About Healspan
Healspan is a Healthcare company based in Bengaluru (India) founded in 2022 by Jayasaravanan Alagusundaram, Sabarinath U, and Abhishek Sinha. Insurance policies and claims are managed via an automated platform. It operates in the Healthcare and Financial Services sectors. Healspan has raised $440.59 thousand across 7 funding rounds from investors including Lead Angels, 10000 Startups and PedalStart. The company has 14 employees. Healspan was last valued at $2 million in July 2024. Its chief executive, as recorded, is Sabarinath U. Its Indian entity Kr4u Technologies Service Private Limited reported revenue of ₹42.2 Lakh. Healspan offers products and services including Online Web Portal, Anywhere Cashless, Seamless Cashless Claims Processing, and Real-Time Claims Tracking. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Perfios and ABI Health; 2 of its 2 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 14
- Founders Jayasaravanan Alagusundaram, Sabarinath U, Abhishek Sinha
- Stage Minicorn
- SectorsHealthcareFinancial Services
- Email••••••••
- Phone•••• ••••
- Website healspan.com
- Social LinkedIn X
- Legal Name Kr4u Technologies Service Private Limited
- Date of Incorporation 20 Apr, 2022
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹42.2 Lakh
FY 2024 · +1547% YoY
- Net Loss-₹92.8 Lakh
FY 2024 · -220% margin
- EBITDA-₹1.36 Cr
FY 2024 · -323% margin
- Total Equity Funding$440.59K (USD)
in 7 rounds
- Latest Funding Round$48.89K (USD), Angel Round
Jan 2025
- InvestorsLead Angels
& 12 more
- Employee Count14
Associated legal entities of Healspan
Healspan operates through Kr4u Technologies Service Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kr4u Technologies Service Private Limited CIN U72900KA2022PTC160260 | Active | 20 Apr 2022 | Bengaluru, Karnataka | ₹0.4 Cr | 14 | 2 | View details |
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.
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.
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 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 $440,587
- Total Rounds 7
- Last Round Angel Round — $48,885
- First Round $56,944
(Sep 2022)
- Investors Count 13
All 7 funding rounds of Healspan 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 |
|---|---|---|---|---|---|
| Jan 2025 | $48,885 | Angel Round | – | Vivek Thar, Vighnesh Bhandari | – |
| Jul 2024 | $97,527 | Seed | $2M | Lead Angels | |
| Apr 2024 | $71,989 | Angel Round | $2.63M | – | – |
| Oct 2023 | $145,256 | Seed | $••••• | PedalStart | – |
| Dec 2022 | $19,986 | Angel Round | – | Gaurav Mittal, Dharuba Jyoti Roykarmakar | |
| Dec 2022 | Grant | – | – | ||
| Sep 2022 | $56,944 | Angel Round | $••••• | Gaurav Mittal, Amit Singhi | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $2M | •••••••• |
| Apr 2024 | $2.63M | •••••••• |
| Oct 2023 | $••••• | •••••••• |
Full valuation and stage history of Healspan
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $2M (Jul 2024). 13 investors in total: 4 institutional and 9 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are supported by sector-agnostic studio PedalStart. | pedalstart.com | Gurugram, India | ||
Sector agnostic startup accelerator | 2013 | 10000startups.com | Noida, India | |
Investment in high-growth startups and angel funding services in India. | 2014 | leadangels.in | Mumbai, India | |
Provides online courses, community, and consulting for healthcare business growth. | 2021 | thedoctorpreneuracademy.com | Ahmedabad, India | |
GM Gaurav Mittal | unknown_0306c4cc90b44b2a8 | |||
AS Amit Singhi | Angel investor, ex-CFO of Flipkart, strategic advisor in tech and e-commerce | unknown_9b32e739f62f4d38a | ||
KJ Ketan Jain | unknown_071c469f94bf46e4b | |||
AJ Ankitt Jain | Co-founder of Infra.Market, active angel investor in Indian startups | unknown_202e1c3290804b768 | ||
SN Srijith Nair | unknown_01eca21fe8e544628 | |||
DJ Dharuba Jyoti Roykarmakar | unknown_368e996df57043319 |
Investor details for Healspan
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Board of directors of Kr4u Technologies Service Private Limited (Healspan)
Kr4u Technologies Service Private Limited is the primary company behind Healspan. The board of Kr4u Technologies Service Private Limited currently have 2 directors; the longest-serving is Abhishekh Arunkumar Sinha, appointed in 2022. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishekh Arunkumar Sinha DIN 07606083 | Director | 20 Apr 2022 | 4 yrs 6 mo | Kr4u Technologies Service Private Limited |
| Sabarinath Unnikrishnan DIN 08946999 | Director | 20 Apr 2022 | 4 yrs 6 mo | Kr4u Technologies Service Private Limited |
People of Healspan
3 people are tracked at Healspan (3 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
Jayasaravanan Alagusundaram | Co-Founder | Leadership |
Sabarinath U | Co-Founder & CEO | Leadership |
Abhishek Sinha | Co-Founder & CBO | Leadership |
Complete people profiles for Healspan
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Healspan
Figures of Kr4u Technologies Service Private Limited, the primary company behind Healspan, for FY 2024. Revenue was ₹42.2 Lakh (+1547% year on year). Net loss was -₹92.8 Lakh (-220% margin). EBITDA was -₹1.36 Cr (-323% margin).
- ₹42.2 LakhRevenue · FY 2024 · +1547% YoY
- -₹92.8 LakhNet loss · -220% margin
- -₹1.36 CrEBITDA · -323% margin
- ₹14.6 LakhPaid-up capital
- 14Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Kr4u Technologies Service Private Limited are on its company page.
Detailed financial statements for Healspan
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Healspan
4 dated milestones of Healspan across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Healspan is founded.
- Funding First funding round of $57K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $49K.
Competitors of Healspan
Healspan has 2 listed competitors in our database, 2 of them funded. They include Perfios and ABI Health.
| 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. |
Detailed competitors of Healspan
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Related news about Healspan
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Frequently Asked Questions about Healspan
Healspan was founded in 2022.
Healspan is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sabarinath U is the CEO of Healspan, as recorded in our data. They have also founded this 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 $56.94K, raised on Sep 2022.
Healspan has 14 employees.
The primary company behind Healspan, Kr4u Technologies Service Private Limited, reported revenue of ₹42.2 Lakh for FY 2024, up 1547% year on year.
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.
Healspan's top competitors include Perfios and ABI Health.
Healspan offers Online Web Portal, Anywhere Cashless, Seamless Cashless Claims Processing, and Real-Time Claims Tracking.
Healspan has 13 investors. Key investors include Lead Angels, 10000 Startups, PedalStart, Gaurav Mittal, and Amit Singhi.
The valuation of Healspan is $2M as of Jul 2024.
Healspan operates through Kr4u Technologies Service Private Limited.