Insurights raises $22 million

Insurights, the platform that allows employees to access, understand and utilize their health benefits, announced a $22 million seed investment led by Group 11, with participation from Cresson Management, Good Company, and Insurtech Israel.

Founded in 2019 with offices in Israel and New York, Healthee features on-demand, personally tailored answers to any employee with questions on how to navigate their employer-provided health benefits, regardless of their insurance provider. Its key feature is Zoe, Insurights’ “virtual chief health officer,” who is able to analyze and break down any healthcare plan offered by any insurance carrier. Today, Zoe can tell an employee how much a specific treatment would cost based on their coverage and recommended providers that accept the employee’s insurance. Zoe also reminds employees to set up preventative care check ups and in the future it will give employees the ability to make appointments within the platform.

“The way U.S. workers engage with their health benefits is broken. We believed there had to be a better, more user-centric and innovative way for employees to understand what their health plans actually cover. At Insurights, we strive to simplify the healthcare process, leading to healthier, happier employees.” – Guy Benjamin, co-CEO and co-founder of Insurights.

“Guy, Ben and the founding team at Insurights have an exceptional understanding of what is needed to solve one of the most common problems in U.S. healthcare. With Insurights, employees will no longer need to spend hours on the phone with insurance reps. HR managers will spend less time resolving employee benefits issues and deciding which healthcare plan to offer employees each year. CFOs will ultimately better manage their immense employee healthcare costs. We are thrilled to support Insurights’ vision and join them on this journey to radically change how employees access and understand healthcare benefits.” – Group 11 Founding Partner Dovi Frances.