Accolade
Plymouth Meeting, US · Founded 2010 · Delaware corporation · 14 known investors
Accolade provides virtual healthcare services including primary care, mental health therapy, and benefits navigation for employees and their families. The platform connects members with doctors, therapists, and care advocates to simplify healthcare access and decision-making.
Also known as Accolade, Inc.
Founders & leadership
Accolade was founded in 2010 by Thomas K Spann.
Board
Investors · 14
Reported raises · per SEC filings
Form D private placements$610.1M disclosed across 8 rounds · 2014–2021
▶$11.3MraisedOct 2021 · 1 investors · Other Health CareRule 506(b)
- Patricia WadorsDirector
- Elizabeth NabelDirector
- Cindy KentDirector
- Peter KleinDirector
- Jeff JordanDirector
- Robert CavanaughExecutive Officer
- Michael HiltonExecutive Officer
- Rajeev SinghExecutive Officer, Director
- Jeffrey BrodskyDirector
- Stephen BarnesExecutive Officer
- Thomas J. NeffDirector
- Dawn LeporeDirector
- Offering amount
- $12.5M
- Amount sold
- $11.3M
- First sale
- Sep 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$325.3MraisedJun 2021 · 79 investors · Other Health CareRule 506(b)
- Cindy KentDirector
- Rajeev SinghExecutive Officer, Director
- Jeff BrodskyDirector
- Stephen BarnesExecutive Officer
- Jeff JordanDirector
- Dawn LeporeDirector
- Robert CavanaughExecutive Officer
- Elizabeth NabelDirector
- Michael HiltonExecutive Officer
- Thomas J. NeffDirector
- Peter KleinDirector
- Patricia WadorsDirector
- Offering amount
- $390.4M
- Amount sold
- $325.3M
- First sale
- Jun 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$130MraisedMar 2021 · 43 investors · Other Health CareRule 506(b)
- Thomas J. NeffDirector
- Cindy KentDirector
- J. Michael ClineDirector
- Peter KleinDirector
- Patricia WadorsDirector
- William Frist, Sr.Director
- Dawn LeporeDirector
- Stephen BarnesExecutive Officer
- Jeff JordanDirector
- Robert CavanaughExecutive Officer
- Michael HiltonExecutive Officer
- Rajeev SinghExecutive Officer, Director
- Offering amount
- $230M
- Amount sold
- $130M
- First sale
- Mar 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$20MraisedOct 2019 · 1 investors · Other Health CareRule 506(b)
- Edgar Bronfman, Jr.Director
- James C. Madden, VDirector
- J. Michael ClineDirector
- Peter KleinDirector
- Michael T. YangDirector
- Thomas J. NeffDirector
- Dawn LeporeDirector
- Stephen BarnesExecutive Officer
- Jeff JordanDirector
- Rajeev SinghExecutive Officer, Director
- Mike HiltonExecutive Officer
- William Frist, Sr.Director
- Richard EskewExecutive Officer
- Robert CavanaughExecutive Officer
- Offering amount
- $20M
- Amount sold
- $20M
- First sale
- Oct 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$27.2MraisedMar 2018 · 17 investors · Other Health CareRule 506(b)
- Michael T. YangDirector
- J. Michael ClineDirector
- Edgar Bronfman, Jr.Director
- Robert CavanaughExecutive Officer
- Jeff JordanDirector
- Thomas K SpannExecutive Officer, Director
- James C. Madden, VDirector
- Ivor HornExecutive Officer
- Mark MactasDirector
- Stephen BarnesExecutive Officer
- Dave SwiftExecutive Officer
- Thomas J. NeffDirector
- Rajeev SinghExecutive Officer, Director
- Elizabeth NapolitanoExecutive Officer
- William Frist, Sr.Director
- Richard EskewExecutive Officer
- Mike HiltonExecutive Officer
- Offering amount
- $50M
- Amount sold
- $27.2M
- First sale
- Mar 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$55MraisedAug 2016 · 4 investors · Other Health CareRule 506(b)
- Jeff JordanDirector
- Mark MactasDirector
- Sheila BurkeDirector
- James C. Madden, VDirector
- Michael T. YangDirector
- Thomas K SpannExecutive Officer, Director
- Stephen BarnesExecutive Officer
- Thomas J. NeffDirector
- J. Michael ClineDirector
- Edgar Bronfman, Jr.Director
- William Frist, Sr.Director
- Rajeev SinghExecutive Officer, Director
- Offering amount
- $60M
- Amount sold
- $55M
- First sale
- Jul 2016
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$38.6MraisedDec 2015 · 5 investors · Other Health CareRule 506(b)
- Sheila BurkeDirector
- Michael T. YangDirector
- Steve BarnesExecutive Officer
- Thomas J. NeffDirector
- J. Michael ClineDirector
- John W. RoweDirector
- James C. Madden, VDirector
- William Frist, Sr.Director
- Mark MactasDirector
- Thomas K SpannExecutive Officer, Director
- Rajeev SinghExecutive Officer, Director
