Burst
PrivateLast Round
Seed
Feb 25, 2026
Total Funding Raised
$3M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Burst is a fintech company that provides a platform to help consumers and retailers manage FSA and HSA spending by automating the issuance of Letters of Medical Necessity (LMNs) for eligible health and wellness products.
Sector
FinTech
Verticals
Digital Payments, Retail Technology, Telemedicine, Compliance
Business Model
B2B2C
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Burst Comparables
Compare Burst with similar companies based on industry and business-model similarity.
Burst Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Feb 25, 2026 | ||||
| Pre Seed | Nov 1, 2024 |
Key People
Founding team and executive leadership
Burst Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Palette Ventures | Seed |
| Rock Health Capital | Seed |
| Pear VC | Seed |
| Meridian Ventures | Seed |
| Alumni Ventures | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 1, 2026
Grew 63% QoQ from 8 to 13 employees.
- Jul 23, 2025
Grew 133% QoQ from 3 to 7 employees.
Burst Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Burst's valuation, stock price, and market status.