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Bind On-Demand Health Insurance
Bind administers health insurance for self-funded customers. Bind is health insurance rewired for our on-demand world
About Bind On-Demand Health Insurance
YourBind.com, operating under the umbrella of UnitedHealthcare, is a health plan provider that caters to employers with a workforce of 51 or more. The company offers an Affordable Care Act (ACA) compliant health plan, which means it meets the minimum essential coverage required by the ACA. The health plan is available on both a fully insured and self-funded basis, providing flexibility to employers based on their specific needs and financial capabilities.
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The company operates in the healthcare market, specifically in the employer-sponsored health insurance sector. Its unique selling proposition is its clear and upfront pricing, which eliminates the uncertainty often associated with health insurance costs. This transparency is a key factor in attracting clients who value predictability in budgeting.
YourBind.com has leveraged technology to simplify the process of choosing and managing health care options. With a user-friendly interface, employers and employees can search, compare, and select care options with just a few clicks, anytime and anywhere. This ease of use enhances the customer experience, making the health plan more attractive to potential clients.
The company also provides a wealth of resources to help clients navigate the complexities of health insurance. From claim submission to filing appeals, YourBind.com ensures that its clients have the necessary information at their fingertips. This commitment to customer service further strengthens its position in the market.
YourBind.com generates revenue through the premiums paid by employers for the health plans. The cost of the plan depends on the level of coverage chosen and the number of employees covered.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Minneapolis, United States
- Employees
- 356
- Open positions
- None listed
- Dealroom signal
- 33.3/100
- Industry
- Health, Fintech
- Sub-industry
- Health Platform, Insurance
- Sector
- Health Tech & Medtech, Health Insurance, Tech for Patients, LandH Insurance, MGA, Hard Tech
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Oct 2020 | $105M | $420M | Ascension | — |
| DEBTDebt | Oct 2019 | $60M | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Bind On-Demand Health Insurance is 350K monthly website visits, down 25.5% over the last three months. Bind On-Demand Health Insurance's team declined 3.8% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Lemhi Ventures
Ascension
UnitedHealthcare
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bind On-Demand Health Insurance on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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