USA – Angle Health, a San Francisco, CA-based health insurance carrier, closed a $4m seed funding.
The round was led by Blumberg Capital with participation from Y Combinator, Correlation Ventures, TSVC, Liquid 2 Ventures and several smaller funds and angels. The company intends to use the funds to complete regulatory filing, launch its mobile application and integrate infrastructure to support accessibility to medical services, including primary and urgent care, mental health, chronic disease management and reproductive health. Founded in 2019 and led by Tylon Wang, CEO, Angle Health is a full-stack health insurance carrier launching tech-enabled health plans designed for startups. Backed by Y Combinator, the company provides a tech-enabled, digital experience which will feature a mobile-application for members to manage all aspects of their health insurance, including submitting claims, booking appointments, engaging with their providers via telehealth, managing and ordering prescriptions, and tracking spend. Angle’s integration with startup HR platforms provide a streamlined, entirely digital enrollment and billing process for employers and employees, reducing enrollment timelines and administrative inefficiencies. To make this possible, the company has partnered with Noyo, the technology company whose suite of API integrations is powering back-end connections between health insurers and HR platforms industry-wide. Angle’s plans will be ACA-compliant, covering all federal and state essential health benefits, and include integrated pediatric dental and vision benefits and optional bundled adult dental and vision. 21/07/2020
