Flume Health
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About Flume Health
Industries
Data & Analytics
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$39.1M
Headquarters
New York City, New York
Founded
2017
Overview
Simplify's Take
What believers are saying
- Raised $30M in Series A funding, led by Optum Ventures and Cigna Ventures.
- Growing demand for personalized health plans aligns with Flume's offerings.
- Telehealth integration trend supports Flume's flexible healthcare solutions.
What critics are saying
- FreeWill's $30M Series B funding could increase competition in health plan services.
- Reliance on major investors like Optum and Cigna could pose strategic risks.
- Hiring of key executives may lead to internal restructuring and operational disruptions.
What makes Flume Health unique
- Flume Health offers a Health-Plan-as-a-Service platform for personalized healthcare plans.
- Flume Relay simplifies data transfer between payers and vendors, enhancing interoperability.
- Flume's technology aims to be the 'OS of every health system', integrating health tech.
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Funding
Total Funding
$39.1M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Unlimited Paid Time Off
Stock Options
Home Office Stipend
401(k) Retirement Plan
401(k) Company Match
Health Insurance
Dental Insurance
Vision Insurance
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 3%2 year growth
↓ -6%In a notable move, Flume Health launched Flume Relay, a solution simplifying data transfer between payers and vendors.
Flume Health, a Health-Plan-as-a-Service platform that eliminates the complexity of designing and managing healthcare plans, today announced that Richard Fu has joined as Chief Growth Officer.
FreeWill, a social-good enterprise, has raised $30 million in Series B funding round led by Bain Capital Double Impact alongside existing investors.
What You Should Know: Flume Health, a NYC-based Health-Plan-as-a-Service platform announced today a $30M round of Series A funding led by Optum Ventures with participation from Cigna Ventures is participating, bringing its total raise to date at $40M. Flume gives all U.S. health insurers the option to build personalized healthcare plans–what Stripe or ... Read More
Erin Brodwin / Axios:NY-based Flume Health, which lets organizations build health plans catered to employers' needs, raises a $30M Series A, bringing its total funding to $40MFlume Health, a New York-based health plan builder for organizations, raised $30 million in Series A funding led by Optum Ventures Click here to read full news.
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About Flume Health
Industries
Data & Analytics
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$39.1M
Headquarters
New York City, New York
Founded
2017
There are no jobs for Flume Health right now.
Find jobs on Simplify and start your career today