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Sana Benefits

Sana Benefits

Private
Austin, TexasFinTechhttps://www.sanabenefits.com/

Last Round

Series B

Extension

May 31, 2023

Est. Valuation

$250M

Total Funding Raised

$135.1M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Sana Benefits is a health insurance company that provides level-funded health plans, including medical, dental, and vision coverage, for small and medium-sized businesses.

Sector

FinTech

Verticals

InsurTech, Telemedicine, HR

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

level-funded health insuranceinsurtechvirtual primary caregroup health planstelemedicinesmall business insuranceemployee benefitsdigital health platformself-funded health modelhealth insurance carrierbenefits administrationSMB health benefitshealth insurance startupvirtual care appstop-loss insurance

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Sana Benefits Comps

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

Sana Benefits comps — public and private peers by 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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Sana Benefits Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionMay 31, 2023
Series BJun 15, 2022
Series A ExtensionOct 26, 2021
Series ASep 10, 2020
SeedOct 29, 2019

Key People

Founding team and executive leadership

Will Young

CEO Co-founder

Founding Team

Andrew Fitch

President COO

Executive Team

Sana Benefits Investors

Notable investors and investment history

Sana Benefits investors
InvestorRounds
Breyer CapitalSeries B, Series A Extension
JAM FundSeries B, Series A Extension
GigaFundSeed, Series B, Series A, Series A Extension
Mark VCSeed, Series B, Series A Extension, Series A
Greenlight ReSeed
Trust VenturesSeries B, Seed, Series A, Series A Extension
Trust VenturesSeries A, Series A Extension, Seed, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 1, 2026

    Partnered with Candorhealth to improve care navigation.

  • Oct 14, 2025

    Grew from 50 to 200 employees, indicating hyper-growth.

Sana Benefits Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Sana Benefits Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersAustin, Texas
Employee Range468
Year Founded2017
Last FundingMay 31, 2023

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