Sapphire Digital company logo

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getsapphire.com

Founded Year

2019

Stage

Acquired | Acquired

Total Raised

$85.46M

About Sapphire Digital

Sapphire Digital is a provider of an engagement platform to reduce the cost of health care. The company provides an omnichannel digital engagement and shopping platform for consumers, employers, and health plans to impact the cycle of high-cost health care.On September 14th, 2021, Sapphire Digital was acquired by Zelis. The terms of the transaction were not disclosed.

Sapphire Digital Headquarter Location

160 Chubb Avenue Suite 301

Lyndhurst, New Jersey, 07071,

United States

(201) 963-4331

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Expert Collections containing Sapphire Digital

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Sapphire Digital is included in 2 Expert Collections, including Digital Health.

D

Digital Health

12,801 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

H

Health IT

2,240 items

This collection includes public and private companies, as well as startups, that market software solutions to healthcare provider organizations.

Latest Sapphire Digital News

Zelis Completes Acquisition of Sapphire Digital

Oct 19, 2021

Combined company enhances healthcare consumer solutions and accelerates mission to harmonize the complete pricing and payments process. Download October 19, 2021 09:48 AM Eastern Daylight Time BEDMINSTER, N.J.--( BUSINESS WIRE )-- Zelis , a leading payments company in healthcare, today announced the completion of its previously announced acquisition of Sapphire Digital (“Sapphire”), the healthcare industry’s leading platform for provider selection, patient access, price transparency, and digital consumer navigation. Nearly 100 million people rely on Sapphire to help them discover, select and gain access to the care they need. “This is an exciting day for both companies as we complete the acquisition of Sapphire and accelerate our efforts to harmonize healthcare payments and to help healthcare consumers navigate their healthcare financial journeys,” said Amanda Eisel, CEO of Zelis. “In the short term, we’re looking forward to supporting our clients in remaining compliant with legislative requirements, including the No Surprises Act and Transparency in Coverage rule.” Kyle Raffaniello, CEO of Sapphire echoed Amanda’s sentiments, “We’re thrilled to become part of Zelis as together we amplify our offerings and help healthcare consumers to make more informed choices on care. Already, we’re building plans to drive a better experience for healthcare payers and their members.” TripleTree, LLC served as the exclusive financial advisor to Sapphire Digital for this transaction. Sapphire Digital was represented by Lowenstein Sandler LLP and Zelis was represented by Kirkland & Ellis in the transaction. About Zelis As a leading payments company in healthcare, we price, pay, and explain healthcare for payers, providers, and healthcare consumers. Zelis was founded on the belief that there is a better way to determine the cost of a healthcare claim, manage payment-related data, and make the payment. We partner with more than 700 payers, including the top-5 national health plans, Blues plans, regional health plans, TPAs and self-insured employers, 1.5 million providers and millions of members, enabling the healthcare industry to pay for care, with care. For more information, visit zelis.com and follow us on LinkedIn . About Sapphire Digital Sapphire Digital empowers consumers to make better choices that deliver health care savings for consumers, health plans and employers. Our solutions integrate complex data, insights, and engagement with leading technology to drive intelligent, and personalized patient journeys. We help direct consumers to high-quality, more affordable medical care, and drive measurable and sustainable savings. More than 100 million people rely on Sapphire Digital to help them decide on their care with confidence. For more information, please visit sapphire-digital.com . Contacts

Sapphire Digital Web Traffic

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Sapphire Digital Rank

  • When was Sapphire Digital founded?

    Sapphire Digital was founded in 2019.

  • Where is Sapphire Digital's headquarters?

    Sapphire Digital's headquarters is located at 160 Chubb Avenue, Lyndhurst.

  • What is Sapphire Digital's latest funding round?

    Sapphire Digital's latest funding round is Acquired.

  • How much did Sapphire Digital raise?

    Sapphire Digital raised a total of $85.46M.

  • Who are Sapphire Digital's competitors?

    Competitors of Sapphire Digital include Talon.

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