ClaimTherapist

Gurugram, India Founded: 2019 • Age: 7 yrs Minicorn
Health insurance claims management is provided online.

About ClaimTherapist

ClaimTherapist is a Financial Services company based in Gurugram (India) founded in 2019 by Anshul Kochar. Health insurance claims management is provided online. ClaimTherapist has raised $367.59 thousand across 1 funding round from investors including WaterBridge Ventures, Daljit Singh and Ajith Pai. The company has 162 employees. ClaimTherapist was last valued at $1.34 million in July 2020. Its Indian entity Anh Technologies Private Limited reported revenue of β‚Ή7.31 Cr. ClaimTherapist offers products and services including Cashless Claim Processing, Medical Financing, and Fast Discharge Facility. Its focus areas include FinTech, Internet First Insurance Platforms, Consumer Insurance Management and Claims Support. Its competitors include ClaimBuddy, Vitraya and Bima Garage; 3 of its 3 listed competitors have raised funding.

Company details

ClaimTherapist was founded in 2019 and is based in Gurugram, India. Online management of health insurance claims is handled, with services encompassing claims assistance, policy oversight, claims tracking, and hospital support. Additional features include pre-diagnosis guidance, hospital selection aid, claim processing, and document handling within the health insurance sector. Operations focus on streamlining these processes for users across India.

Key Metrics
  • Annual Revenue
    ₹7.31 Cr

    FY 2024 · -59% YoY

  • Net Loss
    -₹4.87 Cr

    FY 2024 · -67% margin

  • EBITDA
    -₹2.22 Cr

    FY 2024 · -30% margin

  • Total Equity Funding
    $367.59K (USD)

    in 1 rounds

  • Latest Funding Round
    $367.59K (USD), Seed

    Jul 2020

  • Investors
  • Employee Count
    162

Products & Services of ClaimTherapist

ClaimTherapist offers a comprehensive portfolio of products and services, including Cashless Claim Processing, Medical Financing, and Fast Discharge Facility.

Cashless Claim Processing
Claim Management

Facilitates seamless health insurance claims for hospitals.

Medical Financing
Financial Services

Offers loans for medical treatments to support patients.

Fast Discharge Facility
Hospital Management

Enables quick patient discharges in under 30 minutes.

Apps and channels of ClaimTherapist

its YouTube channel ClaimTherapist has 42 subscribers and 3 videos.

ClaimTherapist
YouTube 42 subscribers 3 videos People & Blogs
Open channel

Videos from ClaimTherapist

The most watched videos on ClaimTherapist's YouTube channel, ClaimTherapist (42 subscribers). Click a video to play it here.

@ClaimTherapist gave me the best Patient Experience | seamless medical insurance claim journey.
195 views
@ClaimTherapist turned my reimbursement claim into cashless experience.
178 views
@ClaimTherapist helped me with an early discharge
97 views

More on ClaimTherapist.

Funding Insights of ClaimTherapist

ClaimTherapist has successfully raised a total of $367.59K through 1 strategic funding round. The most recent funding activity was a Seed round of $367.59 thousand completed in July 2020. 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 $367,592
  • Total Rounds 1
  • Last Round Seed β€” $367,592
  • First Round $367,592

    (Jul 2020)

  • Investors Count 6

All 1 funding rounds of ClaimTherapist with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2020$367,592Seed$1.34MWaterBridge
Valuation history
DateValuationStage
Jul 2020$1.34Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.34M (Jul 2020). 6 investors in total: 1 institutional and 5 angel.

