# Turquoise Health Co.

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

- Industry: Software
- Headquarters: San Diego, US
- Website: www.turquoise.health
- Total disclosed funding: $95M
- Latest round: Series C (Mar 17, 2026)
- Investors on record: 8

## About

Turquoise Health Co. provides innovative healthcare price transparency solutions to help consumers, providers, and employers make informed healthcare cost decisions.Founded in 2020 and headquartered in San Diego, US, Turquoise Health Co. specializes in healthcare pricing solutions designed to improve cost transparency. The company has engaged in 4 deals, with its most recent funding round, a Series B, occurring on December 22, 2023, raising USD 30.00 mn. This round was led by Adams Street Partners, with participation from Andreessen Horowitz, BoxGroup, and the new investor yosemite. Adam Geitgey and Chris Severn are the founders, with Chris Severn currently serving as CEO. The company has not reported any pivots or changes in business strategy.Turquoise Health specializes in healthcare price transparency solutions that empower consumers, providers, and employers to make informed decisions regarding healthcare costs. Their primary offerings include a platform for searching and comparing prices for medical services across various healthcare providers, including hospitals and ambulatory surgical centers (ASCs), utilizing regulations that mandate the disclosure of pricing information. The company primarily serves diverse clientele in the United States, aiming to eliminate surprise medical bills and enhance patient awareness of healthcare costs. Turquoise Health generates revenue through a subscription-based model catering to various stakeholders in the healthcare ecosystem, including providers, payers, and employers. Clients gain access to pricing data, compliance tools, and analytics capabilities, allowing for better negotiation and decision-making in healthcare spending. The revenue model supports ongoing relationships with clients through direct contracts for access to the full suite of services and tools provided by the company. In March 2026, Turquoise Health Co. raised USD 40 million in series C funding led by Oak HC/FT, with participation from Andreessen Horowitz, Adams Street Partners, and Yosemite Management. The company plans to use the March 2026 funding to expand its healthcare pricing and contracts platform by accelerating product development, scaling transaction and payment workflows, and growing its team to support broader adoption.

## Funding rounds

- Series C, Mar 17, 2026, $40M — Adams Street Partners, Andreessen Horowitz, Oak HC/FT, Yosemite Management
- Series B, Dec 22, 2023, $30M — Adams Street Partners, Andreessen Horowitz, BoxGroup, yosemite
- Series A, Mar 22, 2022, $20M — Bessemer Venture Partners, Tiger Global Management, Andreessen Horowitz, BoxGroup
- Seed, Jul 22, 2021, $5M — Bessemer Venture Partners, Andreessen Horowitz, BoxGroup

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed, Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A, Series B, Series C
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed, Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series B, Series C
- yosemite — Series B
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series C
- Yosemite Management (https://capitalatlas.ai/funds/yosemite-management) — Series C