# Belong Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/belong-health

- Industry: Insurance
- Headquarters: Radnor, US
- Website: www.belong-health.com
- Total disclosed funding: $40M
- Latest round: Series A (Dec 15, 2021)
- Investors on record: 2

## About

Belong Health, Inc. is a provider of innovative insurance product solutions designed to enhance healthcare plans and systems, focusing on efficient insurance coverage tailored to market needs.Founded in 2021, Belong Health, Inc. is headquartered in Radnor, US, and specializes in developing insurance products for the healthcare sector. The company has successfully raised USD 40.00 mn in its Series A funding round on December 15, 2021, led by New Enterprise Associates with participation from Maverick Ventures. The founders include Alon Krashinsky, Brian Lovett, Jennie Byrne, Julie Berez, and Tahasin Alam.Belong Health specializes in developing innovative insurance product solutions tailored for healthcare plans and health systems. Their primary offerings focus on streamlining the process for launching new insurance products, addressing the growing demand for efficient and effective healthcare coverage. The company collaborates directly with insurance product leadership to enhance the customer experience and ensure that health plans meet the evolving needs of their users. With a client base that includes various health plans and healthcare systems, Belong Health aims to serve a diverse range of end users, including patients and healthcare providers seeking reliable insurance solutions. Their products are primarily marketed within the United States, with a concentration on regions experiencing significant growth in healthcare demand, ensuring that they remain relevant and responsive to market needs.Belong Health operates on a revenue model that includes partnerships and B2B transactions with health plans and health systems. Clients engage with Belong Health to access tailored insurance products designed to enhance their offerings. Transactions may involve subscription agreements where clients pay fees for ongoing access to these innovative solutions. While specific pricing plans for these offerings are not disclosed, flagship products form the core of their revenue generation strategy, emphasizing the importance of their services in the competitive insurance landscape. Through such collaborations, Belong Health positions itself as a key player in facilitating efficient insurance product launches, driving value for both their clients and end users.Belong Health plans to utilize its recent Series A funding of USD 40.00 mn to double its team and expand its insurance technology to health systems serving vulnerable populations. The company aims to design and launch new insurance products that will cater to these underserved markets. As part of its growth strategy, Belong Health is focused on expanding its services into new geographic regions, although specific markets targeted for expansion have not been disclosed.

## Funding rounds

- Series A, Dec 15, 2021, $40M — New Enterprise Associates, Maverick Capital
- Seed, Jun 14, 2021 — Maverick Capital

## Investors

- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Seed, Series A
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A