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Remodel Health Secures Over $100M in Funding to Expand in the ICHRA Market

Dec 29, 2024•over 1 year ago

Contract Type

partnership

IndianapolisSoftwareHealth Care

Description

Remodel Health, a provider of ICHRA plans, has raised more than $100 million in growth funding from Oak HC/FT and Hercules Capital. The funding will support the company’s national expansion and further develop the ICHRA market for employers and brokers across the U.S.

Company Information

Company

Remodel Health

Location

Indianapolis, Indiana, United States

About

Remodel Health is the expert guide for employers and brokers navigating the complexities of transitioning to ICHRA (Individual Coverage Health Reimbursement Arrangement). With nearly a decade of experience in the individual health benefits space, our proprietary software and licensed health benefits experts deliver tailored solutions for businesses with 100 to 10,000 employees. Committed to best-in-class customer service, we provide hands-on support throughout the process, ensuring successful implementation and long-term success.

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Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months