# Tango Health

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

- Industry: Internet
- Headquarters: Austin, US
- Website: www.tangohealth.com
- Total disclosed funding: $7.1M
- Latest round: Series B (Feb 7, 2012)
- Investors on record: 1

## About

Tango Health, Inc. is a U.S.-based company providing comprehensive benefits management solutions. Their focus is on streamlining employee benefits administration to enhance user experience and compliance across various sectors.Founded in 2008, Tango Health, Inc. specializes in employee benefits management solutions. In November 2021, Tango Health was acquired by Benefitfocus, Inc. from S3 Ventures, aimed at enhancing ACA compliance solutions for clients. The company is headquartered in Austin, US, and has participated in 5 deals, raising a total of USD 2.20 mn in funding. The latest funding round occurred in November 2021 and amounted to USD 2.20 mn. The CEO is Scott Van Horn-Zakotnik, and the founder is Todd Praisner.Tango Health, Inc. offers a comprehensive suite of benefits management solutions designed for employers and health plans. Their core services include benefits administration, billing and payroll services, compliance solutions, and employee engagement tools, aimed at improving the overall benefits experience and fostering efficient management of employee programs.Tango Health generates revenue primarily through subscription-based models for its benefits management solutions, where clients pay for access to their software and services. Agreements with employers and health plans facilitate access to a holistic benefits ecosystem, allowing clients to select services based on their needs. Key offerings such as Benefits Administration and Employee Engagement solutions significantly contribute to their revenue stream.Following the acquisition by Benefitfocus, Inc. in November 2021, Tango Health plans to expand its product offerings, particularly focusing on ACA compliance solutions. The integration aims to leverage Benefitfocus’s resources for broader market reach. The recent funding will support this initiative, enabling Tango Health to enhance its capabilities and explore new markets, potentially targeting further expansion into additional U.S. sectors.

## Funding rounds

- Series B, Feb 7, 2012, $4M — S3 Ventures
- Series A, Nov 12, 2010, $3.1M — S3 Ventures

## Investors

- S3 Ventures (https://capitalatlas.ai/funds/s3-ventures) — Series A, Series B