# Decent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/decent

- Industry: Insurance
- Headquarters: Austin, US
- Website: www.decent.com
- Total disclosed funding: $18M
- Latest round: Series A (Sep 8, 2020)
- Investors on record: 26

## About

Based in the US, Decent Inc. operates as a healthcare technology company focused on enhancing the healthcare experience through innovative health plans that prioritize member-provider relationships.Decent Inc. was founded in 2018 and is headquartered in Austin, Texas, US. The company specializes in providing personalized health plans and has successfully completed three funding deals. In September 2020, Decent raised USD 10.00 mn in a Series A funding round led by QED Investors. Co-founders Alexander Carlson and Nick Soman have a background in healthcare technology, with Soman serving as the current CEO.Decent specializes in innovative health plans that prioritize the relationship between members and their primary care providers, focusing on enhancing the healthcare experience. Their core offerings include personalized care through dedicated primary care providers, convenient access to appointments, and affordable coverage that eliminates out-of-pocket expenses for medical services. Decent serves a diverse client base, primarily consisting of employees from various organizations who are enrolled in the health plans offered by their employers. The company's products are designed to operate in markets across the United States, catering to members seeking quality healthcare solutions that are both accessible and affordable.Decent generates revenue through employer-sponsored health plans that cater to a variety of businesses and organizations. Typically, transactions occur as part of a subscription model, where employers pay a premium to provide coverage for their employees, allowing access to Decent's healthcare services. The structure of these transactions is primarily B2B, where employers act as intermediaries for their employees, who are the end users of the health plans. Decent's offerings include a suite of services centered around direct primary care, enabling members to consult with their healthcare providers without incurring additional costs. This approach reflects a growing trend towards simplified and straightforward healthcare financing, enhancing the overall value proposition for both employers and employees.In September 2020, Decent Inc. raised USD 10.00 mn in Series A funding, which will be utilized to expand its innovative health plan offerings and enhance technology services. The company plans to launch new products aimed at improving member engagement and health outcomes. Additionally, Decent has strategies to expand into new geographical markets within the United States in the coming years, leveraging its recent funding to increase operational capacity and market presence.

## Funding rounds

- Series A, Sep 8, 2020, $10M — Foundation Capital, Asset Management Ventures, Vulcan, Maverick Capital, QED Investors, Core Innovation Capital, Digital Currency Group, Mouro Capital, Healthy Ventures, Precursor Ventures, Meridian Street Capital, Future Positive Capital, Sure Ventures, Worklife Ventures Management, Unpopular Ventures, Necessary Ventures, AirAngels
- Seed, May 18, 2018, $8M — Menlo Ventures, Hong Shan, Foundation Capital, Lux Capital, Fenwick & West, Core Innovation Capital, CRCM, Digital Currency Group, Maverick Ventures Israel, Healthy Ventures, Precursor Ventures, Ride Ventures, Abstract Ventures, Meridian Street Capital, Sure Ventures, Capitoria Ventures

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed
- Hong Shan — Seed
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed, Series A
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Seed
- Fenwick & West — Seed
- Core Innovation Capital (https://capitalatlas.ai/funds/core-innovation-capital) — Seed, Series A
- CRCM (https://capitalatlas.ai/funds/crcm) — Seed
- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Seed, Series A
- Maverick Ventures Israel (https://capitalatlas.ai/funds/maverick-ventures-israel) — Seed
- Healthy Ventures (https://capitalatlas.ai/funds/healthy-ventures) — Seed, Series A
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed, Series A
- Ride Ventures — Seed
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed
- Meridian Street Capital (https://capitalatlas.ai/funds/meridian-street-capital) — Seed, Series A
- Sure Ventures (https://capitalatlas.ai/funds/sure-ventures) — Seed, Series A
- Capitoria Ventures (https://capitalatlas.ai/funds/capitoria-ventures) — Seed
- Asset Management Ventures (https://capitalatlas.ai/funds/asset-management-ventures) — Series A
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series A
- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Series A
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series A
- Mouro Capital (https://capitalatlas.ai/funds/mouro-capital) — Series A
- Future Positive Capital (https://capitalatlas.ai/funds/future-positive-capital) — Series A
- Worklife Ventures Management (https://capitalatlas.ai/funds/worklife-ventures-management) — Series A
- Unpopular Ventures (https://capitalatlas.ai/funds/unpopular-ventures) — Series A
- Necessary Ventures (https://capitalatlas.ai/funds/necessary-ventures) — Series A
- AirAngels (https://capitalatlas.ai/funds/airangels) — Series A