Search company, investor...
GetInsured company logo

GetInsured

getinsured.com

Founded Year

2005

Stage

Series F | Alive

Total Raised

$78.25M

Last Raised

$26.45M | 8 yrs ago

About GetInsured

Vimo, dba GetInsured, is an integrated comparison shopping portal for health. GetInsured enables small businesses and families to research, rate, and purchase health care products and services with the same ease and transparency as shopping for other products online.

Headquarters Location

1305 Terra Bella Ave

Palo Alto, California, 94303,

United States

650-618-4600

Missing: GetInsured's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: GetInsured's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Expert Collections containing GetInsured

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

GetInsured is included in 3 Expert Collections, including Insurtech.

I

Insurtech

2,688 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

7,750 items

US-based companies

H

Health Plans & Benefits Management

741 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

Latest GetInsured News

14:33 ET GetInsured Relieves Over $1 Million in Medical Debt for Families in Virginia

Dec 20, 2022

News provided by Share this article A new survey from GetInsured looks at Virginians' ongoing struggle with medical costs and debt MOUNTAIN VIEW, Calif. and RICHMOND, Va. , Dec. 20, 2022 /PRNewswire/ -- Public sector healthcare IT leader GetInsured today announced the purchase and retirement of over $1 million in medical debt burdening 2,043 Virginians. This debt acquisition marks GetInsured's seventh such medical debt purchase in partnership with the non-profit RIP Medical Debt , now totaling more than $10.6 million for 7,614 recipients nationwide. One of GetInsured's goals is for as many Americans as possible to have access to affordable high quality health care; working with RIP Medical Debt to alleviate financial barriers to health care access is a key component of GetInsured's mission. "GetInsured's medical debt purchase in Virginia is a continuation of our charitable efforts to mitigate the economic burden of medical debt on Americans and bring light to this pervasive issue. Nearly one in ten Americans have at least $250 of medical debt, and nearly one in seven Virginians have medical debt in collections. Many more are likely feeling the impact of rising inflation on their ability to pay for medical expenses," said Chini Krishnan, co-founder and CEO of GetInsured. "We are thrilled to once again partner with RIP Medical Debt, an organization that that has purchased billions in unpaid debt helping more than four million families." To better understand the impact that medical bills have on the public, GetInsured recently administered a survey of more than 500 Virginia residents in conjunction with the debt buy. The survey found that more than half of Virginians surveyed (50.4 percent) indicated having medical debt now or within the past five years. About 27.7 percent of those responding had more than $1,000 in medical debt and 9.3 percent had more than $5,000. Medical debt is not unique to Virginia. These findings are in line with previous surveys GetInsured has run in other states, such as Nevada and Pennsylvania. The findings are particularly important as inflationary pressures continue and many uninsured Virginians say they remain without coverage. Roughly 21.8 percent of those uninsured listed "too expensive" as the top reason they didn't have coverage, but a whopping 57 percent were not aware of government subsidies available to them to get more affordable coverage. With the state launching its own health insurance exchange in 2023, health insurance premiums are likely to decrease, helping residents get the coverage they need to keep medical costs down. In addition, the Commonwealth plans to run a robust education campaign on the benefits of Virginia's new state-run exchange. The survey also found that 57.1 percent of those with medical debt said it impacted their decisions on whether to get treatment as needed. What's more, 82.7 percent admitted that their medical debt has caused them to cut back on spending or affected their ability to pay for necessities. Roughly 30 percent said it affected their ability to pay for food and groceries and 19.9 percent of those with medical debt said it affected their ability to pay for their rent or mortgage. Those Virginians who will benefit from GetInsured's donation earn less than two times the federal poverty limit and have spent more than five percent of their gross income on medical bills. Also helped by the debt purchase were those who are insolvent due to medical debt, meaning they owe more for medical expenses than their total amount of assets. About GetInsured GetInsured, a Vimo company, is a leading technology provider for state-based exchanges, offering an ACA-compliant cloud-based SaaS technology platform and integrated consumer assistance center operations. GetInsured's roster of clients includes Georgia, Pennsylvania, New Jersey, Nevada, California, Minnesota, Idaho, and Washington. The award-winning SaaS platform processed enrollments for 3 million consumers for plan year 2022, which represents approximately 70 percent of all state-based marketplace enrollments. GetInsured was also recently awarded the contract to establish and support Virginia's new state-based health insurance exchange – a transition that is expected by fall of 2023. SOURCE GetInsured

GetInsured Frequently Asked Questions (FAQ)

  • When was GetInsured founded?

    GetInsured was founded in 2005.

  • Where is GetInsured's headquarters?

    GetInsured's headquarters is located at 1305 Terra Bella Ave, Palo Alto.

  • What is GetInsured's latest funding round?

    GetInsured's latest funding round is Series F.

  • How much did GetInsured raise?

    GetInsured raised a total of $78.25M.

  • Who are the investors of GetInsured?

    Investors of GetInsured include Bessemer Venture Partners, Trinity Ventures, Vocap Investment Partners, River Street Management, Partech Partners and 3 more.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.