Sana Benefits

InsuranceSeries BDallas, USsanabenefits.com

Latest round

Series B

Last raised

May 2022

Total raised

$107M

Investors

8

About Sana Benefits

Founded in 2017, Sana Benefits, Inc. offers health insurance solutions designed for small businesses. The company is headquartered in Dallas, US. The founders, Nathan Hackley and Will Young, have a history in the startup ecosystem.Sana Benefits offers a comprehensive suite of health insurance solutions tailored for small businesses. Their core product includes dependable health benefits, integrated care, and navigational services that cater to employee needs. Each plan features access to Sana Care, which provides members with medical guidance, referrals, and personalized care, enhancing the healthcare experience while allowing them to maintain relationships with preferred providers without out-of-network fees.Sana Benefits generates revenue through B2B transactions with small businesses that enroll in their health insurance plans. Their offerings include comprehensive medical, dental, and vision coverage, designed to be cost-effective for employers. Businesses reportedly save up to 20% when switching to Sana. The revenue model is subscription-based, allowing businesses to manage benefits efficiently during open enrollment and real-time employee changes. The company plans to expand its product offerings and enhance service delivery, focusing on further geographical expansion across the United States.

Who invested in Sana Benefits

8 investors across 4 rounds

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Funding rounds

  1. Series B

    May 2, 2022

    Amount

    $60M

    Investors

    Locked

  2. Series A

    Sep 17, 2021

    Amount

    $20M

    Investors

    Locked

  3. Series A

    Sep 9, 2020

    Amount

    $21M

    Investors

    Locked

  4. Seed

    Oct 29, 2019

    Amount

    $6.3M

    Investors

    Locked

Questions about Sana Benefits

Who invested in Sana Benefits?

Sana Benefits has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sana Benefits raised?

Sana Benefits has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Sana Benefits last raise money?

Sana Benefits's most recent round on record is a Series B, in May 2022.

What does Sana Benefits do?

Founded in 2017, Sana Benefits, Inc.

Where is Sana Benefits headquartered?

Sana Benefits is headquartered in Dallas, US.

Which VCs invest in companies like Sana Benefits?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Sana Benefits's stage. Their profiles are linked below.

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