Ansel Raises $20M to Bring Simpler, Supplemental Insurance to Americans Nationwide

Jan 23, 2024•almost 2 years ago

Amount Raised

$20 Million

New YorkInsurtechInsurance

Investors

Morgan Creek Capital ManagementOperator PartnersSymphony AiDigitalis VenturesPlug And Play VenturesSix Thirty VenturesBrewer Lane VenturesTwo Sigma VenturesPortage

Description

Ansel, an insurtech, announced that it has raised a $20M round of funding led by Portage, with participation from Two Sigma Ventures, Brewer Lane Ventures, SixThirty Ventures, Plug and Play Ventures, Digitalis Ventures, Symphony AI, Operator Partners, Morgan Creek Capital Management, and several others. The new infusion of capital, which brings Ansel’s total raised to over $50M, will enable the company to continue to grow the availability of its modern supplemental insurance solution to employees nationwide.

Company Information

Company

Ansel Health

Location

New York, New York, United States

About

Ansel Health Inc. (“Ansel”) is an insurance technology company founded in 2019 with a mission to create a world where health hardships don’t lead to financial hardships. Ansel offers an innovative supplemental health insurance plan that covers over 13,000 conditions and provides cash benefits upon diagnosis, without requiring an accident or hospitalization. The company partners with leading insurance carriers that collectively insure tens of millions of Americans and their families.

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