# The Stellar Health Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-stellar-health-group

- Industry: Software
- Headquarters: New York, US
- Website: www.stellar.health
- Total disclosed funding: $75M
- Latest round: Series B (May 25, 2021)
- Investors on record: 4

## About

Founded in 2018 and based in New York, US, Stellar Health operates as a provider of a software platform for healthcare providers and health insurance to earn additional revenue. CEO Mr. Michael Meng, COO Mr. Ari Brenner, CTO Mr. Octavian Costache, and Ben Kraus co-founded the company and have raised two venture capital fundings from private equity investors, including Primary Venture Partners, Point72 Ventures, and Notation Capital. In September 2021, General Atlantic led a USD 60 million Series B for The Stellar Health Group, Inc. The company has over 90 employees as of 2021.

The company's development team offers a healthcare technology platform that utilizes data to provide a broad continuum of healthcare and insurance providers with a suite of recommended value-based actions and real-time payments solutions for better patient outcomes. The company's products include Stellar application that provides an incentive structure that promotes completion of granular actions, Stellar incentive payment program with real-time financial reporting and accountability, Stellar provider performance team to support client's value-based performance improvement, and Stellar business intelligence and analytics insights to track practice performance data. 

The Stellar Health Group, Inc. plans to use the September 2021 financing to support the expansion of its differentiated services to new and existing markets by growing its team, advance its product development, engineering, and operations initiatives.

## Funding rounds

- Series B, May 25, 2021, $60M — General Atlantic, Primary Venture Partners, Point72 Asset Management
- Series A, May 12, 2020, $10M — Primary Venture Partners, Point72 Asset Management
- Seed, May 15, 2019, $4.9M — Primary Venture Partners
- Seed, Apr 1, 2019 — Primary Venture Partners, Notation

## Investors

- Primary Venture Partners (https://capitalatlas.ai/funds/primary-venture-partners) — Seed, Series A, Series B
- Notation (https://capitalatlas.ai/funds/notation) — Seed
- Point72 Asset Management — Series A, Series B
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series B