How Much Did Take Command Health Raise?
Funding & Key Investors

Take Command Health has solidified its position within the insurtech landscape, securing a total capital infusion of $40.7M to date. The company recently finalized a major strategic investment of $25M, marking a significant milestone in its operational trajectory. This latest injection of financing underscores the firm's ongoing commitment to modernizing the complex health insurance sector through enhanced transparency and advocacy tools.

The funding history, which spans from 2019 to 2023, reflects a deliberate growth strategy. Starting with debt financing in 2019 and 2020, the company successfully transitioned into institutional equity rounds, including a Series A in 2021, culminating in the most recent strategic financing round in late 2023.

What is Take Command Health?

Founded in 2014 and headquartered in Texas, Take Command Health operates as a specialized platform designed to demystify the health insurance market. By providing consumers and businesses with critical awareness and advocacy, the company addresses the systemic lack of transparency that often plagues the healthcare industry. Its market position is defined by its ability to bridge the gap between complex insurance products and the end-user, effectively serving as a digital intermediary that simplifies benefit administration and selection processes.

How much funding has Take Command Health raised?

Take Command Health has raised a total of $40.6M across 5 funding rounds:

2019

Debt

$1.5M

2020

Debt

$150K

Unspecified

$2M

2021

Series A

$12M

2023

Other Financing Round

$25M

Debt (2019): $1.5M with participation from Undisclosed

Debt (2020): $150K led by PPP

Unspecified (2020): $2M supported by LiveOak Venture Partners

Series A (2021): $12M featuring LiveOak Venture Partners and SJF Ventures

Other Financing Round (2023): $25M backed by Edison Venture Fund

Key Investors in Take Command Health

LiveOak Venture Partners

A venture capital firm specializing in early-stage investments for Texas-based founders, focusing on tech-enabled services and healthcare innovation.

SJF Ventures

An impact-focused investment firm that targets high-growth companies dedicated to creating a healthier, smarter, and more sustainable future.

Edison Venture Fund

A growth equity firm that provides capital and operational expertise to help businesses accelerate their scaling efforts through personalized strategic playbooks.

What's next for Take Command Health?

With the recent influx of capital, Take Command Health is well-positioned to scale its enterprise-level offerings and deepen its market penetration. The company is expected to leverage these resources to refine its proprietary technology stack, potentially expanding its suite of advocacy tools to accommodate a broader range of employer-sponsored health plans. As the firm moves beyond its initial growth phase, the focus will likely shift toward operational efficiency and the expansion of its footprint within the competitive insurtech ecosystem, ensuring that its platform remains the standard for healthcare transparency and benefit management.

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Frequently Asked Questions Regarding Take Command Health Financial Insights

What are the most recent funding rounds that Take Command Health has completed, and what were the funding rounds?
Take Command Health has recently completed 3 funding rounds: Other Financing Round on Sep 19, 2023, Series A on Apr 28, 2021, Unspecified on Aug 7, 2020.
What is the total amount of funding Take Command Health has raised to date?
Take Command Health has raised a total of $40.6M in funding to date.
How many funding rounds has Take Command Health completed?
Take Command Health has completed 3 funding rounds.
How much funding did Take Command Health raise in its most recent funding round?
Take Command Health raised $25M in its most recent funding round.
Who are the lead investors in Take Command Health's latest funding round?
The lead investor in Take Command Health's latest funding round was Edison Venture Fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Take Command Health's history?
The largest funding round in Take Command Health's history was $25M.
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