Investors in ClaimTherapist

ClaimTherapist has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include WaterBridge Ventures, Daljit Singh and Ajith Pai.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage tech investments are focused on by WaterBridge in India.
waterbridge.vcDelhi, India

Daljit Singh

unknown_38631ea4a5bc42eda

Ajith Pai

Angel investor, ex-entrepreneur, focused on Indian startups in tech and consumer sectors.
unknown_8fb73989bef14468a

Suraj Saharan

Co-founder of Delhivery, active angel investor in Indian startups
unknown_2c1b133e61dc49a7a

Kapil Bharathi

unknown_8df5b514389d4bd2a

Abhishek Goyal

Founder of Tracxn, active angel investor in Indian startups
unknown_072d0afe970147c6b
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Investor details for ClaimTherapist

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Anh Technologies Private Limited (ClaimTherapist)

Anh Technologies Private Limited is the primary company behind ClaimTherapist. The board of Anh Technologies Private Limited currently has 1 director; the longest-serving is Anshul Kochar, appointed in 2022. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anshul Kochar
DIN 06422925
Director22 Aug 20224 yrs 2 moAnh Technologies Private Limited

People of ClaimTherapist

1 people are tracked at ClaimTherapist (1 in leadership); the tracked headcount is 162.

NameRoleGroup
Co-FounderLeadership
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Complete people profiles for ClaimTherapist

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
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Verified entity values are shown only after access is granted.

Financials of ClaimTherapist

Figures of Anh Technologies Private Limited, the primary company behind ClaimTherapist, for FY 2024. Revenue was ₹7.31 Cr (-59% year on year). Net loss was -₹4.87 Cr (-67% margin). EBITDA was -₹2.22 Cr (-30% margin). Revenue has grown at a compounded annual rate of +61% over three years.

  • ₹7.31 CrRevenue · FY 2024 · -59% YoY
  • -₹4.87 CrNet loss · -67% margin
  • -₹2.22 CrEBITDA · -30% margin
  • ₹68 LakhPaid-up capital
  • 162Employees (provident fund records)
  • +61%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Anh Technologies Private Limited are on its company page.

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Detailed financial statements for ClaimTherapist

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of ClaimTherapist

3 dated milestones of ClaimTherapist across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded ClaimTherapist is founded.
  2. Funding First funding round of $368K.
  3. Milestone Reaches Minicorn status.

Competitors of ClaimTherapist

ClaimTherapist has 3 listed competitors in our database, 3 of them funded. They include ClaimBuddy, Vitraya and Bima Garage.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
claimbuddy.in2020Gurugram, India$8.24M98
Platform offering medical insurance claims support solutions
vitraya.com2019Delhi, India$12.83M71
Automated claims adjudication and settlement are provided for healthcare.
bimagarage.com2018Thane, India$874,98889
Health insurance claims support solutions for insurance holders, hospitals, and insurance agents
Premium access

Detailed competitors of ClaimTherapist

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Insurance Providers

3 companies that operate in the same segment as ClaimTherapist (Insurance Providers) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Insurance plans are compared and purchased via an online marketplace.
2008Gurugram, Haryana, IndiaUSD 502.59 M31,422
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Frequently Asked Questions about ClaimTherapist

ClaimTherapist was founded in 2019 and raised its 1st funding round 1 year after it was founded.

ClaimTherapist is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

ClaimTherapist is a funded company, having raised a total of $367.59K across 1 funding round to date. The company's 1st funding round was a Seed of $367.59K, raised on Jul 2020.

ClaimTherapist has 162 employees.

The primary company behind ClaimTherapist, Anh Technologies Private Limited, reported revenue of β‚Ή7.31 Cr for FY 2024, down 59% year on year.

ClaimTherapist was founded in 2019 and is based in Gurugram, India. Online management of health insurance claims is handled, with services encompassing claims assistance, policy oversight, claims tracking, and hospital support. Additional features include pre-diagnosis guidance, hospital selection aid, claim processing, and document handling within the health insurance sector. Operations focus on streamlining these processes for users across India.

ClaimTherapist's top competitors include Vitraya, ClaimBuddy and Bima Garage.

ClaimTherapist offers Cashless Claim Processing, Medical Financing, and Fast Discharge Facility.

ClaimTherapist has 6 investors. Key investors include WaterBridge Ventures, Daljit Singh, Ajith Pai, Suraj Saharan, and Kapil Bharathi.

The valuation of ClaimTherapist is $1.34M as of Jul 2020.

ClaimTherapist operates through Anh Technologies Private Limited.

The legal entities of ClaimTherapist currently have 1 director, including Anshul Kochar.

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