What is Decent?
Established in 2018 and headquartered in Austin, Texas, Decent operates as a health insurance company platform. It specializes in providing tailored insurance solutions designed to meet the needs of small businesses and independent entrepreneurs. The company aims to simplify the complexities of health insurance for its target demographic, offering accessible and comprehensive plans.
How much funding has Decent raised?
Decent has raised a total of $18M across 2 funding rounds:
Angel/Seed
$8M
Unspecified
$10M
Angel/Seed (2018): $8M with participation from Maverick Ventures, Core Innovation Capital, Meridian Street Capital, Precursor Ventures, Foundation Capital, Capitoria Ventures, Abstract Ventures, Menlo Ventures, Fenwick & West, ChinaRock Capital Management, Sequoia Capital Scouts, Healthy Ventures, Lux Capital, Digital Currency Group, Ride Ventures, and Sure Ventures
Unspecified (2020): $10M led by QED Investors
Key Investors in Decent
QED Investors
QED Investors is a global venture capital firm focused on early-stage, disruptive financial services companies. They leverage extensive entrepreneurial and operational experience to help their portfolio companies achieve breakthrough growth.
Maverick Ventures
Maverick Ventures Israel is a venture capital firm that supports technology start-ups with investment and operational guidance, focusing on diverse industries with exceptional teams and initial traction.
Core Innovation Capital
Core Innovation Capital is a fintech venture capital firm investing in early-stage technology businesses aimed at unlocking wealth and health for the mass market, impacting millions of Americans.
What's next for Decent?
With the recent influx of major strategic investment, Decent is poised for accelerated growth. The company is likely to focus on enhancing its platform capabilities, expanding its market reach to serve a broader base of small businesses and entrepreneurs, and potentially developing new insurance products. This capital infusion signals a strong investor confidence in Decent's business model and its potential to disrupt the health insurance landscape for underserved markets. Future developments may include strategic partnerships and technological advancements to further streamline the insurance acquisition and management process.
See full Decent company page
