About Ansel
Ansel is a company based in New York (United States) founded in 2019 by Veer Gidwaney was acquired by Renaissance in November 2025.. Ansel has raised $70.67 million across 5 funding rounds from investors including Plug and Play Tech Center, Reinsurance Group of America and SymphonyAI. Ansel offers products and services including Supplemental Health Plan, Employer Portal, and Mobile App. Ansel operates in a competitive market with competitors including Hinge Health, Accolade, Sharecare, Businessolver and Betterfly, among others.
- Headquarter New York, United States
- Founders Veer Gidwaney
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Sectors
Financial ServicesTechnology Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Ansel Health Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$70.67 M (USD)
in 5 rounds
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Latest Funding Round
$20 M (USD), Series B
Jan 23, 2024
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Investors
Plug and Play Tech Center
& 16 more
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Employee Count
Employee Count
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Acquired by
Renaissance
(Nov 04, 2025)
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Products & Services of Ansel
Ansel offers a comprehensive portfolio of products and services, including Supplemental Health Plan, Employer Portal, and Mobile App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Covers injuries and illnesses with fast cash payouts and easy claims
Platform for paperless enrollment and benefit management
App for filing claims and receiving quick payments
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Funding Insights of Ansel
Ansel has successfully raised a total of $70.67M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $20.0M
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First Round
First Round
(21 May 2020)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series B - Ansel | Valuation | Portage | |
| Nov, 2023 | Amount | Series B - Ansel | Valuation |
investors |
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| Apr, 2021 | Amount | Series A - Ansel | Valuation | Brewer Lane Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ansel
Ansel has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Plug and Play Tech Center, Reinsurance Group of America and SymphonyAI. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A global fintech and financial services investment platform is operated.
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Founded Year | Domain | Location | |
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Early-stage investments in tech sectors are managed by the firm.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ansel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ansel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ansel Comparisons
Competitors of Ansel
Ansel 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 Hinge Health, Accolade, Sharecare, Businessolver and Betterfly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Virtual physical therapy and digital pain care solutions are provided.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
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| domain | founded_year | HQ Location |
Cloud-based employee benefits administration solutions are delivered.
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| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
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| domain | founded_year | HQ Location |
Cloud-based wellness programs are offered for employee health and productivity.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ansel
Frequently Asked Questions about Ansel
When was Ansel founded?
Ansel was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Ansel located?
Ansel is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Ansel?
Veer Gidwaney is the current CEO of Ansel. They have also founded this company.
Is Ansel a funded company?
Ansel is a funded company, having raised a total of $70.67M across 5 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on May 21, 2020.
What does Ansel do?
Ansel was founded in 2019 in New York, United States, within the health insurance sector. Plans are provided for individuals and employers, with coverage extended to multiple conditions including urgent medical care. The platform delivers plan information, online administrative tools, and a member portal where claims are filed and benefits are checked. Operations focus on streamlined access to these services.
Who are the top competitors of Ansel?
Ansel's top competitors include Accolade, Hinge Health and Wellhub.
What products or services does Ansel offer?
Ansel offers Supplemental Health Plan, Employer Portal, and Mobile App.
Who are Ansel's investors?
Ansel has 17 investors. Key investors include Plug and Play Tech Center, Reinsurance Group of America, SymphonyAI, Portage, and Morgan Creek.