Founded Year

2013

Stage

Series G | Alive

Total Raised

$526.77M

Last Raised

$144.15M | 17 days ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+114 points in the past 30 days

About Gravie

Gravie provides health plans and services for small and midsize employers. The company offers health plans that include deductibles and copays for healthcare services. Its services encompass individual marketplace solutions, support for healthcare costs, and virtual care for musculoskeletal and mental health issues. It was founded in 2013 and is based in Minneapolis, Minnesota.

Headquarters Location

10 North East 2nd Street Suite 300

Minneapolis, Minnesota, 55413,

United States

800-501-2920

Loading...

ESPs containing Gravie

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Health Insurance & RCM Tech

The ICHRA platforms market consists of companies that offer software to provide individual coverage health reimbursement arrangement (ICHRA) plans. Most ICHRA platforms facilitate payments between employees (sponsored by their employers) and health insurers. ICHRA platforms typically offer employers online portals to administer ICHRA plans, with many companies also offering complimentary portals f…

Gravie named as Leader among 11 other companies, including Take Command Health, Thatch, and Venteur.

Loading...

Research containing Gravie

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Gravie in 1 CB Insights research brief, most recently on Feb 9, 2024.

Expert Collections containing Gravie

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Gravie is included in 4 Expert Collections, including HR Tech.

H

HR Tech

5,785 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

I

Insurtech

3,347 items

Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

9,653 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

I

Insurtech 50

50 items

Gravie Patents

Gravie has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/4/2012

8/21/2012

Data management, Free database management systems, Transaction processing, Biological databases, Concurrency control

Grant

Application Date

1/4/2012

Grant Date

8/21/2012

Title

Related Topics

Data management, Free database management systems, Transaction processing, Biological databases, Concurrency control

Status

Grant

Latest Gravie News

Health Payment Systems, PayMedix: Partner with Gravie to expand access and simplify healthcare payments

Jun 10, 2025

June 10, 2025 MILWAUKEE, WI – June 10, 2025 – PayMedix, a leading healthcare financing and payments solution, and HPS, one of Wisconsin’s largest independent provider networks, today announced a strategic partnership with Gravie, a health benefits company reimagining health plans for small and midsize businesses. As a result of this partnership, eligible Gravie members will gain access to the comprehensive HPS provider network and benefit from the transparency and ease of the PayMedix payment platform. The collaboration reflects a shared commitment between Gravie, HPS, and PayMedix to help reshape the healthcare experience with solutions that prioritize improved access and member well-being. “This partnership represents a fundamental shift in how regional employers can approach healthcare benefits,” said Brian Marsella, President of HPS and PayMedix. “Gravie’s mission to make health benefit plans work for everyone is well-aligned with our vision to make healthcare more affordable and accessible for all. By combining Gravie’s level-funded approach with our comprehensive network and payment solutions, we’re creating new possibilities for employers to transition from traditional fully-insured arrangements to more flexible, cost-effective plan designs.” Through this partnership, eligible Gravie members will gain access to HPS’s Wisconsin provider network, which includes over: 100 hospitals 630 behavioral health providers Members will also benefit from PayMedix, a healthcare payment experience that simplifies the billing process. PayMedix pays contracted providers in full and consolidates all medical billing into one clear, monthly statement, the SuperEOB®, which displays all charges, insurance payments, and patient balances into a single view. To make healthcare even more accessible for everyone, PayMedix offers interest-free financing and flexible repayment plans to all members for all allowed in-network expenses up to their out-of-pocket maximum, with no credit check required, removing a common barrier to care and delivering financial peace of mind. “At Gravie, we’re constantly seeking innovative ways to improve our members’ healthcare experience,” said Evan Peters, SVP of Networks at Gravie. “Partnering with HPS and PayMedix allows us to offer greater access to high-quality regional care while removing financial barriers that too often prevent people from getting the care they need. This partnership represents another exciting step toward making healthcare work better for Wisconsin families.” ___________________________________ About Health Payment Systems (HPS) HPS is a privately held healthcare technology and services organization with solutions that reduce the cost and complexity of the healthcare payments process to benefit providers, employers, patients, and TPAs. Headquartered in Milwaukee, Wisconsin, HPS has an independent network of 100+ hospital facilities and 30,000+ individual providers. About PayMedix PayMedix is the only company solving the problem of high out-of-pocket costs for everyone –providers, employers, patients, and TPAs. PayMedix is changing how people access, use, and pay for healthcare by guaranteeing payments to providers and interest-free financing for all patients. PayMedix has processed over $6 billion in medical payments for hospital systems and physician practices and can overlay any provider network. About Gravie Gravie is the only health benefits company bringing both level-funded and ICHRA health plans to small and midsize employers. Comfort®, Gravie’s flagship product, is the nation’s first-of-its-kind health plan that provides first-dollar, no-cost coverage on most common healthcare services, at a cost comparable to traditional group health plans.

Gravie Frequently Asked Questions (FAQ)

  • When was Gravie founded?

    Gravie was founded in 2013.

  • Where is Gravie's headquarters?

    Gravie's headquarters is located at 10 North East 2nd Street, Minneapolis.

  • What is Gravie's latest funding round?

    Gravie's latest funding round is Series G.

  • How much did Gravie raise?

    Gravie raised a total of $526.77M.

  • Who are the investors of Gravie?

    Investors of Gravie include FirstMark Capital, Aberdare Ventures, Atlantic Vantage Point, Trinity Capital, Split Rock Partners and 8 more.

  • Who are Gravie's competitors?

    Competitors of Gravie include Stride and 2 more.

Loading...

Compare Gravie to Competitors

Collective Health Logo
Collective Health

Collective Health is a health benefits platform that operates within the healthcare and insurance industry. It provides a system for employers to manage medical, dental, vision, and pharmacy benefits, along with navigation and advocacy services for employees. It serves members, employers, brokers and consultants, and partners within the healthcare ecosystem. It was founded in 2013 and is based in San Francisco, California.

Sompo Digital Lab Logo
Sompo Digital Lab

Sompo Digital Lab focuses on digital technology innovation in the customer experience and health services sectors. The company aims to enhance safety, security, and health through digital solutions, leveraging a team composed of research & development, in-house development, and data scientists. It was founded in 2015 and is based in Foster City, California.

Sidecar Health Logo
Sidecar Health

Sidecar Health provides modern health insurance solutions in the healthcare sector. It offers Affordable Care Act (ACA)-compliant major medical plans that empower consumers with cost control and the freedom to choose any doctor without network restrictions. It caters to both individuals seeking personal coverage and employers. It was founded in 2018 and is based in Covina, California.

D
Dakko

Dakko is a Fintech startup focused on Health & Financial Wellness, operating in the digital transformation space. The company offers a B2B2C app called Dakko Wellbeing, which provides access to credit and features for business process improvements, automation, and personal financial, health, and wellbeing management. Dakko primarily serves small and medium-sized enterprises and their employees. It was founded in 2020 and is based in Singapore, Singapore.

Pager Logo
Pager

Pager operates within the healthcare industry. The company provides services such as care navigation, virtual health, and wellbeing capabilities, which aim to facilitate access to healthcare and enhance member engagement. Pager serves the healthcare sector, including payors, providers, and employers, focusing on digital health solutions that can be tailored to specific needs. It was founded in 2014 and is based in New York, New York.

Blue Cross Blue Shield Logo
Blue Cross Blue Shield

Blue Cross Blue Shield is a federation of independent health insurance companies that offer health care insurance for individuals, families, and employers, along with Medicare plans. It was founded in 1910 and is based in Chicago, Illinois.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.