About Transparent Health Group
Transparent Health Group is a company based in Swarthmore (United States) founded in 2009. It operates as a Managed Services. Transparent Health Group has raised $3.2 million across 1 funding round. The company has 8 employees as of December 31, 2022. Transparent Health Group offers products and services including Benefits Navigation, Portal Technology, Billing & Commission, Data Hub & Enrollment, and Provider Services. Transparent Health Group operates in a competitive market with competitors including Acurus Solutions, Adva-Net, American Health Connection, Paton and Lacuna Health, among others.
- Headquarter Swarthmore, United States
- Employees 8 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Transparent Health Group Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.2 M (USD)
in 1 rounds
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Latest Funding Round
$3.2 M (USD), Series A
Sep 25, 2014
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Investors
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Employee Count
8
as on Dec 31, 2022
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Products & Services of Transparent Health Group
Transparent Health Group offers a comprehensive portfolio of products and services, including Benefits Navigation, Portal Technology, Billing & Commission, Data Hub & Enrollment, and Provider Services. 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.
Member engagement is created at plan year start.
Online portals are provided for employees and vendors.
Invoicing and payment processing are managed efficiently here.
Enrollment solutions are offered for individuals and groups.
Single contact point is provided for claims eligibility.
ID cards and benefits info are accessed via app.
Funding Insights of Transparent Health Group
Transparent Health Group has successfully raised a total of $3.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.2 million completed in September 2014. 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 Series A — $3.2M
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First Round
First Round
(25 Sep 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Series A - Transparent Health Group | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Transparent Health Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Transparent Health Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Transparent Health Group Comparisons
Competitors of Transparent Health Group
Transparent Health Group 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 Acurus Solutions, Adva-Net, American Health Connection, Paton and Lacuna Health, 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 |
Offers medical billing information and patient support services for healthcare.
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| domain | founded_year | HQ Location |
Call center services are provided by Adva-Net from Sarasota.
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| domain | founded_year | HQ Location |
Provides full-service medical call center for patient communications and healthcare efficiency.
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| domain | founded_year | HQ Location |
Provider of call system and communication services for caregivers & patients
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| domain | founded_year | HQ Location |
Provides professional call center services to support business operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Transparent Health Group
When was Transparent Health Group founded?
Transparent Health Group was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is Transparent Health Group located?
Transparent Health Group is headquartered in Swarthmore, United States. It is registered at Swarthmore, Pennsylvania, United States.
Is Transparent Health Group a funded company?
Transparent Health Group is a funded company, having raised a total of $3.2M across 1 funding round to date. The company's 1st funding round was a Series A of $3.2M, raised on Sep 25, 2014.
How many employees does Transparent Health Group have?
As of Dec 31, 2022, the latest employee count at Transparent Health Group is 8.
What does Transparent Health Group do?
Transparent Health Group is engaged in delivering operational services to Third Party Administrators and health insurance carriers. Services are focused on self-funded health plans, ensuring that members are educated about benefits and cost-saving measures through concierge customer service. Outbound welcome calls are made at the start of each plan year, and ongoing support is offered for both members and providers. Additionally, billing and funds management solutions are provided through the Veridy system, which includes enrollment, invoicing, and payment processing. Portals for employers, vendors, and members are maintained to facilitate access to policy details. The company operates within the healthcare sector, specializing in health insurance administration.
Who are the top competitors of Transparent Health Group?
What products or services does Transparent Health Group offer?
Transparent Health Group offers Benefits Navigation, Portal Technology, Billing & Commission, Data Hub & Enrollment, and 2 more products and services.