About Alegeus
Alegeus is a Healthcare company based in Waltham (United States) founded in 1995, and was acquired by Optum in July 2026. Healthcare benefits are administered via tax-advantaged account platforms. It operates in the Healthcare and Financial Services sectors. The company has 696 employees. Its chief executive, as recorded, is Leif O'Leary. Its website alegeus.com draws about 17 thousand monthly visits. Its Indian entity Alegeus Technologies India Private Limited reported revenue of ₹3.9 Lakh. Alegeus offers products and services including Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), Lifestyle Spending Accounts (LSAs), COBRA Services, and Medicare Advantage. Its focus areas include HealthTech, Healthcare IT, Horizontal and Suite Solutions. Its competitors include Change Healthcare, Greenphire and Cedar; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 1995 and based in Waltham, United States, operations focus on healthcare benefits administration within the financial services sector. A platform is provided for managing accounts such as FSAs, HSAs, HRAs, MERPs, VEBAs, DCAPs, and transit benefits. Services include reimbursement processing, benefits card handling, mobile access, eBill options, and payment systems. An employer portal is offered for plan promotion, participant enrollment, administrative tasks, and insurance exchange integration.
- Headquarters Waltham, United States
- Employees 696
- Stage Acquired
- SectorsHealthcareFinancial Services
- Website category Finance · Insurance
- Phone•••• ••••
- Website alegeus.com
- Social LinkedIn X Facebook
- Acquired by Lightyear Capital (Aug 2012)
- Legal Name Alegeus Technologies India Private Limited
- Date of Incorporation 06 Aug, 2024
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Alegeus
Alegeus operates through Alegeus Technologies India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Alegeus Technologies India Private Limited CIN U62099KA2024FTC191742 | Active | 06 Aug 2024 | Bangalore, Karnataka | ₹0.0 Cr | 4 | View details |
Products & Services of Alegeus
Alegeus offers a comprehensive portfolio of products and services, including Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), Lifestyle Spending Accounts (LSAs), COBRA Services, and Medicare Advantage.
Tax-advantaged accounts for individuals to save for medical expenses.
Employer-funded plans to reimburse employee health costs.
Accounts for wellness and lifestyle-related health expenses.
Platform for managing continued health insurance post-employment.
Solutions for enhanced Medicare plans and participant support.
Funding Insights of Alegeus
- Total Rounds 1
All 1 funding rounds of Alegeus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2017 | Debt – Conventional | – | – | – |
4 investors in total: 4 institutional.
Investors in Alegeus
Alegeus has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Optum, Lightyear Capital and Constitution Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in financial services sector | lycap.com | New York, United States | ||
Constitution Capital Partners is engaged in alternative investment management. | concp.com | Andover, United States | ||
Investments are directed toward high-growth enterprise software and technology companies. | vistaequitypartners.com | Austin, United States | ||
Optum is recognized as a leading health solution and care delivery organization. | 2011 | optum.com | Eden Prairie, United States |
Investor details for Alegeus
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Board of directors of Alegeus Technologies India Private Limited (Alegeus)
Alegeus Technologies India Private Limited is the primary company behind Alegeus. The board of Alegeus Technologies India Private Limited currently have 4 directors; the longest-serving is Shay Gonen, appointed in 2024.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shay Gonen DIN 07471219 | Director | 06 Aug 2024 | 2 yrs 3 mo | Alegeus Technologies India Private Limited |
| Roy Shimon Luria DIN 07441931 | Director | 06 Aug 2024 | 2 yrs 3 mo | Alegeus Technologies India Private Limited |
| Mahendrakumar Deivasikamani DIN 02925276 | Director | 06 Aug 2024 | 2 yrs 3 mo | Alegeus Technologies India Private Limited |
| Lalith Kumar Rathanchand DIN 10377050 | Director | 15 Dec 2025 | 10 mo | Alegeus Technologies India Private Limited |
People of Alegeus
213 people are tracked at Alegeus (69 in leadership, 2 in board & advisors, 142 in team); the tracked headcount is 696.
