About Take Command Health
Take Command Health provides health insurance solutions for independent professionals and small business owners, focusing on Health Reimbursement Arrangements (HRAs). They offer two main types of HRAs: Qualified Small Employer HRA (QSEHRA) and Individual Coverage HRA (ICHRA), allowing employers to allocate funds for employees to purchase their own health insurance or cover medical expenses. The company stands out by offering a user-friendly platform that simplifies HRA management and provides personalized advice and negotiated savings. Their goal is to enhance the health insurance experience by making it flexible and easy to manage.
Dallas, TexasHeadquarters
2014Year Founded
$44.9MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Financial Services, HealthcareIndustries
51-200Employees
Benefits
Health Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Paid Parental Leave
Flexible Work Hours
Risks
Increased competition from Centene's Ambetter Health in Indiana may impact market share.
Rapid expansion, like the Richardson office, could strain operational efficiency.
Pressure from investors for quick returns may affect strategic decisions.
Differentiation
Take Command Health specializes in HRAs, offering QSEHRA and ICHRA options.
The company provides a user-friendly platform for easy HRA setup and management.
Take Command Health offers personalized advice and negotiated savings for clients.
Upsides
Take Command Health secured $25M in growth investment in September 2023.
The rise of gig economy workers expands the market for independent health insurance.
Increased telehealth adoption aligns with Take Command Health's flexible insurance solutions.
Funding
Total raised$44.94 M
Latest valuation$60.00 M
StageGROWTH_EQUITY_VC
GROWTH EQUITY VC
8/31/2023$25
EARLY VC
10/31/2022$4
$60.00 MSERIES A
3/31/2021$12
$60.00 MSEED
8/31/2017$1
$3.50 M