# Take Command Insurance Agency

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/take-command-insurance-agency

- Industry: Insurance
- Headquarters: Dallas, US
- Website: www.takecommandhealth.com
- Total disclosed funding: $39M
- Latest round: Series B (Sep 19, 2023)
- Investors on record: 4

## About

Take Command Insurance Agency, Inc. is a US-based company that specializes in HRA administration software, providing businesses with tax-efficient solutions for employee health insurance reimbursements.Founded in 2014 and headquartered in Dallas, US, Take Command Insurance Agency, Inc. focuses on HRA administration. The company was founded by Jack Hooper, who has a background in developing innovative solutions in the health benefits sector. In September 2023, Take Command raised USD 25 mn in Series B funding, led by Edison Partners, valuing the company at USD 103.02 mn post-money.Take Command specializes in HRA (Health Reimbursement Arrangement) administration software, focusing on two primary products: the Qualified Small Employer HRA (QSEHRA) and the Individual Coverage HRA (ICHRA). These products enable businesses to reimburse employees for health insurance costs tax-free, simplifying the process for small to medium-sized employers lacking dedicated HR resources. The company serves a diverse clientele, including small businesses, nonprofits, and larger corporations across sectors such as hospitality, healthcare, and retail, primarily within the United States.Take Command generates revenue through its HRA administration services via subscription-based models tailored to client needs. Clients pay for ongoing management of their HRAs, which includes reimbursement processing and compliance support, based on employee count and HRA type. The company operates B2B, partnering with employers and benefits consultants to deliver efficient health benefits solutions.In September 2023, Take Command Insurance Agency, Inc. raised USD 25 mn in Series B funding, which will be used to expand its go-to-market strategy, enhance payment functionality across its platform, and develop new marketplace offerings. The company aims to increase its presence in additional markets, focusing on expanding its client base and service offerings to meet growing demand.

## Funding rounds

- Series B, Sep 19, 2023, $25M — Edison Partners, SJF Ventures, LiveOak Venture
- Series A, Apr 14, 2021, $12M — SJF Ventures, LiveOak Venture
- Seed, Sep 30, 2017, $0.7M — Green Park & Golf Ventures
- Seed, Aug 20, 2016, $1M — Green Park & Golf Ventures

## Investors

- Green Park & Golf Ventures (https://capitalatlas.ai/funds/green-park-golf-ventures) — Seed
- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series A, Series B
- LiveOak Venture (https://capitalatlas.ai/funds/liveoak-venture) — Series A, Series B
- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series B