# Opkit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opkit

- Industry: Healthcare IT
- Headquarters: Albany, US
- Website: www.opkit.co
- Total disclosed funding: $1M
- Latest round: Seed (Mar 7, 2023)
- Investors on record: 5

## About

Based in New York, US, and founded in 2021 by its CEO Sherwood Callaway, and CTO Justin Ko, Opkit, Inc. operates as an insurtech company that provides an insurance verification platform for telehealth/virtual care companies and healthcare software vendors. In March 2023, Opkit raised approximately USD 1 million in venture funding co-led by Global Founders Capital, Mischief Capital Management, Socially Financed, and Y Combinator. 

Opkit, Inc. develops a health insurance verification platform that enables telehealth employees to conduct eligibility checks or inquire with insurance companies about specific patients' plans. It has a number of automated eligibility-related features, such as determining whether a patient's insurance plan is active, in- or out-of-network and whether it includes benefits such as copays and deductibles. The information is used by staff to determine whether a patient's insurance can cover some or all of the cost of services.

The company plans to use March 2023 venture funding to speed up its growth and expand its business reach and operations.

## Funding rounds

- Seed, Mar 7, 2023, $1M — Greylock Partners, Y Combinator, Global Founders Capital, Socially Financed, Mischief

## Investors

- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Socially Financed — Seed
- Mischief (https://capitalatlas.ai/funds/mischief) — Seed
