Sana, a health insurtech firm and co-founded by Will Young, has closed a $60 million Series B funding round, amidst a surge in demand for small business health insurance. This new funding allows continued growth for Sana, who has seen their customer base grow 200% over the past-year, and become an available platform to 25% of small businesses across the US. This Series B close has seen Sana raise $107 million in funding to date. This capital from top investors in the insurtech space, evidences Sana’s trajectory towards becoming a disruptive industry leader and challenging the ‘Big 5’ health insurance companies. Original investors Trust Ventures and Gigafund led this round, with Salen Churi, Trust Ventures partner, explaining that “Sana has a revolutionary all-access network so that members can keep their preferred providers as well as telehealth and access to the best health and wellness apps on the market”; with ‘the company improving the health care system and eliminating inefficiencies that strangle the economy.’

Source: Business Wire

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