hCentive

Sterling, United States Founded: 2009 • Age: 17 yrs
Provider of health insurance exchange solutions for individual, employees and providers
Annual revenue $9.8M Latest available
Total funding $35.0M 1 rounds
Employees 215 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About hCentive

hCentive is a company based in Sterling (United States) founded in 2009. hCentive has raised $35 million across 1 funding round. The company has 215 employees as of March 23, 2024. hCentive operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Konfío, among others.

  • Headquarter Sterling, United States
  • Employees 215 as on 23 Mar, 2024
  • Sectors
    Financial Services
    Technology Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hcentive Technology India Private Limited
  • Date of Incorporation 09 Nov, 2009
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $9.85 M (USD)
    17.68
    as on Mar 31, 2021
  • Net Profit
    $1.1 M (USD)
    174.56
    as on Mar 31, 2021
  • EBITDA
    $1.4 M (USD)
    137.52
    as on Mar 31, 2021
  • Total Equity Funding
    $35 M (USD)

    in 1 rounds

  • Latest Funding Round
    $35 M (USD), Series B

    Apr 09, 2014

  • Investors
    Not available
  • Employee Count
    215

    as on Mar 23, 2024

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Funding Insights of hCentive

hCentive has successfully raised a total of $35M through 1 strategic funding round. The most recent funding activity was a Series B round of $35 million completed in April 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.

Investments & Acquisitions by hCentive

Investments
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Investment portfolio details for hCentive

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Financial Statements - hCentive

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Detailed financials for hCentive

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Hcentive Comparisons

hCentive Primary company
Description
Provider of health insurance exchange solutions for individu...
Location
Sterling, United States
Founded Year
2009
Annual Revenue
$9.85 M (USD)
Net Profit
$1.1 M (USD)
EBITDA
$1.4 M (USD)
Employees
215
As of 2024
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Peer comparison for hCentive

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Competitors of hCentive

hCentive 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, Practo, Accolade, Sharecare and Konfío, among others.

Company Name Domain Founded year HQ Location Description
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Virtual physical therapy and digital pain care solutions are provided.
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Doctor appointments are booked and healthcare professionals are consulted online.
Locked Locked Locked
Employee health benefits are facilitated via a cloud-based platform.
Locked Locked Locked
Health and wellness social network for employees is provided.
Locked Locked Locked
Financial solutions platform provider
Locked Locked Locked
Cloud-based employee benefits administration solutions are delivered.
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Detailed competitors of hCentive

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Latest news on Hcentive

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Frequently Asked Questions about hCentive

hCentive was founded in 2009 and raised its 1st funding round 5 years after it was founded.

hCentive is headquartered in Sterling, United States.

hCentive is a funded company, having raised a total of $35M across 1 funding round to date.

As of Mar 23, 2024, the latest employee count at hCentive is 215.

Annual revenue of hCentive is $9.85M as on Mar 31, 2021.

hCentive offers a SaaS solution that helps payers, states, and the federal government set up exchanges and online sales portals through their WebInsure suite of products. hCentive is an exchange solution that helps distribute and manage health insurance and ancillary benefits among consumers and businesses. The company provides online benefits shopping and enrollment experience to consumers, employees, and healthcare providers. The platform has tools for benefits management and insurance claims for the useres.

hCentive's top competitors include Accolade, Hinge Health and Wellhub.

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