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Eligible

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Eligible - APIs for payments, eligibility and claims in healthcare.

New York City, United StatesFounded 2011Fintech

Valuation $100–250M Last recorded · 2016

Total funding $50–100M Disclosed equity funding

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About Eligible

Eligible Inc. operates in the healthcare technology sector, providing API-driven solutions for verifying patient eligibility and benefits in real-time. The company's core product, Oscar Hosted Eligibility Solution, integrates with healthcare providers' systems to offer transparent cost estimates at the time of service. This service is particularly beneficial for large healthcare providers like Radnet, which has integrated the solution across its 341 imaging centers. Eligible Inc. serves healthcare providers, insurance companies, and patients, aiming to reduce the incidence of surprise medical bills and enhance cost transparency. The business model is based on a subscription fee for access to its API services, as well as potential transaction-based fees. Revenue is generated through these subscriptions and fees, making it a scalable and recurring revenue model.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2011
Headquarters: New York City, United States
Open positions: None listed
Dealroom signal: 57.6/100
Industry: Fintech, Transportation
Sub-industry: Payments
Sector: Fintech, Verification, Compliance, Healthcare, Insurance, Insurtech, Certification, Regtech Compliance, YC W12
Client focus: b2b, b2c
Links: Website

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VCOther financing	Apr 2016	$25M	$101M	Undisclosed	—
EARLY VCOther financing	Oct 2015	$25M	$101M	Undisclosed	—

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Growth signals

Eligible website traffic

Latest recorded traffic for Eligible is 1.5K monthly website visits, up 1150% over the last three months.

Latest monthly visits1.5K 3-month web change+1150%

Monthly website visitsFeb 2016–Jun 2024

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