Funds raised to be utilised in technology, marketing, sales and operations
Insurtech start-up HealthySure has raised $1.2 million (9crore approx.) in a pre-Series A round led by Inflection Point Ventures. The round also saw participation from We Founder Circle, Dexter Angels, Campus Fund, HEM Angels and other private investors. The funds will be used to further fuel its mission of offering innovative and affordable group health insurance led solutions to the Indian workforce and their families.
HealthySure offers product of Unified Health Insurance which lets employees take personal insurance cover as high as Rs. 1 crore. All this is managed through a tech experience for the organisations as well as the employees.
Anuj Parekh, Co-Founder & CEO of HealthySure says, “The current fundraise will help us invest in the team, technology and operations. We are not just building a disruptive startup, we are also looking to transform the lives of millions of Indian families with health security. We see tech as core to achieving our vision and are investing heavily to make our systems seamless and frictionless and hope to drive down health insurance costs further.”
“We are confident that we will unlock even more savings as we continue to innovate further. We ultimately want every Indian to be comprehensively covered through health insurance and eliminate financial worry at the time of health emergencies,” adds Anuj.
HealthySure with a 20-member team is planning to scale up to 50-member team over the next 6 months. The start-up also aims to cover 150,000 individuals in the next 12 months with comprehensive health security and management.