Take Command Health

Take Command Health

Health insurance solutions for small businesses

About Take Command Health

Simplify's Rating
Why Take Command Health is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Financial Services

Healthcare

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$44.9M

Headquarters

Dallas, Texas

Founded

2014

Overview

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.

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased telehealth adoption boosts demand for flexible insurance solutions like HRAs.
  • The rise of gig economy workers expands the market for personalized health insurance.
  • Remote work trends drive small businesses to seek flexible, portable insurance options.

What critics are saying

  • Centene's Ambetter Health increases competition in Indiana, affecting market share.
  • Rapid expansion, like the Richardson office, may strain operational capabilities.
  • Integration of Savvy's technology could disrupt service delivery.

What makes Take Command Health unique

  • Take Command Health specializes in HRAs, offering QSEHRA and ICHRA options.
  • The company provides a user-friendly platform for HRA setup and management.
  • Take Command Health offers personalized advice and negotiated savings for clients.

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Funding

Total Funding

$44.9M

Above

Industry Average

Funded Over

4 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

401(k) Company Match

Paid Parental Leave

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 1%

2 year growth

↑ 1%
Becker's Payer
Dec 1st, 2023
Centene to offer ICHRAs to Indiana employers

Centene's Ambetter Health is partnering with health benefits platform Take Command to offer individual coverage health reimbursement arrangements to employers in Indiana starting next year.

Dallas Innovates
Sep 20th, 2023
Dallas Healthcare Benefits Platform Take Command Gets $25M Growth Investment

In 2021, Take Command raised $12 million in Series A funding in a round led by LiveOak Venture Partners, an Austin VC firm that focuses on tech-enabled service companies, and SJF Ventures, which invests in high-growth companies working to create a healthier, smarter, and cleaner future.

Edison Partners
Sep 20th, 2023
Why We Invested in Take Command: Revolutionizing Group Health Insurance

Since the launch of ICHRA (Individual Coverage Health Reimbursement Arrangement) in 2020, Take Command has rapidly capitalized on the shifting dynamics in group health insurance.

Finsmes
Sep 19th, 2023
Take Command Receives $25M Investment From Edison Partners

Gregg Michaelson, General Partner, who led the investment, joined Take Command's board of directors.

Fintech News
Sep 19th, 2023
TakeCommand raises $25m in new funding

TakeCommand raises $25m in new funding.

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