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Savvy
AddedMar 17, 2024
UpdatedJul 1, 2026
Savvy

Savvy

Acquired

Health benefits product with payment cards for employee insurance, acquired by Take Command.

Founded
2019
Accelerator
Y Combinator logoY CombinatorW20
Overview
Compare
Fundraising
Employees
Website

Savvy was founded with the mission to revolutionize employee health benefits by providing flexible stipends for health insurance. The company offered a unique product that allowed employees to use payment cards to purchase their own health insurance, adapting to new regulations and rapidly scaling to handle tens of millions in volume. Savvy successfully expanded its services across all 50 states, addressing the diverse needs of the U.S. health insurance market.

Notable investors in Savvy included Y Combinator, Marc Andreessen, and the founders of One Medical and Indeed, reflecting strong backing from influential figures in the tech and healthcare industries. Key achievements include rapid scaling and market expansion, culminating in its acquisition by Take Command in 2022. This acquisition underscored Savvy's significant impact on the health insurance benefits landscape, enhancing the flexibility and accessibility of employee health benefits nationwide.

Savvy - Similar Companies

Healia logo

Healia

healiahealth.com

Angle Health logo

Angle Health

anglehealth.com

Healthee logo

Healthee

healthee.com

SafetyWing logo

SafetyWing

safetywing.com

TrueClaim logo

TrueClaim

trytrueclaim.com

Savvos Health logo

Savvos Health

savvos.com

Savvly logo

Savvly

savvly.com

Lively, Inc. logo

Lively, Inc.

livelyme.com

SimplyInsured logo

SimplyInsured

simplyinsured.com

Loop Health logo

Loop Health

loophealth.com

Candid Health logo

Candid Health

HealthSherpa logo

HealthSherpa

healthsherpa.com

Arevo Health logo

Arevo Health

Flex logo

Flex

withflex.com

Apostrophe logo

Apostrophe

Savvy - Quick Facts

Who are Savvy's competitors?

Companies similar to Savvy include Healia, Angle Health, Healthee and SafetyWing.

When was Savvy founded?

Savvy was founded in 2019.

When was Savvy's last funding round?

Savvy's most recent funding round was for $150k (USD) in January 2020.

How much has Savvy raised to-date?

As of Jan 1, 2020, Savvy has raised a total of $150k (USD).

Savvy - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • FinTech
  • Insurtech
Geographic Exposure
  • United States
Revenue
  • Recurring
Main Product
  • Health Benefits
  • Insurance
Tags
  • SaaS