# Healthcare Interactive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/healthcare-interactive

- Industry: Healthcare IT
- Headquarters: Glenwood, US
- Website: www.hciactive.com
- Total disclosed funding: $8M
- Latest round: Series A (Jul 9, 2014)
- Investors on record: 2

## About

Healthcare Interactive is an innovative company dedicated to enhancing insurance and wellness solutions through its advanced digital platform, Healthspace Cloud®, facilitating seamless integration of InsureTech and FinTech services.Founded in 2007, Healthcare Interactive operates out of Glenwood, US, delivering integrated digital insurance solutions. The company, co-founded by John Hobday and Keith Lemer, raised USD 8.00 mn in Series A funding on July 9, 2014, with investments from Grotech Ventures and Harbert Management Corporation. The firm has completed 1 deal to date.Healthcare Interactive specializes in delivering an advanced digital insurance and wellness platform, primarily through its Healthspace Cloud® solution. This platform serves as an AI middleware that integrates various InsureTech and FinTech capabilities, providing seamless insurance and financial administration solutions for both groups and individuals. Key functionalities include SmartBenefits.ai, which personalizes the benefits journey to enhance member engagement and retention, and tools like QUOTE.ai, ENROLL.ai, and ENGAGE.ai, which streamline enrollment and enable real-time risk management within a fully connected environment. The target clientele includes insurers, HR departments, and wellness program administrators, primarily operating within North America and expanding into European markets. Healthcare Interactive's solutions aim to address operational efficiencies and compliance challenges in the insurance sector, catering to a diverse array of end-users, including policyholders and healthcare providers.Healthcare Interactive generates revenue through a subscription-based model for its technology solutions, which may include tiered pricing plans based on the features accessed by clients. The company's flagship offerings, such as Healthspace Cloud® and SmartBenefits.ai, are designed to provide value through enhanced member engagement and operational efficiency, encouraging ongoing participation from insurers and healthcare entities. Transactions typically involve annual or monthly subscriptions whereby clients gain access to the suite of services. Additionally, partnerships with health providers and technology vendors facilitate revenue growth by offering integrated solutions that enhance the overall user experience. The company's focus on utilizing AI technology for administrative and compliance purposes positions it advantageously in the competitive landscape of digital health solutions.Healthcare Interactive plans to leverage its recent funding of USD 8.00 mn to enhance its product offerings and expand its market presence. Upcoming launches include advanced features for the Healthspace Cloud® platform aimed at optimizing insurance workflows. The company is strategically targeting expansion into European markets by 2025, seeking to build partnerships with local insurers and health providers to broaden its reach and capabilities.

## Funding rounds

- Series A, Jul 9, 2014, $8M — Grotech Ventures, Harbert Management

## Investors

- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A
- Harbert Management (https://capitalatlas.ai/funds/harbert-management) — Series A