Payer startup Angle Health scores $58M to scale operations, expand to new markets

Angle Health, a payer serving employers, has raised $58 million to expand to new markets.

The series A round was led by Portage and included participation from a dozen new and existing investors like SixThirty Ventures, Blumberg Capital, Y Combinator and PruVen Capital, Prudential Financial’s VC arm. The funding will be used to scale its core tech and operations.

Angle Health bills itself as a full-stack healthcare company, and launched in 2021 after participating in the 2020 Y Combinator winter cohort. The startup was founded by two former Palantir engineers and currently operates in Utah, Arizona, Georgia, Indiana, Ohio, Missouri and South Carolina, covering tens of thousands of lives.

Powered by an integrated, AI-enabled platform, Angle Health offers a digital-first care navigation experience with customizable plans for employers. “What we’re building here is a true technology company,” co-founder and chief technology officer Anirban Gangopadhyay told Fierce Healthcare. The company’s clients include Gallagher, Aon and Hub.

Core offerings available for all plans at no extra cost include telemedicine for primary and urgent care and behavioral health, both of which are outsourced to Included Health. Employers also have the option to pay for additional customized services such as special chronic disease programs targeting specific conditions.