About Healspan
Healspan is a company based in Bengaluru (India) founded in 2022 by Jayasaravanan Alagusundaram, Sabarinath U, and Abhishek Sinha.. Healspan has raised $440.59 thousand across 7 funding rounds from investors including Lead Angels, 10000 Startups and PedalStart. The company has 14 employees as of April 05, 2024. Healspan offers products and services including Online Web Portal, Anywhere Cashless, Seamless Cashless Claims Processing, and Real-Time Claims Tracking. Healspan operates in a competitive market with competitors including Perfios, ABI Health, Osigu, Klaim and Anagram, among others.
- Headquarter Bengaluru, India
- Employees 14 as on 05 Apr, 2024
- Founders Jayasaravanan Alagusundaram, Sabarinath U, Abhishek Sinha
- Stage Minicorn
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Sectors
HealthcareFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Kr4u Technologies Service Private Limited
- Date of Incorporation 20 Apr, 2022
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$3.08 K (USD)0as on Mar 31, 2023
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Net Profit
$-44.62 K (USD)0as on Mar 31, 2023
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EBITDA
$-44.67 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$440.59 K (USD)
in 7 rounds
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Latest Funding Round
$48.89 K (USD), Angel Round
Jan 09, 2025
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Investors
Lead Angels
& 12 more
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Employee Count
14
as on Apr 05, 2024
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Products & Services of Healspan
Healspan offers a comprehensive portfolio of products and services, including Online Web Portal, Anywhere Cashless, Seamless Cashless Claims Processing, and Real-Time Claims Tracking. 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.
Unified hub for healthcare tools and claims management.
Enables cashless facilities beyond insurer networks.
Streamlines claims for efficient patient recovery.
Provides updates on claim progress for transparency.
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Funding Insights of Healspan
Healspan has successfully raised a total of $440.59K across 7 strategic funding rounds. The most recent funding activity was a Angel Round round of $48.89 thousand completed in January 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 7
- Last Round Angel Round — $48,885
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First Round
First Round
(30 Sep 2022)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Angel Round - Healspan | Valuation | Vivek Thar , Vighnesh Bhandari |
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| Jul, 2024 | Amount | Seed - Healspan | Valuation | Lead Angels | |
| Apr, 2024 | Amount | Angel Round - Healspan | 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 Healspan
Healspan has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lead Angels, 10000 Startups and PedalStart. 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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Early-stage startups are supported by sector-agnostic studio PedalStart.
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Founded Year | Domain | Location | |
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Sector agnostic startup accelerator
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Founded Year | Domain | Location | |
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Investment in high-growth startups and angel funding services in India.
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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 Healspan
| 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 - Healspan
| 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 |
Healspan Comparisons
Competitors of Healspan
Healspan 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 Perfios, ABI Health, Osigu, Klaim and Anagram, 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 |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
AI-driven solutions for healthcare operations are provided.
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| domain | founded_year | HQ Location |
Online claims processing is facilitated for the insurance industry.
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| domain | founded_year | HQ Location |
AI-based claims management software is offered to healthcare professionals.
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| domain | founded_year | HQ Location |
Anagram is focused on vision insurance billing solutions.
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| domain | founded_year | HQ Location |
Digital medical cost management solution for payors and employers
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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 Healspan
Frequently Asked Questions about Healspan
When was Healspan founded?
Healspan was founded in 2022.
Where is Healspan located?
Healspan is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Healspan?
Sabarinath U is the current CEO of Healspan. They have also founded this company.
Is Healspan a funded company?
Healspan is a funded company, having raised a total of $440.59K across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $71.99K, raised on Sep 30, 2022.
How many employees does Healspan have?
As of Apr 05, 2024, the latest employee count at Healspan is 14.
What is the annual revenue of Healspan?
Annual revenue of Healspan is $3.08K as on Mar 31, 2023.
What does Healspan do?
Healspan was established in 2022 in Bengaluru, India, within the insurance technology sector. A platform is operated to support life and health insurers through policy administration, claims processing, and full lifecycle management. Workflow automation is implemented, alongside document handling and integrations with compliance and payment systems. Operations are streamlined for efficiency, with services covering cashless claims, real-time tracking, and precise documentation oversight.
Who are the top competitors of Healspan?
Healspan's top competitors include Perfios, ABI Health and Klaim.
What products or services does Healspan offer?
Healspan offers Online Web Portal, Anywhere Cashless, Seamless Cashless Claims Processing, and Real-Time Claims Tracking.
Who are Healspan's investors?
Healspan has 13 investors. Key investors include Lead Angels, 10000 Startups, PedalStart, Gaurav Mittal, and Amit Singhi.
What is Healspan's valuation?
The valuation of Healspan is $2M as of Jul 2024.
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