About FlexMinder
FlexMinder is a Healthcare company based in Chicago (United States) founded in 2011, and was acquired by Jellyvision in January 2017. It operates as a healthcare reimbursement processes are automated for claims submission. It operates in the Healthcare and Financial Services sectors. FlexMinder has raised $2.77 million across 4 funding rounds from investors including Techstars, Jellyvision and WRF Capital. The company has 374 employees. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is THE JELLYVISION LAB, INC. Its competitors include Perfios, ABI Health, Osigu, TriZetto and Anagram and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
FlexMinder was founded in 2011 in Chicago, United States, as a SaaS provider in the healthcare sector. Reimbursement processes are automated, including claims submission for Third Party Administrators to minimize manual handling, time, and expenses. Selection for the TechStars incubator program occurred in 2011. Healthcare expenses are monitored, FSA claims are prepared and filed, contribution levels are estimated, and spending recommendations are generated.
- Headquarters Chicago, United States
- Employees 374
- Stage Acquired
- SectorsHealthcareFinancial Services
- Website flexminder.com
- Social LinkedIn X Facebook
- Acquired by Jellyvision (Jan 2017)
- Legal Name The Jellyvision Lab, Inc.
- Total Equity Funding$2.77M (USD)
in 4 rounds
- Latest Funding Round$1.2M (USD), Series A
Mar 2014
- InvestorsTechstars
& 4 more
- Employee Count374
- Acquired byJellyvision
(Jan 2017)
Funding Insights of FlexMinder
FlexMinder has successfully raised a total of $2.77M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.2 million completed in March 2014. 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 $2.77M
- Total Rounds 4
- Last Round Series A — $1.2M
- Investors Count 4
All 4 funding rounds of FlexMinder 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 |
|---|---|---|---|---|---|
| Mar 2014 | $1.2M | Series A | – | Washington Research Foundation | – |
| Dec 2012 | $1.4M | Series A | – | Founders' Co-op, Alliance of Angels | – |
| Jan 2012 | $170,000 | Seed | – | – | – |
| Nov 2011 | – | Seed | – | – |
5 investors in total: 5 institutional.
Investors in FlexMinder
FlexMinder has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Techstars, Jellyvision and WRF Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in Washington-based startups by WRF Capital. | – | wrfcapital.com | Seattle, United States | |
Seed and early-stage tech investments are made in the US. | – | founderscoop.com | Seattle, United States | |
- | – | allianceofangels.com | - | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
SaaS-based benefits management software for employees is provided. | 2001 | jellyvision.com | Chicago, United States |
Investor details for FlexMinder
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Timeline of FlexMinder
4 dated milestones of FlexMinder across 6 years, from founding to its latest funding, stage changes and deals.
- Founded FlexMinder is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $1.2M.
- Exit Acquired by Jellyvision.
Competitors of FlexMinder
FlexMinder has 9 listed competitors in our database, 9 of them funded. They include Perfios, ABI Health, Osigu, TriZetto and Anagram, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | – | Provides financial technology solutions for data analysis and verification globally. | |
| abi-health.com | 2013 | Bengaluru, India | $16.18M | 82 | AI-driven solutions for healthcare operations are provided. | |
| osigu.com | 2015 | Guatemala | $45.21M | – | Online claims processing is facilitated for the insurance industry. | |
| trizetto.com | 1997 | Greenwood Village, United States | $10.5M | – | Software solutions for healthcare payers and providers are offered. | |
| anagram.care | 2014 | San Francisco, United States | $17.65M | 14 | Anagram is focused on vision insurance billing solutions. | |
| miyahealth.com | 2018 | Singapore | $6.58M | – | Digital medical cost management solution for payors and employers | |
| hps.md | 2005 | Milwaukee, United States | $27M | 38 | Provider of an all-in-one statement and payment solution for healthcare billing | |
| jopari.com | 2003 | Concord, United States | $28.28M | 78 | An online platform is utilized for managing medical claim transactions. | |
| eligible.com | 2011 | San Francisco, United States | $27.88M | 11 | Cloud-based solutions for insurance claim processing are offered to insurers. |
Detailed competitors of FlexMinder
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of FlexMinder
Websites that share an audience with FlexMinder (flexminder.com).
Websites whose visitors overlap most with FlexMinder. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
24hourflex.com | 24hourflex.com | 100% | – | – | – |
| lightercapital.com | 74% | 33.3K | #973,890 | View details | |
| grouptalent.com | 41% | 680.7K | – | View details | |
| smore.com | 39% | 12.7M | #7,085 | View details |
Top companies in Clinical IT & Data Platforms
10 companies that operate in the same segment as FlexMinder (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
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 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | 992 | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | 2,470 | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Related news about Flexminder
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Frequently Asked Questions about FlexMinder
FlexMinder was founded in 2011.
FlexMinder is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
FlexMinder is a funded company, having raised a total of $2.77M across 4 funding rounds to date.
FlexMinder has 374 employees.
FlexMinder was founded in 2011 in Chicago, United States, as a SaaS provider in the healthcare sector. Reimbursement processes are automated, including claims submission for Third Party Administrators to minimize manual handling, time, and expenses. Selection for the TechStars incubator program occurred in 2011. Healthcare expenses are monitored, FSA claims are prepared and filed, contribution levels are estimated, and spending recommendations are generated.
FlexMinder's top competitors include Perfios, ABI Health and Anagram.
FlexMinder has 5 investors. Key investors include Techstars, Jellyvision, WRF Capital, Founders' Co-op, and Alliance of Angels.
FlexMinder operates through The Jellyvision Lab, Inc..
Yes. FlexMinder was acquired by Jellyvision in January 2017.