Ansel Health is a US-based startup revolutionizing the supplemental health insurance landscape. Founded in 2019, the company's mission is to alleviate the financial burdens associated with health hardships, even for individuals with comprehensive health insurance. Ansel has differentiated itself by implementing a redesigned plan that amplifies health benefits strategies. The company has established partnerships with brokers and employers to provide cash directly to employees upon the diagnosis of any of the 13,000+ covered conditions. This cash can be utilized for medical expenses or any other needs during the recovery process.
Additionally, Ansel Health sets itself apart with its efficient claims approval process and rapid payment disbursement, taking only hours instead of weeks. The company's commitment to leveraging game-changing technology for the benefit of its users enhances its appeal in the realm of insurtech. With its most recent Series B investment of $20.00M secured on 23 January 2024, Ansel Health has garnered support from a notable group of investors, including Two Sigma Ventures, SixThirty, Brewer Lane Ventures, Operator Partners, Portage Ventures, SAIGroup, Plug and Play, Morgan Creek Capital Management, SymphonyAI, and Digitalis.
By addressing a critical aspect of individuals' well-being and financial security, Ansel Health holds promise for continued growth and success in the intersection of health insurance, insurtech, and financial services.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $20.00M | 10 | Morgan Creek Capital Management, SymphonyAI +1 | 23 Jan 2024 |
Series A | $15.00M | 10 | SymphonyAI, Fidelity Security Life Insurance Company +1 | 22 Apr 2021 |
Seed Round | $1.50M | 10 | Zach Weinberg, SymphonyAI +3 | 10 Aug 2020 |
Seed Round | $5.50M | 6 | SymphonyAI | 21 May 2020 |
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