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Softheon
Healthcare automation for payers and government
- 201-500 employees
- Healthcare
- B2B
- SaaS
- Automation
- Brookhaven, Stony Brook, NY
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Company mission
To increase affordability and access to health coverage.
Our take
Softheon is a cloud-based eligibility, enrolment, and billing provider for health plans and government agencies. With over 20 years of experience, its platform has now affected millions of people and has processed over $25B in premiums since the inception of the Affordable Care Act.
Although an older player, the company is certainly not stuck in the past. Following an initial foray into AI by creating a machine learning algorithm that predicts who would be at risk of letting their insurance coverage lapse, Softheon has acquired NextHealth in order to enhance its AI capabilities for health plans.
Not only has this pricked the ears of investors - including those of NextHealth itself - but these fresh tools will no doubt bear significant value and reduced costs.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Referral bonuses
- Generous PTO policy
- Medical, dental and vision
- 401k matching
- Life insurance
- Spot bonuses
Company values
- Flying wedge
- Walk the Walk
- Tubthumping
- Make it Better
- Assume positive intent
- Solution forward
- Never leave without a knock
Funding (1 round)
Mar 2009
$0.2m
SEED
Total funding: $0.2m
Leadership
Eugene Ugur Sayan
(CEO)Previously acted as CEO for Quantum Research & Development. Founded Softheon and has served as CEO since.