Healthee, an Israeli startup offering an AI-powered platform transforming healthcare cost management, has successfully raised $50 million in a Series B funding round. The round was led by Key1 Capital, with continued support from all existing investors.
This latest investment signals strong market confidence in Healthee’s vision to reshape how organizations manage healthcare costs through innovative AI solutions.
Also, Healthee announced a strategic partnership with the Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs), to provide employees with transparent, affordable access to prescription medications. By integrating Cost Plus Drugs’ direct-to-consumer pharmaceutical model into Healthee’s AI-driven benefits platform, the collaboration aims to empower employees to make informed healthcare choices while significantly reducing out-of-pocket costs. This partnership reinforces Healthee’s mission to simplify healthcare and enhance affordability for employers and their teams.
“At Healthee, we are on a mission to simplify healthcare access for employees everywhere,” Guy Benjamin, CEO & Co-founder of Healthee said about the deal. “The rising cost of prescription drugs is a major burden for both employees and employers. By teaming up with Mark Cuban Cost Plus Drug Company, we are taking another step toward making healthcare more transparent, affordable, and accessible. This collaboration ensures that employees can easily navigate their benefits and find cost-effective solutions to their medication needs — without the usual barriers.”
Healthee’s cutting-edge AI platform helps employers and employees navigate the complexities of healthcare benefits, reduce costs, and improve overall healthcare access and transparency. The fresh capital will be used to accelerate product development, expand operations in the U.S., and enhance customer experience as the company continues to scale.
Founded in 2021, Healthee boasts that its “comprehensive platform provides personalized, instant, and uncomplicated answers to coverage, treatment, and benefits questions, end-to-end Open Enrollment support, and tailored preventive care suggestions.” Healthee saves HR teams time on benefits-related admin work, gives brokers a competitive edge, and empowers employees to take control of their health.
“We experienced 10x growth last year. We now have half a million users and plan to expand our product portfolio. There’s a huge market here that we want to succeed in,” said Guy Benjamin, who founded Healthee with Elad Ofir and Ben Nagar. “Most Americans have no idea how to navigate health insurance. While many solutions focus on just one aspect, we offer a one-stop shop that addresses all their needs—unlike other companies, which are primarily call centers.”
