Flume Health
Latest round
- Series A
Last raised
- Jan 2022
Total raised
- $40M
Investors
- 8
About Flume Health
Flume Health Inc.Founded in 2017, Flume Health Inc. is headquartered in New York, US. The company focuses on integrating healthcare data through its innovative platform. Cédric Kovacs-Johnson serves as both the founder and CEO, driving the vision of the company.Flume Health, Inc. offers a comprehensive data integration platform tailored specifically for the healthcare sector, focusing on the interoperability needs of health payers, third-party administrators (TPAs), and solution vendors. The core product utilizes advanced AI technology to facilitate seamless data exchanges, enabling organizations to connect with multiple partners and manage vast amounts of healthcare data securely and efficiently. The platform is designed to tackle significant challenges in the industry, such as data fragmentation and regulatory compliance, ensuring that clients can optimize member experiences and streamline operations.Flume Health generates revenue primarily through subscriptions for its data integration services, which provide clients access to its advanced platform. These subscription models often involve tiered pricing structures based on the level of service required and the scale of data managed. For instance, health payers and TPAs may enter into agreements that emphasize multi-directional data flows and customized connectivity solutions, fostering collaborative partnerships that enhance operational efficiency. The revenue structure benefits from diversified service offerings, as clients leverage Flume’s capabilities to adapt to evolving regulatory landscapes and increase their data management efficiencies.Flume Health Inc. aims to enhance its product offerings with new features designed to improve data integration processes, although specific release dates have not been disclosed. The company is also planning to expand into additional markets, focusing on further penetration in North America and potential entry into European markets by 2024.95 mn, will be utilized to support these product developments and market expansion efforts.
Who invested in Flume Health
8 investors across 3 rounds
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Questions about Flume Health
Who invested in Flume Health?
Flume Health has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Flume Health raised?
Flume Health has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Flume Health last raise money?
Flume Health's most recent round on record is a Series A, in Jan 2022.
What does Flume Health do?
Flume Health is a insurance company.
Where is Flume Health headquartered?
Flume Health is headquartered in New York, US.
Which VCs invest in companies like Flume Health?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Flume Health's stage. Their profiles are linked below.
VCs backing insurance startups at Series A
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