About Handl Health
Handl Health is a company based in Pittsburgh (United States) founded in 2021 by Karthik Palaniappan, Aishwaria Shah, and Ahmed Marmoush.. Handl Health has raised $18.25 million across 6 funding rounds from investors including HHS, Plug and Play Tech Center and Techstars. Handl Health offers products and services including Iris and Arke. Handl Health operates in a competitive market with competitors including Noyo, Premera, Blue Cross and Blue Shield of Minnesota, Limelight Health and Genuine Health Group, among others.
- Headquarter Pittsburgh, United States
- Founders Karthik Palaniappan, Aishwaria Shah, Ahmed Marmoush
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Sectors
Financial ServicesHealthcare
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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
$18.25 M (USD)
in 6 rounds
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Latest Funding Round
$14.21 M (USD), Series B
Dec 31, 2025
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Investors
HHS
& 8 more
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Employee Count
Employee Count
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Products & Services of Handl Health
Handl Health offers a comprehensive portfolio of products and services, including Iris and Arke. 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.
AI-driven tool for evaluating healthcare networks and identifying savings
Provides real-time data on healthcare costs for plan members
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Funding Insights of Handl Health
Handl Health has successfully raised a total of $18.25M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $14.21 million completed in December 2025. 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 6
- Last Round Series B — $14.2M
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First Round
First Round
(23 Sep 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series B - Handl Health | Valuation |
investors |
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| Apr, 2024 | Amount | Seed - Handl Health | Valuation |
investors |
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| Nov, 2023 | Amount | Seed - Handl Health | 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 Handl Health
Handl Health has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include HHS, Plug and Play Tech Center and Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Accelerator and venture capital firm
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Founded Year | Domain | Location | |
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Early-stage investments are made in pre-seed startups globally.
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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 Handl Health
| 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 - Handl Health
| 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 |
Handl Health Comparisons
Competitors of Handl Health
Handl Health 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 Noyo, Premera, Blue Cross and Blue Shield of Minnesota, Limelight Health and Genuine Health Group, 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 |
Insurance data exchange and benefit administration solutions for employers
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| domain | founded_year | HQ Location |
Provides comprehensive health insurance services.
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| domain | founded_year | HQ Location |
Provides health insurance services to individuals and families.
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| domain | founded_year | HQ Location |
Quote engine solution for health insurance professionals
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| domain | founded_year | HQ Location |
Healthcare cost management services are offered to healthcare providers.
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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 Handl Health
Frequently Asked Questions about Handl Health
When was Handl Health founded?
Handl Health was founded in 2021.
Where is Handl Health located?
Handl Health is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Handl Health?
Ahmed Marmoush is the current CEO of Handl Health. They have also founded this company.
Is Handl Health a funded company?
Handl Health is a funded company, having raised a total of $18.25M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Sep 23, 2021.
What does Handl Health do?
Employer benefits quoting software for healthcare price transparency. Calculates the true cost of care for enterprises across the healthcare industry, and helps health plans comply with legislation, and digitizes the process of shopping, booking, and paying for care.
Who are the top competitors of Handl Health?
Handl Health's top competitors include Limelight Health, CareFirst and Noyo.
What products or services does Handl Health offer?
Handl Health offers Iris and Arke.
Who are Handl Health's investors?
Handl Health has 9 investors. Key investors include HHS, Plug and Play Tech Center, Techstars, Mucker, and Everywhere VC.
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