What is Zipari?
Based in Brooklyn, New York, Zipari operates within the dynamic health insurance technology sector. The company develops cutting-edge products designed to enhance consumer engagement for health insurance carriers. By leveraging advanced technology, Zipari provides real-time insights across all consumer touchpoints, delivering substantial value to payers through breakthrough experiences. Zipari's platform currently serves over 40 million members through its extensive network of payer and TPA clients, positioning it as a key player in modernizing health insurance interactions.
How much funding has Zipari raised?
Zipari has raised a total of $29.5M across 2 funding rounds:
Series A
$7M
Series B
$22.5M
Series A (2016): $7M with participation from Vertical Venture Partners
Series B (2020): $22.5M led by CareFirst BlueCross BlueShield, Healthworx, Horizon Healthcare Services, Health Velocity Capital, and Vertical Venture Partners
Key Investors in Zipari
Horizon Healthcare Services
Horizon Healthcare Services is a health insurance provider that aims to simplify the process of finding the best insurance rates. They connect consumers with licensed insurance professionals who can provide quotes and sell insurance, operating as a referral network rather than an insurance company itself.
Health Velocity Capital
Health Velocity Capital is an investment firm exclusively focused on innovative healthcare software and services businesses. They aim to foster a more affordable, sustainable, and consumer-friendly future in healthcare by investing in companies transforming the industry.
Vertical Venture Partners
Vertical Venture Partners is an investment firm that focuses on early-stage companies, particularly those in the technology and software sectors. They provide strategic capital and operational support to help their portfolio companies achieve significant growth and market leadership.
What's next for Zipari?
With its recent major enterprise-level funding, Zipari is strategically positioned for an accelerated growth phase. The company's focus on providing innovative consumer engagement tools for health insurance carriers suggests a trajectory aimed at expanding its market share and enhancing its technological capabilities. Future developments are likely to involve further integration of real-time data analytics and personalized consumer experiences, solidifying its role in transforming how health plans interact with their members. This investment will likely fuel product development, sales expansion, and strategic partnerships within the health tech ecosystem.
See full Zipari company page
