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. hCentive operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Konfío, among others.
- Headquarter Sterling, United States
- Employees 215
- SectorsFinancial ServicesTechnology Healthcare
- Website hcentive.com
- Social LinkedIn X Facebook Instagram
- Legal Name Hcentive Technology India Private Limited
- Date of Incorporation 09 Nov, 2009
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹73.24 Cr
FY 2021 · +18% YoY
- Net Profit₹8.17 Cr
FY 2021 · 11% margin
- EBITDA₹10.39 Cr
FY 2021 · 14% margin
- Total Equity Funding$35M (USD)
in 1 rounds
- Latest Funding Round$35M (USD), Series B
Apr 2014
- Employee Count215
Associated legal entities of hCentive
hCentive operates through Hcentive Technology India Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hcentive Technology India Private Limited CIN U74140TG2009PTC158508 | Amalgamated | 09 Nov 2009 | Hyderabad, Telangana | ₹73.2 Cr | 215 | 4 | View details |
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.
- Total Funding $35M
- Total Rounds 1
- Last Round Series B — $35M
- First Round $35M
(Apr 2014)
All 1 funding rounds of hCentive 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 |
|---|---|---|---|---|---|
| Apr 2014 | $35M | Series B | – | – | – |
Board of directors of Hcentive Technology India Private Limited (hCentive)
Hcentive Technology India Private Limited is the primary company behind hCentive. The board of Hcentive Technology India Private Limited currently have 4 directors; the longest-serving is Akhilesh Sharma, appointed in 2019. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akhilesh Sharma DIN 08333527 | Director | 25 Feb 2019 | 7 yrs 7 mo | Hcentive Technology India Private Limited |
| Jason Wayne Drefahl DIN 08886140 | Director | 29 Sep 2020 | 6 yrs | Hcentive Technology India Private Limited |
| Joseph Michael Smith DIN 08900119 | Director | 07 Dec 2020 | 5 yrs 10 mo | Hcentive Technology India Private Limited |
| Virendra Singh Yadav DIN 09332961 | Director | 27 Sep 2021 | 5 yrs | Hcentive Technology India Private Limited |
Financials of hCentive
Figures of Hcentive Technology India Private Limited, the primary company behind hCentive, for FY 2021. Revenue was ₹73.24 Cr (+18% year on year). Net profit was ₹8.17 Cr (11% margin). EBITDA was ₹10.39 Cr (14% margin). Revenue has grown at a compounded annual rate of -4% over three years.
- ₹73.24 CrRevenue · FY 2021 · +18% YoY
- ₹8.17 CrNet profit · 11% margin
- ₹10.39 CrEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- 215Employees (provident fund records)
- -4%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Hcentive Technology India Private Limited are on its company page.
Detailed financial statements for hCentive
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 hCentive
2 dated milestones of hCentive across 5 years, from founding to its latest funding, stage changes and deals.
- Founded hCentive is founded.
- Funding First funding round of $35.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| practo.com | 2008 | Bengaluru, India | $227.88M | – | Doctor appointments are booked and healthcare professionals are consulted online. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | – | Employee health benefits are facilitated via a cloud-based platform. | |
| sharecare.com | 2010 | Atlanta, United States | $64M | 1,988 | Health and wellness social network for employees is provided. | |
| konfio.mx | 2014 | Miguel Hidalgo, Mexico | $378M | – | Financial solutions platform provider | |
| businessolver.com | 1998 | West Des Moines, United States | $65.16M | 1,401 | Cloud-based employee benefits administration solutions are delivered. | |
| spendesk.com | 2016 | Paris, France | $303.82M | – | Provider of prepaid cards for financial benefits of employees | |
| betterfly.com | 2018 | Santiago, Chile | $202.5M | – | Employee health and well-being solutions are delivered through a platform. | |
| wellhub.com | 2012 | New York, United States | $85M | 213 | Cloud-based wellness programs are offered for employee health and productivity. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. |
Detailed competitors of hCentive
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 hCentive
Websites that share an audience with hCentive (hcentive.com).
Websites whose visitors overlap most with hCentive. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| liazon.com | 100% | – | – | View details | |
| softheon.com | 94% | 1.2M | #29,189 | View details | |
ebixhealth.com | ebixhealth.com | 90% | – | #902,326 | – |
| connecture.com | 87% | 3.8K | #4,612,429 | View details | |
| pinelabs.com | 64% | 522.2K | #90,704 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for hCentive
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Hcentive
Complete news archive for hCentive
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to hCentive
10 companies that operate in the same segment as hCentive (Insurance & Risk Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Life Insurance joint venture between SBI and BNP Paribas Cardiff | 2000 | Mumbai, Maharashtra, India | USD 264 M | USD 14.28 B | 26,360 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States | – | – | – | |
Cloud-based employee benefits administration solutions are delivered. | 1998 | West Des Moines, Iowa, United States | USD 65.16 M | – | – |
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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. The company's 1st funding round was a Series B of $35M, raised on Apr 2014.
hCentive has 215 employees.
The primary company behind hCentive, Hcentive Technology India Private Limited, reported revenue of ₹73.24 Cr for FY 2021, up 18% year on year.
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.
hCentive operates through Hcentive Technology India Private Limited.
The legal entities of hCentive currently have 4 directors, including Jason Wayne Drefahl, Joseph Michael Smith, Akhilesh Sharma and others.