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Sana raises $20m!

November 4, 2021

Sana Benefits,  a provider of health insurance for small and midsize businesses, closed a $20 million Series A extension funding. Participants include Gigafund and several new strategic partners – American Family Ventures, Breyer Capital, Jam Fund, and Harmon Brothers Ad Ventures. Existing investors Trust Ventures and mark vc also joined the round.

Founded in 2017, Sana is on a mission to expand health insurance options for small and midsize businesses. The startup offers medical, dental, and vision plans and members enjoy virtual primary care, mental wellness, physical wellness, and more. Sana also plans to launch Sana MD in Austin, which will offer comprehensive primary care and same day or next day appointments, among other things. Currently, Sana is available in Arizona, Oklahoma, Texas, Illinois, and Kentucky.

“Sana’s goal is to improve health outcomes and decrease healthcare costs. We’ve developed a care model that keeps members healthy by focusing on primary and preventive care, and providing access to centers of excellence for more complex procedures. At the same time, our marketing and sales efforts are laser-focused on ensuring that as many small businesses as possible are taking advantage of that model. This round of investment supports both of these initiatives.” – Will Young, CEO and co-founder of Sana.

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Foresight group raises $39M!

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Honeycomb Insurance raises $15.4m!

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American Financial Group acquires underwriting startup Verikai for $120 million

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