- Debbie CohenExecutive Officer
- Edgar Bronfman, Jr.Director
- Offering amount
- $53.6M
- Amount sold
- $38.6M
- First sale
- Jul 2015
- Incorporated
- Corporation, Delaware, 2010
- Federal exemptions
- 06b
▶$2.8MraisedMay 2014 · 1 investors · Other Health CareRule 506(b)
- J. Michael ClineDirector
- Edgar, Jr. BronfmanDirector
- Thomas J. NeffDirector
- John RollinsExecutive Officer
- John W. RoweDirector
- Arthur H. SpiegelDirector
- William FristDirector
- James C. MaddenDirector
- Thomas K SpannExecutive Officer, Director
- Michael T. YangDirector
- Jeff SmithExecutive Officer
- Offering amount
- $2.8M
- Amount sold
- $2.8M
- First sale
- Apr 2014
- Incorporated
- Corporation, Delaware, 2010
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Accolade provides healthcare and benefits support to individuals and families through employer-sponsored programs. Members access the service via a member portal and mobile app, where they can view health plan coverage, find in-network providers, track claims, store and share insurance ID cards, and message a Care Advocate or nurse. Depending on the benefits their employer has purchased, members may have access to virtual primary care, virtual mental health care, expert medical opinion, or care navigation services.
The service is delivered by a care team that includes advocates, nurses, doctors, therapists, and specialists. Virtual primary care covers urgent and ongoing conditions, mental health, preventive care, and prescriptions, with same- and next-day appointments available by phone, tablet, or computer. Accolade states its physicians trained at top-50 U.S. medical schools and top-tier institutions. Through 2nd.MD by Accolade, members can obtain a virtual second opinion on a diagnosis, treatment plan, or medication from a specialist via phone or video consultation. Accolade also connects members to third-party "Trusted Partner" benefits covering areas such as digital physical therapy, diabetes care, fertility, and behavioral health.
Business model
Accolade's services are made available to members through their employers' benefits programs, with member-facing services such as Care Advocate and nurse guidance and second medical opinions described as available at no additional cost to the member.
Traction
Accolade reports that 90% of members are satisfied with its advocacy service and that 91% of Accolade Care members say it is easy to access a high-quality doctor or hospital. It cites a network of more than 900 specialists reachable within days through 2nd.MD by Accolade.
▸Full profile — technology, go-to-market
Technology
A member portal and mobile app consolidate benefits access, provider search, plan coverage and claims information, insurance ID card storage, and secure messaging with care team members, alongside virtual (phone and video) clinical consultations.
Go-to-market
Distribution runs through employer benefits programs; members activate an account or log in to the portal or app to begin using the services included in their benefits.
Employees and their family members who receive Accolade as part of an employer benefits package.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
4 people who came through Accolade went on to found or lead other companies.
Competitors · 1
by search overlapCompanies competing with Accolade for the same Google search keywords, organic and paid, via search-intersection analysis.
Acquisitions · 1
Early investors' stakes continue via these dealsIdentifies gaps in evidence-based care and guides clinicians to appropriate interventions; acquired by Accolade.
Legal entities · 1
corporate structureIn the news
▸Research sources · 1
primary sources listed
- Accoladeaccolade.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Accolade do?
- Accolade offers employer-sponsored healthcare navigation with virtual primary care, mental health, and expert medical opinion services.
- Who founded Accolade?
- Accolade was founded by Thomas K Spann in 2010.
- Who are Accolade's investors?
- Accolade's investors include 7wire Ventures, Accretive, LLC, Alumni Ventures, Andreessen Horowitz, Basecamp Fund, Blue Ivy Ventures, Carrick Capital Partners, Castor Ventures (an Alumni Ventures Fund) and 6 more.
- How much funding has Accolade raised?
- Accolade has disclosed $610.1M raised across 8 rounds.
- Where is Accolade headquartered?
- Accolade is headquartered in Plymouth Meeting, US.



