OnSurity

Bengaluru, India Founded: 2020 • Age: 6 yrs
Healthcare and wellness membership plans for employees are provided.
Annual revenue $9.1M Latest available
Total funding $87.9M 6 rounds
Employees 297 Tracked headcount
Investors 66 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About OnSurity

OnSurity is a company based in Bengaluru (India) founded in 2020 by Yogesh Agarwal and Kulin Shah. OnSurity has raised $87.93 million across 6 funding rounds from investors including Angel List, International Finance Corporation and Wellfound. The company has 297 employees as of April 05, 2024. OnSurity offers products and services including Onsurity Super App, Group Health Insurance, Health Checkups, Good Doctors, and Group Term Life Insurance. OnSurity operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Konfío, among others.

  • Headquarter Bengaluru, India
  • Employees 297 as on 05 Apr, 2024
  • Founders Yogesh Agarwal, Kulin Shah
  • Stage Minicorn
  • Sectors
    Financial Services
    Technology Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Onsurity Technologies Private Limited
  • Date of Incorporation 05 Feb, 2020
  • Jurisdiction Bangalore South, Karnataka, 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
    $9.1 M (USD)
    354.08
    as on Mar 31, 2023
  • Net Profit
    -$7.07 M (USD)
    -171.88
    as on Mar 31, 2023
  • EBITDA
    -$7.2 M (USD)
    -167.51
    as on Mar 31, 2023
  • Total Equity Funding
    $87.93 M (USD)

    in 6 rounds

  • Latest Funding Round
    $45 M (USD), Series B

    Sep 17, 2024

  • Investors
    Angel List

    & 65 more

  • Employee Count
    297

    as on Apr 05, 2024

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Products & Services of OnSurity

OnSurity offers a comprehensive portfolio of products and services, including Onsurity Super App, Group Health Insurance, Health Checkups, Good Doctors, and Group Term Life Insurance.

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Primary

App for managing employee healthcare benefits and consultations

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Offers coverage for employee health needs and hospitalisations

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Provides discounted medical check-ups for employees

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Facilitates doctor consultations and support during hospital stays

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Delivers life insurance benefits for employees and families

Funding Insights of OnSurity

OnSurity has successfully raised a total of $87.93M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $45 million completed in September 2024. 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.

Investors in OnSurity

OnSurity has secured backing from 66 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, International Finance Corporation and Wellfound.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm that partners with entrepreneurs for product-first companies.
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Fintech investments focused on financial inclusion and global economic growth.
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Financial schemes and rights management under Creaegis.
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Investor details for OnSurity

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Investments & Acquisitions by OnSurity

Investments
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Investment portfolio details for OnSurity

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Financial Statements - OnSurity

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Detailed financials for OnSurity

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  • Profit trends
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Onsurity Comparisons

OnSurity Primary company
Description
Healthcare and wellness membership plans for employees are p...
Location
Bengaluru, India
Founded Year
2020
Annual Revenue
$9.1 M (USD)
Net Profit
-$7.07 M (USD)
EBITDA
-$7.2 M (USD)
Employees
297
As of 2024
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Peer comparison for OnSurity

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Competitors of OnSurity

OnSurity 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.
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Employee health benefits are facilitated via a cloud-based platform.
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Health and wellness social network for employees is provided.
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Financial solutions platform provider
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Cloud-based employee benefits administration solutions are delivered.
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Detailed competitors of OnSurity

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Latest news on Onsurity

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Complete news archive for OnSurity

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Frequently Asked Questions about OnSurity

OnSurity was founded in 2020.

OnSurity is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Yogesh Agarwal is the current CEO of OnSurity. They have also founded this company.

OnSurity is a funded company, having raised a total of $87.93M across 6 funding rounds to date.

As of Apr 05, 2024, the latest employee count at OnSurity is 297.

Annual revenue of OnSurity is $9.1M as on Mar 31, 2023.

OnSurity was founded in 2020 in Bengaluru, India, within the healthcare and wellness sector. Membership plans are offered to employees, encompassing group health insurance, term life insurance, personal accident coverage, and maternity benefits. Discounts on medicines, health check-ups, and wellness services such as fitness rewards, nutrition plans, teleconsultations, doorstep delivery, and mental and dental health support are included. Operations focus on corporate employee benefits.

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

OnSurity offers Onsurity Super App, Group Health Insurance, Health Checkups, Good Doctors, and Group Term Life Insurance.

OnSurity has 66 investors. Key investors include Angel List, International Finance Corporation, Wellfound, Nexus Venture Partners, and Quona.

The valuation of OnSurity is $75.64M as of Jul 2023.

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