Tag: health insurance
How will investors value MetroMile and Oscar Health?
Last night, MetroMile and SPAC INSU Acquisition Corp. II completed their combination, putting the per-mile auto insurance startup up for regular trading today for the first time. In the wake of last year’s debuts by neoinsurance companies Lemonade and Root, it’s not surprising to see others test the public markets.…
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LA-based Sidecar Health’s low-cost, cash-pay health insurance service is now valued at $1 billion
Meet Sidecar Health, the newest member of the tech industry’s billion dollar healthcare startup club. The valuation comes thanks to $125 million in new funding that the company will use to expand its new model for health insurance. Sidecar Health’s insurance plans give consumers the ability to pay directly for…
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Alphabet’s Verily begins offering stop-loss health insurance
Verily, Alphabet’s healthcare business, is overseeing a new subsidiary that will offer stop-loss insurance to employers. Coefficient Insurance Company is backed by insurance megacorp Swiss Re, and relies on data analytics to predict and reduce risk.S… Source
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With the real estate industry facing headwinds, SoftBank-backed Compass lays off 15% of staff
Compass, the real estate brokerage startup backed by roughly $1.6 billion in venture funding, has laid off 15% of its staff as a result of the shifting economic fortunes created by the global response to the novel coronavirus pandemic, according to an internal email seen by TechCrunch. Citing economic fallout…
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Talkspace threatened to sue a security researcher over bug report
A security researcher said he was forced to take down a blog post describing an apparent bug in Talkspace’s website that gave him a year’s subscription for free, after the company rejected his findings and sent the researcher a legal threat. John Jackson said he was able to sign up…
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Rebranding as Anagram, software for out-of-network billing for healthcare providers raises $9.1 million
As it rebrands from Patch to Anagram, the healthcare billing platform making it easier for providers to accept out-of-network patients, has raised $9.1 million in new financing. The round was led by ManchesterStory, with participation from Care Credit, a Synchrony solution, Waterline Ventures, Rogue Venture Partners, Launchpad Digital Health, KEC Ventures, and…
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