About Employers Health Network
Employers Health Network is a company based in Mount Pleasant (United States) founded in 2014 by Russell Burks and Orlo Dietrich was acquired by Health Plans in July 2022.. Employers Health Network has raised $6.25 million across 1 funding round from investors including Health Plans. Employers Health Network has completed 1 acquisition, including Southern Scripts. Employers Health Network operates in a competitive market with competitors including The IMA Group, OnSite Care, Institutes of Health, QuadMed and Healthstat, among others.
- Headquarter Mount Pleasant, United States
- Founders Russell Burks, Orlo Dietrich
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Sectors
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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.25 M (USD)
in 1 rounds
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Latest Funding Round
$6.25 M (USD), Series A
May 11, 2016
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Health Plans
(Jul 01, 2022)
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Funding Insights of Employers Health Network
Employers Health Network has successfully raised a total of $6.25M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.25 million completed in May 2016. 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 1
- Last Round Series A — $6.2M
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First Round
First Round
(11 May 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series A - Employers Health Network | Valuation |
investors |
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| 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 Employers Health Network
Employers Health Network has secured backing from 1 investor. Prominent investors backing the company include Health Plans. 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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Provides self-funded health plans, benefit administration, and cost management for employers.
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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 Employers Health Network
Employers Health Network has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Southern Scripts. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Engineering and construction services for complex projects are provided.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Employers Health Network
| 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 |
Employers Health Network Comparisons
Competitors of Employers Health Network
Employers Health Network 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 The IMA Group, OnSite Care, Institutes of Health, QuadMed and Healthstat, 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 |
Chain of occupational health clinics
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| domain | founded_year | HQ Location |
Occupational health clinics are operated nationwide as a chain.
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| domain | founded_year | HQ Location |
Multispecialty clinics are operated for workers' compensation treatments.
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| domain | founded_year | HQ Location |
Employer-sponsored healthcare services are provided by QuadMed.
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| domain | founded_year | HQ Location |
Occupational health services are delivered via a chain of clinics.
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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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Frequently Asked Questions about Employers Health Network
When was Employers Health Network founded?
Employers Health Network was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Employers Health Network located?
Employers Health Network is headquartered in Mount Pleasant, United States.
Who is the current CEO of Employers Health Network?
Orlo Dietrich is the current CEO of Employers Health Network. They have also founded this company.
Is Employers Health Network a funded company?
Employers Health Network is a funded company, having raised a total of $6.25M across 1 funding round to date. The company's 1st funding round was a Series A of $6.25M, raised on May 11, 2016.
What does Employers Health Network do?
Employers Health Network was established in 2014 in Mount Pleasant, United States, within the health benefits sector. Employee health services are delivered through structured benefit programs designed for workforce management. Operations are centered on facilitating access to health coverage for businesses. Leadership is provided by co-founders Russell Burks and Orlo Dietrich, with Dietrich serving as CEO. Geographic focus remains on the U.S. market.
Who are the top competitors of Employers Health Network?
Employers Health Network's top competitors include The IMA Group, OnSite Care and Onsite Innovations.
How many acquisitions has Employers Health Network made?
Employers Health Network has made 1 acquisition, including Southern Scripts.
Who are Employers Health Network's investors?
Employers Health Network has 1 investor. Key investors include Health Plans.