About Transcarent
Transcarent is a company based in San Francisco (United States) founded in 2018. Transcarent has raised $424 million across 4 funding rounds from investors including Intermountain Healthcare, Kleiner Perkins and Northwell. The company has 179 employees. Transcarent has completed 2 acquisitions, including 98point6 and Accolade. Transcarent offers products and services including WayFinding, Transcarent Clinic, and Health Guides. Transcarent operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
- Headquarter San Francisco, United States
- Employees 179
- Stage Unicorn
- SectorsTechnologyHealthcare
- Email••••••••
- Website transcarent.com
- Social LinkedIn X Facebook
- Total Equity Funding$424M (USD)
in 4 rounds
- Latest Funding Round$126M (USD), Series D
May 2024
- InvestorsIntermountain Healthcare
& 17 more
- Employee Count179
- Investments & Acquisitions98point6
& 1 more
Products & Services of Transcarent
Transcarent offers a comprehensive portfolio of products and services, including WayFinding, Transcarent Clinic, and Health Guides.
AI-guided tool for health journey steps and benefits access
Provides 24/7 virtual clinical support and care delivery
Offers personalized advice on benefits and health needs
Funding Insights of Transcarent
Transcarent has successfully raised a total of $424M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $126 million completed in May 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.
- Total Funding $424M
- Total Rounds 4
- Last Round Series D — $126M
- First Round $40M
(Oct 2020)
- Investors Count 18
All 4 funding rounds of Transcarent 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 |
|---|---|---|---|---|---|
| May 2024 | $126M | Series D | – | General Catalyst, 7wire Ventures | |
| Jan 2022 | $200M | Series C | $1.62B | Kinnevik, Human Capital | |
| Jun 2021 | $58M | Series B | – | General Catalyst, 7wire Ventures | |
| Oct 2020 | $40M | Series A | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $1.62B | •••••••• |
Last known valuation $1.62B (Jan 2022). 18 investors in total: 18 institutional.
Investors in Transcarent
Transcarent has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Intermountain Healthcare, Kleiner Perkins and Northwell.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and transformation services for entrepreneurs in technology and finance sectors. | – | generalcatalyst.com | - | |
Tech focused early stage VC firm investing primarily in the US | – | 7wireventures.com | Chicago, United States | |
Growth-stage tech investments are targeted in the US and Japan. | – | geodesiccap.com | Foster City, United States | |
Early-stage startups are funded by Threshold VC firm. | – | threshold.vc | Palo Alto, United States | |
Venture capital investments are directed toward multiple sectors by Kinnevik. | 1936 | kinnevik.com | Stockholm, Sweden | |
Private equity and hedge fund investments in healthcare are managed. | – | ally-bridge.com | Hong Kong, China | |
Venture capital investments are directed toward multiple sectors. | – | human.capital | San Francisco, United States | |
Corporate-backed venture capital is focused on the life science sector. | – | merckghifund.com | Kenilworth, United States | |
Venture capital firm focused on healthcare companies | – | altapartners.com | Jackson, United States | |
Venture capital firm investing in life sciences sector | – | leaps.bayer.com | Leverkusen, Germany |
Investor details for Transcarent
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Transcarent
193 people are tracked at Transcarent (74 in leadership, 5 in board & advisors, 114 in team); the tracked headcount is 179.
