About Tesser Health
Tesser Health is a company based in Miami (United States) founded in 2014 was acquired by ELMC Group in December 2019.. Tesser Health has raised $470 thousand across 1 funding round from investors including ELMC Group and Cofounders Capital. Tesser Health offers products and services including Subscription Service. Tesser Health operates in a competitive market with competitors including Bennie, eHealth, Clair, Nayya and Plum, among others.
- Headquarter Miami, United States
-
Sectors
Financial ServicesTechnology Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Tesser Health, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$470 K (USD)
in 1 rounds
-
Latest Funding Round
$470 K (USD), Seed
Jan 18, 2017
-
Investors
ELMC Group
& 1 more
-
Employee Count
Employee Count
-
Acquired by
ELMC Group
(Dec 11, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Tesser Health
Tesser Health offers a comprehensive portfolio of products and services, including Subscription Service. 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.
Email-based service for health updates and platform notifications.
Funding Insights of Tesser Health
Tesser Health has successfully raised a total of $470K through 1 strategic funding round. The most recent funding activity was a Seed round of $470 thousand completed in January 2017. 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 1
- Last Round Seed — $470,000
-
First Round
First Round
(18 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Seed - Tesser Health | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tesser Health
Tesser Health has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ELMC Group and Cofounders Capital. 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 |
|---|---|---|---|---|
|
Early-stage technology startups are supported through venture capital investments.
|
Founded Year | Domain | Location | |
|
Insurance underwriting services are provided by ELMC Group.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Tesser Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Tesser Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tesser Health Comparisons
Competitors of Tesser Health
Tesser Health 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 Bennie, eHealth, Clair, Nayya and Plum, 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 |
Employee health benefits are managed via an HR broker platform.
|
|
| domain | founded_year | HQ Location |
Online health insurance comparison platform for individuals and small businesses
|
|
| domain | founded_year | HQ Location |
Embedded Earned Wage Access solutions are provided for HR platforms.
|
|
| domain | founded_year | HQ Location |
Cloud based benefit marketplace for employees
|
|
| domain | founded_year | HQ Location |
Employee health benefits and insurance solutions are provided by Plum.
|
|
| domain | founded_year | HQ Location |
An online healthcare pricing guide
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Tesser Health
When was Tesser Health founded?
Tesser Health was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Tesser Health located?
Tesser Health is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is Tesser Health a funded company?
Tesser Health is a funded company, having raised a total of $470K across 1 funding round to date. The company's 1st funding round was a Seed of $470K, raised on Jan 18, 2017.
What does Tesser Health do?
Tesser Health offers price transparency software of drugs to employees. Claims to have data from over 60,000 pharmacies and several PBMs with drug prices updated daily. The software captures the price savings opportunity and generate a specific way to save money, while securely delivering the data via encrypted email or a text message to each employee directly. The employer dashboard provides insight on drug spend, current savings, and employee engagement.
Who are the top competitors of Tesser Health?
What products or services does Tesser Health offer?
Tesser Health offers Subscription Service.
Who are Tesser Health's investors?
Tesser Health has 2 investors. Key investors include ELMC Group, and Cofounders Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.