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Health Cost IQ
Chandler, US · Founded 2023 · Delaware corporation · 9 employees on LinkedIn · 1 known investors
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Health Cost IQ (HCIQ) provides a healthcare intelligence and analytics platform that uses AI to identify and reduce healthcare spending waste, aiming to help organizations achieve 20-30% cost reductions. It serves employers and health plans by predicting and preventing cost inefficiencies through real-time analysis of health and pricing data.
Founders & leadership
Health Cost IQ was founded in 2023 by Adit Parasuram and Jude Odu.
Board
Investors · 1
How we know: Jumpstart Nova's portfolio page · the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$4M disclosed across 3 rounds · 2019–2025
▶$1.5MraisedJun 2026 · 1 investors · Other TechnologyRule 506(b)
- Marcus WhitneyDirector
- Jeff PowellDirector
- Adit ParasuramExecutive Officer, Director
- Offering amount
- $1.5M
- Amount sold
- $1.5M
- First sale
- Sep 2025
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$2.4MraisedAug 2023 · 3 investors · Other TechnologyRule 506(b)
- Jude K. OduExecutive Officer, Director
- Amount sold
- $2.4M
- First sale
- Jul 2023
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$155KraisedOct 2019 · 3 investors · Other TechnologyRule 506(b)
- Jude OduExecutive Officer, Director
- Amount sold
- $155K
- Minimum investment
- $5K
- First sale
- Oct 2019
- Incorporated
- Limited Liability Company, Arizona, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 2
Companies working in the same space as Health Cost IQ.
Frequently asked questions
- What does Health Cost IQ do?
- Health Cost IQ (HCIQ) provides a healthcare intelligence and analytics platform that uses AI to identify and reduce healthcare spending waste, aiming to help organizations achieve 20-30% cost reductions. It serves employers and health plans by predicting and preventing cost inefficiencies through real-time analysis of health and pricing data.
- Who founded Health Cost IQ?
- Health Cost IQ was founded by Adit Parasuram, Jude Odu in 2023.
- Who are Health Cost IQ's investors?
- Health Cost IQ's investors include Jumpstart Nova.
- How much funding has Health Cost IQ raised?
- Health Cost IQ has disclosed $4M raised across 3 rounds.
- Where is Health Cost IQ headquartered?
- Health Cost IQ is headquartered in Chandler, US.