B
Bind On-Demand Health Insurance
Health Tech & Medtech · Minneapolis, United States · Founded 2016
Bind administers health insurance for self-funded customers. Bind is health insurance rewired for our on-demand world MoreLess
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.
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.
Keywords: Health Plan Provider, Employer-Sponsored Health Insurance, ACA-Compliant, Fully Insured, Self-Funded, Clear Pricing, User-Friendly Interface, Online Health Care Management, Customer Service, Premium-Based Revenue.
Company overview
Bind On-Demand Health Insurance company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Minneapolis, United States
- Employees
- 356
- Open positions
- None listed
- Dealroom signal
- 33.3
Valuation & funding
Bind On-Demand Health Insurance 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 | — |
| SERIES AOther financing | Jun 2018 | $10M | $40M | Ascension · UnitedHealthcare · Lemhi Ventures | — |
| SERIES AOther financing | Feb 2018 | $60M | $240M | Lemhi Ventures | — |
| EARLY VCOther financing | Jul 2017 | $2.5M | $10M | Lemhi Ventures | — |
Growth signals
Bind On-Demand Health Insurance website traffic
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.
Comparisons
Bind On-Demand Health Insurance compared with similar companies
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Talent graph
Bind On-Demand Health Insurance's talent
Source: Dealroom Talent Intelligence.
Investors
3 investors on Bind On-Demand Health Insurance's cap table
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Global footprint
Where Bind On-Demand Health Insurance has talent and traffic
In the news
Latest news about Bind On-Demand Health Insurance
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Market sentiment
What the market is saying about Bind On-Demand Health Insurance
An AI-synthesized read of the highest-engagement posts about Bind On-Demand Health Insurance on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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