Artificial Intelligence | Machine Learning Vericred | Digital Distribution of Health Insurance


Enterprise, Health Care, Information Services, Health Insurance, Employee Benefits, Digital Health New York, NY, United States

Vericred

Artificial Intelligence | Machine Learning


Vericred | Digital Distribution of Health Insurance

Vericred

Health Care, Information Services, Health Insurance, Employee Benefits, Digital Health


New York, NY, United States

Vericred is the leading healthcare data services company, operating at the intersection of health insurance and technology. Vericred partners with carriers across the nation to deliver structured health insurance data to insurtech platforms that are transforming today’s healthcare experience, from care management to finding the right insurance plan. Its datasets are the foundation on which the healthcare industry builds innovative solutions.

Vericred’s health insurance data platform comprises plan design and rate data, provider-network data, and formulary data, offering a solution to an industry plagued by highly fragmented, rapidly changing data that currently exists in non-standard and non-structured formats. Vericred aggregates data from thousands of sources, which it then normalizes, structures, and delivers through a modern API. It is the only company offering access to all three datasets through a single integration point. The company’s data portfolio includes the individual under 65, small group, large group, and Medicare Advantage markets.

 

B2B

51 to 100

Series B

$34.1 M

Scaling Up

2014

 
 

Insurance
Information Services
Healthcare
Life & Health Insurance

Increase Efficiencies
Reduce Operational Costs

Increase Efficiency
Reduce Operational Cost

 
 

Service

Yes

Active

 
 

   Machine Learning


Health Care

Health Care

Insurance Platform

Insurance Platform


Semi-Structured

Semi-Structured

Text

Text

 

   Software


Ruby on Rails

Ruby on Rails

APIs

APIs


Machine Learning Algorithm

Machine Learning Algorithm

 
 

View All

Software Engineer

New York, New York

Senior Business Analyst, Enrollments and Member Management

Remote, Remote

Sales Executive - InsurTech, Benefits Administration Technology

New York, New York

SaaS Sales Executive

Remote, Remote

Quality Assurance Analyst, Enrollment and Member Management

Omaha, Nebraska

 
 

7

1

$23 M

Company was founded 2014 and it took almost 7 years (Apr 2021) to raise first external round

 
 

Date

Round

$ Raised

Investors

04/13/2021

Series B

$23 M

Aquiline Technology Growth, Echo Health Ventures, FCA Venture Partners, First Health Capital Partners, Guardian Strategic Ventures, MassMutual Ventures, Riverside Acceleration Capital

Date : 04/13/2021

Round: Series B

$ Raised: $23 M

Investors: Aquiline Technology Growth, Echo Health Ventures, FCA Venture Partners, First Health Capital Partners, Guardian Strategic Ventures, MassMutual Ventures, Riverside Acceleration Capital

 
 
Michael Levin


Michael Levin
Founder and CEO

Dan Langevin


Dan Langevin
CTO