Sana Benefits

Austin, United States Founded: 2017 • Age: 9 yrs
Benefit marketplace solutions for employees
Annual revenue - Latest available
Total funding $110.6M 5 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Sana Benefits

Sana Benefits is a company based in Austin (United States) founded in 2017 by Will Young and Nathan Hackley. Sana Benefits has raised $110.61 million across 5 funding rounds from investors including Greenlight Re, Trust Ventures and Gigafund. Sana Benefits offers products and services including Sana Care and Health Plans. Sana Benefits operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Betterfly, among others.

  • Headquarter Austin, United States
  • Founders Will Young, Nathan Hackley
  • 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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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
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $110.61 M (USD)

    in 5 rounds

  • Latest Funding Round
    $60.09 M (USD), Series B

    Jun 16, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Sana Benefits

Sana Benefits offers a comprehensive portfolio of products and services, including Sana Care and Health Plans.

Product name locked
Category locked
Primary

Provides medical guidance and virtual care for employees.

Product name locked
Category locked
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Offers medical, dental, and vision coverage with cost savings.

People of Sana Benefits

Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Andrew Wheatley
Operations Analyst
People
Andrew Fitch
VP, Operations
People
Paul Dreyer
VP, Finance
People
Lucas Manring
Manager, Fp&a

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Funding Insights of Sana Benefits

Sana Benefits has successfully raised a total of $110.61M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $60.09 million completed in June 2022. 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 Sana Benefits

Sana Benefits has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Greenlight Re, Trust Ventures and Gigafund.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Trust Ventures is focused on funding startups solving societal issues.
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Venture capital firm investing in multiple sectors
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Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors
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Investor details for Sana Benefits

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Investments & Acquisitions by Sana Benefits

Investments
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Investment portfolio details for Sana Benefits

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Financial Statements - Sana Benefits

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Detailed financials for Sana Benefits

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Sana Benefits Comparisons

Sana Benefits Primary company
Description
Benefit marketplace solutions for employees
Location
Austin, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Sana Benefits

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Competitors of Sana Benefits

Sana Benefits 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 Betterfly, 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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Employee health and well-being solutions are delivered through a platform.
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Cloud-based wellness programs are offered for employee health and productivity.
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Detailed competitors of Sana Benefits

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Latest news on Sana Benefits

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Complete news archive for Sana Benefits

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Frequently Asked Questions about Sana Benefits

Sana Benefits was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Sana Benefits is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Sana Benefits is a funded company, having raised a total of $110.61M across 5 funding rounds to date.

Sana Benefits was founded in 2017 and is headquartered in Austin, United States. Operations focus on the health benefits sector, where a digital marketplace is provided to support employees in evaluating and selecting health plans while managing healthcare expenditures. Employers are enabled to optimize resource allocation for benefits administration, reducing inefficiencies in plan management. Services emphasize data-driven decision-making tools tailored for organizational health strategies.

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

Sana Benefits offers Sana Care and Health Plans.

Sana Benefits has 9 investors. Key investors include Greenlight Re, Trust Ventures, Gigafund, American Family Ventures, and mark vc.

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