Fundraising Fox

Transcarent

Denver, US · 14 known investors

transcarent.com ↗

Transcarent operates a generative AI-powered health and care platform that combines medical, pharmacy, and point solutions into a single member experience, helping people navigate the healthcare system and access on-demand care. It is sold to employers as a benefit to address healthcare cost, complexity, and access for their members.

AI & Machine LearningDigital HealthHealthtech

Investors · 14

7wire VenturesChicago · $100K – $5M
Corewell Health VenturesGrand Rapids
General CatalystSan Francisco · $30M
Geodesic CapitalFoster City
GreatPoint VenturesSan Francisco · $250K – $20M
Human CapitalSan Francisco · $250K – $200M
KinnevikStockholm
Ally Bridge GroupreportedNew York
Alta PartnersreportedJackson · $1M – $12M
Leaps by BayerreportedLeverkusen
Merck Global Health Innovation Fundreported · 2 sourcesRahway
Threshold VenturesreportedPalo Alto · $500K – $20M

Also in the syndicate · 2

7wireVenturesleadMemorial Hermann Health System

Funding

SEC filings, press & company announcements

$126M disclosed across 1 round · 2024

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Transcarent went on to found or lead other companies.

Glen TullmanChief Executive OfficerFounded LivongoLaurie McGrawExecutive Vice PresidentFounded Shareable Ink

Competitors · 3

by search overlap
ADP280 shared keywordsADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally. The company serves as a comprehensive provider of HCM software and business outsourcing services with analytics and compliance expertise.
LifeStance Health170 shared keywordsLifeStance provides mental health care through a network of supported psychiatrists, psychologists, and licensed therapists offering in-person and telehealth appointments for conditions such as depression, anxiety, personality disorders, and ADHD. It operates more than 550 centers across 33 U.S. states and accepts major insurance plans.
Curative114 shared keywordsCurative offers an employer-sponsored health insurance plan with $0 copays, $0 deductibles, and a single monthly premium, giving members access to a nationwide provider network, telehealth, and $0 preferred prescriptions. The plan includes a cash card for out-of-pocket-free care and support from care navigators to help members manage their health.

Companies competing with Transcarent for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Digital health startup Transcarent takes Accolade private in $621 million dealcnbc.com · Apr 2025Transcarent, Glen Tullman's health tech unicorn, raises $126 millionstatnews.com · May 2024Digital health startup Transcarent valued at $2.2 bln after latest funding round | Reutersreuters.com · May 2024Transcarent Raises $126 Million Series Dtranscarent.com · May 2024Transcarent Raises $200 Million in Series C Funding Highlighting Growing Demand for a Different Health and Care Experience Aligned with the Needs of Self-Insured Employerstranscarent.com · Jan 2022Transcarent Raises $58 Million in Series B Funding to Accelerate Consumer-Directed Health and Care Experience for Self-Insured Employerstranscarent.com · Jun 2021

Frequently asked questions

What does Transcarent do?
Transcarent operates a generative AI-powered health and care platform that combines medical, pharmacy, and point solutions into a single member experience, helping people navigate the healthcare system and access on-demand care. It is sold to employers as a benefit to address healthcare cost, complexity, and access for their members.
Who are Transcarent's investors?
Transcarent's investors include 7wire Ventures, Corewell Health Ventures, General Catalyst, Geodesic Capital, GreatPoint Ventures, Human Capital, Kinnevik, Ally Bridge Group and 4 more.
How much funding has Transcarent raised?
Transcarent has disclosed $126M raised across 1 round.
Where is Transcarent headquartered?
Transcarent is headquartered in Denver, US.