| Name | Role | Group |
|---|---|---|
Leif O'Leary | CEO | Leadership |
| Chief Financial Officer | Leadership | |
Diane Bochniak | Partner Experience Manager | Leadership |
Nicole Gardner | Senior Director Bank And Consumer Compliance | Leadership |
Kate Matthews | Director, GTM Performance Analytics | Leadership |
Aj Watson | Director, Technical Support & Operations Infrastructure | Leadership |
Dan Brames | Chief Operating Officer | Leadership |
Arjun Srinivasan | Chief Product Officer | Leadership |
Melanie Hallenbeck | Chief Growth Officer | Leadership |
Brian Colburn | Chief Strategy Officer | Leadership |
Anna Lyons | Chief Talent Officer | Leadership |
Jimnahs Miller | Partner Marketing Manager | Leadership |
Ehsan Tabassam | Director, Principal Database Architect | Leadership |
Mayen Ravikumar | Director Of Talent | Leadership |
Chantelle Washington | Sr. Director, Employer Solutions | Leadership |
Dmitry A. Manilov | Senior Director, Information Technology | Leadership |
Jeff Sehnert | Senior Product Director | Leadership |
Inderjith Badrinath | Director For Scrum Masters, Release Train Engineers | Leadership |
Nicole Zajork | Director Of Software Engineering I Office Of The CTO | Leadership |
Phil D. | VP Of Technology Operations | Leadership |
193 more people are available in the full profile.
Complete people profiles for Alegeus
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Financials of Alegeus
Figures of Alegeus Technologies India Private Limited, the primary company behind Alegeus, for FY 2025. Revenue was ₹3.9 Lakh. Net loss was -₹11.8 Lakh (-298% margin). EBITDA was -₹13.7 Lakh (-348% margin).
- ₹3.9 LakhRevenue · FY 2025
- -₹11.8 LakhNet loss · -298% margin
- -₹13.7 LakhEBITDA · -348% margin
- ₹10,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Alegeus Technologies India Private Limited are on its company page.
Detailed financial statements for Alegeus
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Timeline of Alegeus
5 dated milestones of Alegeus across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Alegeus is founded.
- Exit Acquired by Lightyear Capital.
- Funding First funding round.
- Exit Acquired by Vista Equity Partners.
- Exit Acquired by Optum.
Competitors of Alegeus
Alegeus has 3 listed competitors in our database, 3 of them funded. They include Change Healthcare, Greenphire and Cedar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| changehealthcare.com | 2007 | Nashville, United States | $35.99M | 11,310 | Cloud-based solutions are delivered for healthcare payers, providers, and patients. | |
| greenphire.com | 2007 | King Of Prussia, United States | $5.81M | 259 | Clinical payment technology for patient transactions in research is provided. | |
| cedar.com | 2016 | New York, United States | $351M | Cloud-based payment solutions are provided for healthcare billing and analytics. |
Detailed competitors of Alegeus
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Web traffic of Alegeus
The website of Alegeus (alegeus.com) receives about 17.2K visits a month and ranks #2,485,655 among all websites worldwide, #7,076 in Insurance.
- Monthly visits17.2K
▲ 98% vs previous month
- Unique visitors3.8K
per month
- Global rank#2,485,655
among all websites
- Category rank#7,076
Finance · Insurance
- Bounce rate52%
- Pages per visit1.8
- Average visit30 sec
- DevicesDesktop 32% · Mobile 68%
Websites whose visitors overlap most with Alegeus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
providernet.adminisource.com | providernet.adminisource.com | 100% | – | ||
| softheon.com | 96% | 1.2M | #29,189 | View details | |
| wealthcare.com | 93% | #440,442 | View details | ||
mybenefits.com | mybenefits.com | 84% | – | ||
| connecture.com | 84% | 3.8K | #4,612,429 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Alegeus
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- Audience overlap
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Alegeus (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Alegeus
Complete news archive for Alegeus
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Frequently Asked Questions about Alegeus
Alegeus was founded in 1995 and raised its 1st funding round 22 years after it was founded.
Alegeus is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Leif O'Leary is the CEO of Alegeus, as recorded in our data.
Alegeus has 696 employees.
The primary company behind Alegeus, Alegeus Technologies India Private Limited, reported revenue of ₹3.9 Lakh for FY 2025.
Founded in 1995 and based in Waltham, United States, operations focus on healthcare benefits administration within the financial services sector. A platform is provided for managing accounts such as FSAs, HSAs, HRAs, MERPs, VEBAs, DCAPs, and transit benefits. Services include reimbursement processing, benefits card handling, mobile access, eBill options, and payment systems. An employer portal is offered for plan promotion, participant enrollment, administrative tasks, and insurance exchange integration.
Alegeus's top competitors include Change Healthcare, Greenphire and Cedar.
Alegeus offers Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), Lifestyle Spending Accounts (LSAs), COBRA Services, and Medicare Advantage.
Alegeus has 4 investors. Key investors include Optum, Lightyear Capital, Constitution Capital Partners, and Vista Equity Partners.
Alegeus operates through Alegeus Technologies India Private Limited.
Yes. Alegeus was acquired by Lightyear Capital in August 2012.
The legal entities of Alegeus currently have 4 directors, including Shay Gonen, Roy Shimon Luria, Mahendrakumar Deivasikamani and others.