# Invoq Healthcare India Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/invoq-healthcare-india-private

- Industry: Healthcare IT
- Headquarters: Pune, India
- Website: http://www.loophealth.com
- Total disclosed funding: $39M
- Latest round: Series B (Apr 19, 2022)
- Investors on record: 8

## About

Invoq Healthcare India Private Limited operates as a health assurance provider, focusing on group health insurance and preventive healthcare solutions, aiming to enhance employee well-being through innovative services and technology.Founded in 2018 and headquartered in Pune, India, Invoq Healthcare India Private Limited specializes in health insurance solutions tailored for organizations. The company received USD 25.00 mn in Series B funding on April 19, 2022, co-led by General Catalyst Partners and Elevation Capital, with participation from other notable investors. The firm was established by a team that includes co-founders Josh Stein and Mayank Kale, among others. To date, Invoq has completed 4 funding rounds, raising a total of USD 25.00 mn.Invoq Healthcare India Private Limited provides group health insurance and preventive healthcare solutions that prioritize employee wellness. Their offerings encompass comprehensive health insurance plans, virtual consultations, and wellness programs, including yoga and nutrition counseling. The company caters to over 1,200 clients across India, focusing on chronic health management and overall workforce health.For the year 2023, Invoq Healthcare India Private Limited reported a revenue of USD 924,031.10, alongside an EBITDA of USD -6,844,366.60.Following its recent Series B funding of USD 25.00 mn, Invoq Healthcare India Private Limited intends to enhance its sales growth and product development initiatives while expanding its workforce. The company is actively looking to introduce new products and services while exploring opportunities in additional markets to broaden its reach.

## Funding rounds

- Series B, Apr 19, 2022, $25M — Sierra Ventures, General Catalyst Partners, Khosla Ventures, Elevation Capital, Optum Ventures
- Series A, Sep 30, 2021, $12M — General Catalyst Partners, Khosla Ventures, Y Combinator, Elevation Capital, Tribe Capital
- Seed, Dec 2, 2020, $2.3M — Sierra Ventures, Y Combinator, Soma Capital Management
- Seed, Mar 1, 2020 — Soma Capital Management

## Investors

- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Seed, Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A, Series B
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B
- Elevation Capital — Series A, Series B
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series A
- Optum Ventures (https://capitalatlas.ai/funds/optum-ventures) — Series B