Financials

Estimates*

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Revenues, earnings & profits over time
EUR2021
Revenues35.0m
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DateInvestorsAmountRound

N/A

Seed
N/A

$2.4m

Early VC

$3.6m

Seed

$20.8m

Series A
*

$20.0m

Valuation: $104m

Series A
*

$60.0m

Series B
Total Funding$107m

Recent News about Sana Benefits

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More about Sana Benefitsinfo icon
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Sana Benefits is a startup that provides modern health benefits tailored for small businesses. The company operates in the health insurance market, specifically targeting small businesses that are looking to offer comprehensive health plans to their employees. These plans include medical, dental, and vision coverage, with additional benefits such as $0 healthcare options, virtual care, maternity services, labs, and imaging services.

Sana Benefits' business model is centered around offering affordable, quality care that breaks down the barriers often associated with health insurance. By providing better benefits, Sana Benefits helps small businesses attract and retain top talent, which can save money in the long run. The company also simplifies the management of these benefits, making it easy for businesses to handle open enrollment, add or remove employees in real time, reconcile invoices, and get a transparent view of their claims spend.

The company generates revenue by selling these health plans to small businesses. Sana Benefits has a high customer satisfaction rate, with 9 out of 10 businesses renewing with Sana after their first year. This indicates a high level of customer retention, which is crucial for the company's financial stability and growth.

Keywords: Health Insurance, Small Businesses, Comprehensive Health Plans, Affordable Care, Quality Care, Customer Satisfaction, Employee Benefits, Revenue Generation, Customer Retention, Health Benefits Management.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.