| Name | Role | Group |
|---|---|---|
Caitlin Fleming | Chief Strategy Officer | Leadership |
Glen Tullman | CEO | Leadership |
Pani Shoja | Sr Associate Medical Director | Leadership |
Snezana Mahon | COO | Leadership |
Stephanie Peng | Chief Financial Officer | Leadership |
Xuexin Sean Zhang | Director, Information Security | Leadership |
Leslie Krigstein | VP, Government Affairs | Leadership |
Kelsey Neururer | Director, Care Delivery Operations | Leadership |
Rob McGillivray | Senior Vice President - Employer Sales | Leadership |
Joe Dunlop | Vp, Strategic Sales | Leadership |
Alex Lim | Senior Director, Finance Systems | Leadership |
Brooke Strode | Vp, Business Development And Strategic Growth- Health Plan | Leadership |
Janine Gianfredi | Chief Marketing Officer | Leadership |
Praful Kaul | CTO | Leadership |
Katie Connelly | Senior Director, Solutions Innovation | Leadership |
Randy Hawkins | Chief Medical Officer | Leadership |
Bennett Blodgett | Vice President Enterprise Sales | Leadership |
Cristina M. Cabrera | Director, Employer Solutions | Leadership |
Kerri-Ann Lewis | Director Of Commercial Marketing | Leadership |
Jennifer Trzepacz | Chief People Officer | Leadership |
173 more people are available in the full profile.
Complete people profiles for Transcarent
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Transcarent
Transcarent has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include 98point6 and Accolade.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | accolade.com | Plymouth Meeting, United States | 2007 | Jan 2025 | $621M | |
Digital platform offering virtual care experiences for providers and patients | 98point6.com | Seattle, United States | 2015 | Mar 2023 | •••• |
Complete acquisition details for Transcarent
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
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Timeline of Transcarent
6 dated milestones of Transcarent across 7 years, from founding to its latest funding, stage changes and deals.
Competitors of Transcarent
Transcarent 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 Spendesk, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| practo.com | 2008 | Bengaluru, India | $227.88M | – | Doctor appointments are booked and healthcare professionals are consulted online. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | – | Employee health benefits are facilitated via a cloud-based platform. | |
| sharecare.com | 2010 | Atlanta, United States | $64M | 1,988 | Health and wellness social network for employees is provided. | |
| spendesk.com | 2016 | Paris, France | $303.82M | – | Provider of prepaid cards for financial benefits of employees | |
| betterfly.com | 2018 | Santiago, Chile | $202.5M | – | Employee health and well-being solutions are delivered through a platform. | |
| wellhub.com | 2012 | New York, United States | $85M | 213 | Cloud-based wellness programs are offered for employee health and productivity. | |
| league.com | 2014 | Toronto, Canada | $241.95M | 103 | SaaS platform for managing employee health benefits is offered. | |
| cerner.com | 1979 | North Kansas, United States | – | 5,159 | Online platform for employee health benefits |
Detailed competitors of Transcarent
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Transcarent
The website of Transcarent (transcarent.com) receives about 38.6K visits a month.
- Monthly visits38.6K
▲ 17.3% vs previous month
Websites whose visitors overlap most with Transcarent. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| healthcarefinancenews.com | 100% | – | #865,232 | View details | |
| medcitynews.com | 100% | 128.8K | #363,034 | View details | |
modernhealthcare.com | modernhealthcare.com | 100% | – | #215,566 | – |
| youtube.com | 30% | 30.4B | #2 | View details | |
| linkedin.com | 29% | 1.9B | #18 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Transcarent
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Transcarent
Complete news archive for Transcarent
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Transcarent
10 companies that operate in the same segment as Transcarent (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about Transcarent
Transcarent was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Transcarent is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Glen Tullman is the current CEO of Transcarent.
Transcarent is a funded company, having raised a total of $424M across 4 funding rounds to date. The company's 1st funding round was a Series A of $40M, raised on Oct 2020.
Transcarent has 179 employees.
Transcarent was founded in 2018 in San Francisco, United States, as a provider of employee health benefits solutions within the healthcare sector. An AI-powered platform is utilized to guide users through healthcare navigation, including benefits management, clinical advice, and care coordination. Virtual and in-person care options are connected for various needs, such as mental health support, cancer treatment, and weight management services.
Transcarent's top competitors include Accolade, Hinge Health and Wellhub.
Transcarent offers WayFinding, Transcarent Clinic, and Health Guides.
Transcarent has 18 investors. Key investors include Intermountain Healthcare, Kleiner Perkins, Northwell, Rush University Medical Center, and Memorial Hermann.
The valuation of Transcarent is $1.62B as of Jan 2022.