Bind On-Demand Health Insurance logo — Built for today's lifestyle, offering flexible health covera...

Bind On-Demand Health Insurance

Built for today's lifestyle, offering flexible health coverage paid according to your needs, not unnecessary services.

Founded 2016 Series B Total: $237.50M Health Care, Insurance +2

General Information

Company Name Bind On-Demand Health Insurance
Founded Year 2016
Industries Health Care, Insurance, Health insurance +1
Funding Stage Series B
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About Bind On-Demand Health Insurance

With a focus on modern lifestyles, Bind On-Demand Health Insurance offers a flexible approach to health coverage, aligning payments with individual needs rather than unnecessary services. Founded in 2016, Bind revolutionizes the health insurance industry by allowing users to tailor their coverage, paying only for the services they utilize. This beneficial model stands in contrast to traditional plans that bill for potentially unnecessary services. Recently, Bind secured a notable $105.00M Series B investment on 21 October 2020, attracting backing from Lemhi Ventures, Ascension Ventures, and UnitedHealth Group Ventures. Amidst the disruption of the health care and insurance sectors, Bind's innovative approach and strategic investor support position it as a compelling player in the market. The company's emphasis on flexibility and individualized coverage reflects an understanding of evolving consumer preferences, aligning with broader shifts observed in the health care and human resources industries.

Taxonomy: health insurance, flexible coverage, modern lifestyle, personalized plans, customizable insurance, usage-based pricing, consumer-centric, innovative insurance, lifestyle-oriented, customer-driven, adaptive coverage

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series B - Bind On •••••• 3
Investor Investor Investor
21 Oct 2020
Debt Financing - Bind On •••••• - 01 Oct 2019
Series A - Bind On •••••• 3
Investor Investor
•••• ••••
28 Jun 2018
Series A - Bind On •••••• 1
Investor
20 Feb 2018
Venture Round - Bind On •••••• 1
Investor
27 Jul 2017

Bind On-Demand Health Insurance Alternatives & Competitors

Bind On-Demand Health Insurance vs
Sellers Insurance
Sellers Insurance United States

Small enough to know you. Big enough to serve you.

32 employees
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Bind On-Demand Health Insurance vs
BayCoast Insurance
BayCoast Insurance United States

Protecting what's most important to you.

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Bind On-Demand Health Insurance vs
InsureScan
InsureScan United States

The Future of Insurance

Seed
6 employees
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FAQ About Bind On-Demand Health Insurance

Built for today's lifestyle, offering flexible health coverage paid according to your needs, not unnecessary services.
Bind On-Demand Health Insurance was founded in 2016.
Bind On-Demand Health Insurance operates in the following industries: Health Care, Insurance, Health insurance, Human Resources.
Bind On-Demand Health Insurance has completed 5 funding rounds, raising a total of $237.50M. The latest funding stage is Series B.
Top alternatives and competitors to Bind On-Demand Health Insurance include Sellers Insurance , BayCoast Insurance, InsureScan, JM Insurance Services, LLC, Insurance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Bind On-Demand Health Insurance and Sellers Insurance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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