# The Zero Card

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-zero-card

- Industry: Internet
- Headquarters: Tulsa, US
- Website: www.thezerocard.com
- Total disclosed funding: $7M
- Latest round: Series A (Dec 11, 2019)
- Investors on record: 2

## About

The Zero Card is a healthcare service model that enables members to access medical care without out-of-pocket expenses, promoting affordable healthcare solutions through a unique bundled-payment marketplace.Founded in 2016 by Wim De Pril and currently led by CEO James Millaway, The Zero Card is based in Tulsa, US. The company focuses on enhancing healthcare accessibility through innovative service offerings. In December 2019, The Zero Card raised USD 7.00 mn in Series A funding led by the George Kaiser Family Foundation and supported by Revolution Ventures, bringing the total amount raised to USD 7.00 mn. The company's operations have remained consistent since inception, focusing on providing cost-effective healthcare services.The core offering of ZERO Health is a healthcare service model that allows members to receive medical care at no out-of-pocket cost, covering various medical procedures such as labs, imaging, colonoscopies, hernia repairs, and orthopedic surgeries. This is facilitated through a bundled-payment marketplace that negotiates rates significantly below standard costs. Members are paired with Personal Health Assistants to navigate the healthcare system, ultimately targeting individual plan members and self-funded employers in the US seeking to enhance employee benefits while controlling healthcare costs.ZERO Health's revenue model relies on a transparent transaction structure, with members using the ZERO Card to access healthcare services without direct payment. The company collaborates with healthcare providers to offer pre-negotiated rates, ensuring savings for members and employers alike. Self-funded employers pay a straightforward transaction fee, eliminating hidden costs and improving budgeting predictability. While specific pricing plans are not disclosed, the company emphasizes a cost-effective approach that allows employers to enhance benefits while reducing healthcare expenses.Following the recent Series A funding round closed on December 11, 2019, The Zero Card plans to utilize the USD 7.00 mn raised to enhance its service offerings and expand its market presence. The company aims to develop new healthcare products and services, although specific details on upcoming launches have not been provided. The strategic plan includes targeting additional geographic regions within the United States, although specific locations and timelines have not been disclosed.

## Funding rounds

- Series A, Dec 11, 2019, $7M — George Kaiser Family Foundation, Revolution Ventures

## Investors

- George Kaiser Family Foundation — Series A
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Series A