Mending

Mending

Private
New York City, New YorkHealthcare & Life Scienceshttps://mending.com

Last Round

Series A

Jul 9, 2025

Total Funding Raised

$31.5M

Company Overview

Mending is a health insurance company that offers AI-native, ACA-compliant major medical health plans in Maine and Oklahoma, featuring in-network partnerships with Direct Primary Care doctors.

Sector

Healthcare & Life Sciences

Verticals

InsurTech, Medical AI, Mental Health

Business Model

B2C

Customer Profile

Subscription SaaS

AI Layer

Non-AI

Keywords

direct primary careDPChealth insuranceACA health planssmall business health insuranceObamacare plansDPC health plansindividual health insurancezero copay primary careconcierge healthcarehealth insurance carrierzero copay mental healthACA MarketplaceICHRAInsurTechfully-insured health plansindividual coverage HRA

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Mending Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Mending Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AJul 9, 2025
SeedAug 2, 2023

Key People

Founding team and executive leadership

Frank Wu

Co-Founder CEO

Founding Team

Mending Investors

Notable investors and investment history

InvestorRounds
Cherubic VenturesSeed, Series A
Floating PointSeed, Series A
Necessary VenturesSeed, Series A
FPV VenturesSeed, Series A
Quiet CapitalSeed, Series A
Alumni VenturesSeed, Series A
Hummingbird VenturesSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 31, 2026

    Launched Mending Access for Direct Primary Care nationwide.

Mending Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Mending Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Mending's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew York City, New York
Employee Range28
Year Founded2021
Last FundingJul 9, 2025

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