Angle Health Raises $200M Series C at $2.7B Valuation
Health insurance startup Angle Health has raised a $200 million Series C funding round, bringing its valuation to $2.7 billion. The investment was led by Vitruvian Partners and included participation from several other venture capital firms as well as Y Combinator, where the company is an alum. Alongside this raise, Angle also announced a $400 million tender offer allowing employees to cash out shares. Founded in 2019, Angle Health offers level-funded health plans for small businesses—an option between fully insured and self-funded models that aims to balance cost predictability with potential savings. The company claims its AI-powered platform helps over 5,000 businesses manage their insurance more affordably by integrating with payroll and HR systems. The funding is expected to close later this month and will likely support the startup's continued growth in a competitive health tech market.
Topics: funding healthcare insurance tech startups