# Maria Health PH

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maria-health-ph

- Industry: Healthcare IT
- Headquarters: Taguig City, Philippines
- Website: www.mariahealth.ph
- Total disclosed funding: $1M
- Latest round: Seed (May 13, 2019)
- Investors on record: 4

## About

Maria Health PH Inc. is a health tech company in the Philippines, specializing in comprehensive health insurance solutions for individuals and businesses, enhancing access to quality healthcare services across the nation.Founded in 2016, Maria Health PH Inc. is based in Taguig City, Philippines, and focuses on providing tailored health insurance plans. The company was co-founded by Anna Yu and is currently led by CEO Vincent L. Maria Health has successfully raised funding through 4 deals, with the latest round being a Seed round of USD 1.00 mn on November 16, 2021, involving investors such as Core Capital, Gobi Partners, and tryb. The total amount raised to date stands at USD 1.00 mn.Maria Health offers a comprehensive suite of health insurance solutions tailored for individuals and businesses in the Philippines. Its core offerings include customized health insurance plans, addressing contemporary workplace values and ensuring coverage for LGBTQIA+ healthcare. The company partners with a wide network of accredited hospitals, clinics, and specialists, facilitating varied medical services like outpatient care, hospitalization, emergency care, and preventive care. It primarily serves businesses, families, and individuals, providing support through HMO partners and telemedicine services, thus enhancing convenience in healthcare consultations. The geographical market extends beyond Metro Manila, reaching clients across various regions in the Philippines.In 2023, Maria Health generated revenue of USD 513,949.10, with an EBITDA of USD 76,797.60. The company generates revenue through subscription-based plans for individual and corporate clients, focusing on partnerships with businesses that provide health insurance for employees. For individuals, Maria Health offers prepaid healthcare plans that are cost-effective and accessible. The company emphasizes a streamlined onboarding process and continuous support to enhance customer engagement and retention, supporting its mission to simplify healthcare access and improve overall health and wellness.Maria Health plans to leverage its recent Seed funding of USD 1.00 mn, raised in November 2021, for deeper integration of its technologies with strategic health insurance carriers and the development of sales automation tools for agents and carriers. These initiatives aim to enhance operational efficiency and improve service delivery. The company is focused on expanding its market reach within the Philippines, targeting underserved regions to increase healthcare access. Upcoming new products are also in development, aiming to meet the evolving needs of clients, although specific release dates are not disclosed.

## Funding rounds

- Seed, May 13, 2019, $1M — Gobi Partners, Core Capital, tryb
- Seed, Feb 1, 2019 — Wavemaker Partners
- Seed, Oct 19, 2017 — Wavemaker Partners

## Investors

- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Seed
- Core Capital — Seed
- tryb (https://capitalatlas.ai/funds/tryb) — Seed