About Alegeus
Alegeus is a company based in Waltham (United States) founded in 1995 was acquired by Optum in July 2026. The company has 696 employees as of December 31, 2022. Alegeus offers products and services including Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), Lifestyle Spending Accounts (LSAs), COBRA Services, and Medicare Advantage. Alegeus operates in a competitive market with competitors including Change Healthcare, Greenphire, Cedar, HealthEdge and Innovaccer, among others.
- Headquarter Waltham, United States
- Employees 696 as on 31 Dec, 2022
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HealthcareFinancial Services
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- Legal Name Alegeus Technologies India Private Limited
- Date of Incorporation 06 Aug, 2024
- Jurisdiction Bangalore South, Karnataka, India
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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.
People of Alegeus
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Funding Insights of Alegeus
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.
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Constitution Capital Partners is engaged in alternative investment management.
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Investments are directed toward high-growth enterprise software and technology companies.
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Investor details for Alegeus
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Investments & Acquisitions by Alegeus
Investment portfolio details for Alegeus
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Financial Statements - Alegeus
Detailed financials for Alegeus
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Alegeus Comparisons
Peer comparison for Alegeus
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Competitors of Alegeus
Alegeus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Change Healthcare, Greenphire, Cedar, HealthEdge and Innovaccer, among others.
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Cloud-based solutions are delivered for healthcare payers, providers, and patients.
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Clinical payment technology for patient transactions in research is provided.
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Cloud-based payment solutions are provided for healthcare billing and analytics.
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Software solutions for healthcare payers are provided.
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Provider of an AI-powered cloud platform for healthcare performance improvement
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Digital solutions to modernize the healthcare financial experience for payers, providers, and members
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Detailed competitors of Alegeus
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Latest news on 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 current CEO of Alegeus.
As of Dec 31, 2022, the latest employee count at Alegeus is 696.
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, HealthEdge and Innovaccer.
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.