Founder Collective

Founder Collective is a seed and early-stage venture capital firm founded in 2009 with roots in Cambridge, Massachusetts and offices in New York. The firm is built by entrepreneurs who have founded and exited technology companies, and it aims to back founders by providing practical capital and guidance to navigate the risks of venture funding. It concentrates on early investments in technology companies, with an emphasis on software and information technology, and it makes bets across the United States and beyond, though its roots are on the East Coast. The team partners with portfolio companies to help them scale, often supporting startups that seek modest initial financings. Through its network and hands-on approach, Founder Collective seeks to partner with ambitious teams to grow durable, technology-driven businesses.

Joe DeFilippi

CFO

David Frankel

Managing Partner

Amanda Herson

Principal and Investor

Zach Klein

Founder and Partner

Eric Paley

Managing Partner

Past deals in Health Insurance

Trek Health

Series A in 2025
Trek Health develops software that enables mental health providers to commence working with insurance networks. Its platform employs artificial intelligence to analyze market data, facilitating payer contract benchmarking and negotiation.

Trek Health

Seed Round in 2022
Trek Health develops software that enables mental health providers to commence working with insurance networks. Its platform employs artificial intelligence to analyze market data, facilitating payer contract benchmarking and negotiation.

Avant-garde Health

Series A in 2022
Avant-garde Health, Inc. is a health care solutions company based in Allston, Massachusetts, founded in 2014. It specializes in developing a web-based analytics platform that assists hospitals and physicians in analyzing and comparing costs and outcomes associated with care delivery. The platform is designed to enhance clinical decision-making by measuring care process costs, comparing treatment-specific data, and leveraging insights from peer institutions to improve healthcare results. Avant-garde Health collaborates with leading healthcare providers focused on enhancing the value of care, aiming to transform health care delivery through actionable insights that facilitate better understanding and improvement of costs and patient outcomes. The company emerged from research at Harvard Business School, emphasizing value-based health care delivery principles.

Flume Health

Series A in 2022
Flume Health Inc. is a third-party administrator of health plans based in New York, founded in 2018. The company focuses on making self-insured health plans more affordable and user-friendly by offering exceptional customer support alongside innovative payment technology. Flume Health's platform enables members to access healthcare services at significantly reduced rates, typically 20-40% lower than traditional network prices. Additionally, the company employs a virtual assistant to address healthcare-related inquiries, facilitating private communication with trained care guides. Their services include providing data to identify quality medical care, booking appointments, and sending reminders, all aimed at helping clients find affordable medical providers that meet their needs.

Ianacare

Series A in 2022
Ianacare is a digital platform designed to assist working family caregivers by connecting them with practical and emotional support networks. Launched in 2017, it facilitates care management for individuals with chronic illnesses or other needs, rallying personal social circles to provide assistance such as meals, rides, respite care, and more.

Ansel Health

Series A in 2021
Ansel Health is a Delaware-based company established in 2019, developing a health insurance platform for employers to enhance employee benefits with simple supplemental health plans. It offers cash payments upon diagnosis for over 13,000 conditions, utilizing data-driven tools and automated claim processing.

Ansel Health

Seed Round in 2020
Ansel Health is a Delaware-based company established in 2019, developing a health insurance platform for employers to enhance employee benefits with simple supplemental health plans. It offers cash payments upon diagnosis for over 13,000 conditions, utilizing data-driven tools and automated claim processing.

Ansel Health

Seed Round in 2020
Ansel Health is a Delaware-based company established in 2019, developing a health insurance platform for employers to enhance employee benefits with simple supplemental health plans. It offers cash payments upon diagnosis for over 13,000 conditions, utilizing data-driven tools and automated claim processing.

Ianacare

Venture Round in 2020
Ianacare is a digital platform designed to assist working family caregivers by connecting them with practical and emotional support networks. Launched in 2017, it facilitates care management for individuals with chronic illnesses or other needs, rallying personal social circles to provide assistance such as meals, rides, respite care, and more.

Flume Health

Seed Round in 2019
Flume Health Inc. is a third-party administrator of health plans based in New York, founded in 2018. The company focuses on making self-insured health plans more affordable and user-friendly by offering exceptional customer support alongside innovative payment technology. Flume Health's platform enables members to access healthcare services at significantly reduced rates, typically 20-40% lower than traditional network prices. Additionally, the company employs a virtual assistant to address healthcare-related inquiries, facilitating private communication with trained care guides. Their services include providing data to identify quality medical care, booking appointments, and sending reminders, all aimed at helping clients find affordable medical providers that meet their needs.

Avant-garde Health

Seed Round in 2018
Avant-garde Health, Inc. is a health care solutions company based in Allston, Massachusetts, founded in 2014. It specializes in developing a web-based analytics platform that assists hospitals and physicians in analyzing and comparing costs and outcomes associated with care delivery. The platform is designed to enhance clinical decision-making by measuring care process costs, comparing treatment-specific data, and leveraging insights from peer institutions to improve healthcare results. Avant-garde Health collaborates with leading healthcare providers focused on enhancing the value of care, aiming to transform health care delivery through actionable insights that facilitate better understanding and improvement of costs and patient outcomes. The company emerged from research at Harvard Business School, emphasizing value-based health care delivery principles.

CoverWallet

Series A in 2016
CoverWallet is an online platform that enables businesses to manage and purchase commercial insurance. It provides tools to shop, compare rates, obtain certificates, file claims, and receive guidance across coverage types such as general liability, property, workers' compensation, BOP, professional liability, cyber liability, directors and officers, E&O, and more. The platform serves a broad range of industries and functions as a business-to-business solution for carriers and agents to manage client policies and lifecycles. Founded in 2015 and based in New York, CoverWallet uses data analytics to simplify the insurance-buying process, helping small and mid-sized businesses understand, obtain, and manage financial protection online.

CoverWallet

Seed Round in 2016
CoverWallet is an online platform that enables businesses to manage and purchase commercial insurance. It provides tools to shop, compare rates, obtain certificates, file claims, and receive guidance across coverage types such as general liability, property, workers' compensation, BOP, professional liability, cyber liability, directors and officers, E&O, and more. The platform serves a broad range of industries and functions as a business-to-business solution for carriers and agents to manage client policies and lifecycles. Founded in 2015 and based in New York, CoverWallet uses data analytics to simplify the insurance-buying process, helping small and mid-sized businesses understand, obtain, and manage financial protection online.
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