Health Cost IQ Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
11
- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$1.5M
- Investors
-
8
Health Cost IQ General Information
Description
Developer of a healthcare analytics platform designed for cost reduction in self-insured health plans. The company's platform uses proprietary applications to analyze claims, pharmacy, and premium data, identify inefficiencies, forecast future costs, detect fraud and waste, and provide actionable insights through HIPAA-compliant dashboards and predictive modeling tools, enabling employers and healthcare administrators to manage risk, reduce unnecessary spending, and improve financial outcomes across insured populations.
Contact Information
Website
www.healthcostiq.comCorporate Office
- 1820 East Ray Road
- Suite A201
- Chandler, AZ 85225
- United States
Corporate Office
- 1820 East Ray Road
- Suite A201
- Chandler, AZ 85225
- United States
Health Cost IQ Timeline
Health Cost IQ Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Seed Round | 30-Jun-2026 | $1.5M | Completed | Generating Revenue | ||
| 5. Seed Round | 25-Aug-2023 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 14-Oct-2022 | Completed | Generating Revenue | |||
| 3. Equity Crowdfunding | 01-May-2022 | Completed | Generating Revenue | |||
| 2. Seed Round | 03-Sep-2021 | $200K | $385K | Completed | Generating Revenue | |
| 1. Angel (individual) | 29-Oct-2019 | $185K | $185K | Completed | Generating Revenue |
Health Cost IQ Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed3A | ||||||||
| Seed-3 | ||||||||
| Seed-CF | ||||||||
| Seed-2 | 311,591 | $6 | $0.48 | $0.48 | 1x | $0.48 | 2.12% | |
| Seed-1 | 4,417,554 | $6 | $0.71 | $0.71 | 1x | $0.71 | 30.11% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Health Cost IQ Comparisons
Industry
Financing
Details
Health Cost IQ Competitors (4)
One of Health Cost IQ’s 4 competitors is Gradient AI, a Venture Capital-Backed company based in Boston, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Gradient AI | Venture Capital-Backed | Boston, MA | ||||
| Springbuk | Formerly VC-backed | Indianapolis, IN | ||||
| Artemis Health | Formerly VC-backed | Salt Lake City, UT | ||||
| Cotiviti | Private Equity-Backed | South Jordan, UT |
Health Cost IQ Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Health Cost IQ Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Health Cost IQ Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Jumpstart Nova | Venture Capital | Minority | ||
| Endless Frontier Labs | Accelerator/Incubator | Minority | ||
| Jumpstart Foundry | Venture Capital | Minority | ||
| Right Side Capital Management | Venture Capital | Minority | ||
| StartUp Health | Venture Capital | Minority |
Health Cost IQ FAQs
-
When was Health Cost IQ founded?
Health Cost IQ was founded in 2018.
-
Where is Health Cost IQ headquartered?
Health Cost IQ is headquartered in Chandler, AZ.
-
What is the size of Health Cost IQ?
Health Cost IQ has 11 total employees.
-
What industry is Health Cost IQ in?
Health Cost IQ’s primary industry is Enterprise Systems (Healthcare).
-
Is Health Cost IQ a private or public company?
Health Cost IQ is a Private company.
-
What is the current valuation of Health Cost IQ?
The current valuation of Health Cost IQ is .
-
What is Health Cost IQ’s current revenue?
The current revenue for Health Cost IQ is .
-
How much funding has Health Cost IQ raised over time?
Health Cost IQ has raised $5.32M.
-
Who are Health Cost IQ’s investors?
Jumpstart Nova, Endless Frontier Labs, Jumpstart Foundry, Right Side Capital Management, and StartUp Health are 5 of 8 investors who have invested in Health Cost IQ.
-
Who are Health Cost IQ’s competitors?
Gradient AI, Springbuk, Artemis Health, and Cotiviti are competitors of Health Cost IQ.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
