# Transparent Health Marketplace

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

- Industry: Internet
- Headquarters: Wayne, US
- Website: www.transparenthealthmarketplace.com
- Total disclosed funding: $36M
- Latest round: Series C (Apr 13, 2021)
- Investors on record: 3

## About

Transparent Health Marketplace, Inc. is a technology firm focused on developing innovative solutions for healthcare transparency and accessibility, aiming to enhance patient experiences and healthcare efficiency through advanced digital platforms.Transparent Health Marketplace, Inc., founded in 2015 in Wayne, US, is dedicated to improving healthcare access and transparency. The company has raised a total of USD 30.00 mn across various funding rounds, with the latest being a Series C round in April 2021, led by ARTIS Ventures, which has enabled the firm to enhance its operational capabilities. The founder's background in the healthcare technology sector has informed the company’s strategic direction.The primary offerings of Transparent Health Marketplace, Inc. revolve around advanced technological solutions designed to optimize healthcare accessibility and transparency. Their flagship products include a range of digital platforms that enhance patient engagement and streamline healthcare services. These tools are engineered for various end users, including patients seeking better healthcare options, providers aiming to improve service delivery, and payers looking for efficient claims processing. The company serves a diverse client base across multiple geographical markets, focusing on sectors such as healthcare services, insurance, and patient advocacy groups. The solutions are typically integrated into existing healthcare systems, providing a seamless experience while addressing critical challenges such as information disparity and access barriers.Transparent Health Marketplace, Inc.'s revenue model is structured primarily around subscription-based services and enterprise-level partnerships. Clients typically engage under various subscription plans that grant access to its suite of healthcare optimization tools. Specific pricing structures may vary based on the scale of implementation and the features selected, with packages designed to cater to both small healthcare organizations and large hospital systems. Transactions are often facilitated through direct agreements, allowing clients to customize their service offerings based on their operational needs. The high demand for their proprietary solutions, particularly in sectors requiring stringent access measures and efficient service delivery, positions the company as a key player in the healthcare technology space.In March 2021, Transparent Health Marketplace, Inc. raised USD 30.00 mn in Series C funding, led by ARTIS Ventures, to support its ongoing expansion initiatives. The company plans to utilize this funding to expand its management team and empower network growth while pursuing jurisdictional expansion into new markets. This includes targeting increased presence in North American and European regions by the end of 2022, alongside the introduction of new healthcare tools designed to further enhance transparency and patient engagement. The company’s strategies aim to meet evolving healthcare demands and provide innovative solutions that address the challenges faced by patients and providers alike.

## Funding rounds

- Series C, Apr 13, 2021, $30M — ARTIS Ventures, Karl Kapital
- Series B, Nov 5, 2019, $6.3M — Ben Franklin Technology Partners

## Investors

- Ben Franklin Technology Partners (https://capitalatlas.ai/funds/ben-franklin-technology-partners) — Series B
- ARTIS Ventures (https://capitalatlas.ai/funds/artis-ventures) — Series C
- Karl Kapital — Series C