Bind On-Demand Health Insurance
Built for today's lifestyle, offering flexible health coverage paid according to your needs, not unnecessary services.
Built for today's lifestyle, offering flexible health coverage paid according to your needs, not unnecessary services.
With a focus on modern lifestyles, Bind On-Demand Health Insurance offers a flexible approach to health coverage, aligning payments with individual needs rather than unnecessary services. Founded in 2016, Bind revolutionizes the health insurance industry by allowing users to tailor their coverage, paying only for the services they utilize. This beneficial model stands in contrast to traditional plans that bill for potentially unnecessary services. Recently, Bind secured a notable $105.00M Series B investment on 21 October 2020, attracting backing from Lemhi Ventures, Ascension Ventures, and UnitedHealth Group Ventures. Amidst the disruption of the health care and insurance sectors, Bind's innovative approach and strategic investor support position it as a compelling player in the market. The company's emphasis on flexibility and individualized coverage reflects an understanding of evolving consumer preferences, aligning with broader shifts observed in the health care and human resources industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B - Bind On | $105.00M | 3 |
|
21 Oct 2020 |
| Debt Financing - Bind On | $60.00M | - | 01 Oct 2019 | |
| Series A - Bind On | $10.00M | 3 |
|
28 Jun 2018 |
| Series A - Bind On | $60.00M | 1 |
|
20 Feb 2018 |
| Venture Round - Bind On | $2.50M | 1 |
|
27 Jul 2017 |
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