

Company Stage

N/A

Employees

51-200

Industries

Consulting, Enterprise Software, Fintech, Financial Services

Total Funding

$46.2M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • The recent $25M growth investment led by Edison Partners positions Take Command Health for significant expansion and innovation.
  • Partnerships with major players like Centene's Ambetter Health indicate strong market validation and potential for broader adoption of their HRA solutions.
  • Recognition as one of the fastest-growing private companies in North Texas highlights the company's robust growth trajectory and market impact.

What critics are saying

  • The health insurance market is highly competitive, and Take Command Health must continuously innovate to maintain its edge.
  • Reliance on HRAs as a core offering may limit the company's flexibility to adapt to regulatory changes or shifts in market demand.

What makes Take Command Health unique

  • Take Command Health focuses on HRAs, offering a unique and flexible alternative to traditional health insurance plans, unlike many competitors who stick to conventional models.
  • Their user-friendly platform simplifies the setup and management of HRAs, reducing administrative burdens for small business owners and independent professionals.
  • The company's emphasis on personalized advice and negotiated savings provides added value, distinguishing them from other health insurance providers.

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

6%

2 year growth

60%

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