Health IQ Insurance Services
Latest round
- Series E
Last raised
- May 2019
Total raised
- $95M
Investors
- 12
About Health IQ Insurance Services
Health IQ Insurance Services, Inc.Health IQ Insurance Services, Inc. was founded in 2014 in Plano, US. The company focuses on providing unique insurance plans that reward individuals based on their healthy choices. The founders, Gaurav Suri and Munjal Shah, have previously established other ventures.Health IQ specializes in offering innovative health insurance solutions tailored to health-conscious individuals. The company's core product is a unique insurance plan that incentivizes individuals for maintaining a nutritious diet, exercising regularly, and engaging in preventive health measures. These offerings aim to lower premium costs for members who prioritize their health, effectively addressing the financial burden associated with traditional health insurance. Health IQ caters to individuals and families across the United States and also provides group insurance solutions for corporate clients. Health IQ generates revenue through a model that incorporates both individual and group insurance plans, emphasizing a B2C and B2B approach. Customers enroll in health insurance plans based on lifestyle assessments that quantify their health status, potentially leading to reduced premium costs. The revenue model includes monthly subscriptions for individual plans, while corporate partnerships provide customized insurance offerings for employee wellness programs.In August 2023, Health IQ Insurance Services, Inc. filed for Chapter 7 bankruptcy protection, which significantly impacts its future growth plans. It is unclear how these initiatives will proceed in light of the current financial challenges.
Who invested in Health IQ Insurance Services
12 investors across 3 rounds
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Questions about Health IQ Insurance Services
Who invested in Health IQ Insurance Services?
Health IQ Insurance Services has 12 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 Health IQ Insurance Services raised?
Health IQ Insurance Services has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Health IQ Insurance Services last raise money?
Health IQ Insurance Services's most recent round on record is a Series E, in May 2019.
What does Health IQ Insurance Services do?
Health IQ Insurance Services, Inc.
Where is Health IQ Insurance Services headquartered?
Health IQ Insurance Services is headquartered in Plano, US.
Which VCs invest in companies like Health IQ Insurance Services?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Health IQ Insurance Services's stage. Their profiles are linked below.
VCs backing insurance startups at Series E
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