Andel Overview

  • Year Founded
  • 2025

Year Founded

  • Status
  • Private

  • Latest Deal Type
  • Seed

  • Latest Deal Amount
  • $4.5M

  • Investors
  • 9

Andel General Information

Description

Provider of a pharmacy benefit and membership service designed to create an equitable way for groups to access life-saving medications. The company aggregates the collective purchasing power of its members, creating a system that provides access to crucial drugs at an affordable price than is typically available through traditional insurance or individual cash payments, enabling plan sponsors and individuals to bypass the limitations of conventional healthcare financing and obtain essential medications without the burden of prohibitive costs.

Contact Information

Website
www.andel.org
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 447 Broadway
  • 2nd Floor Suite 950
  • New York, NY 10013
  • United States
+1 (347)
Primary Industry
Managed Care
Vertical(s)
Digital Health
Corporate Office
  • 447 Broadway
  • 2nd Floor Suite 950
  • New York, NY 10013
  • United States
+1 (347)

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Andel Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Seed Round 20-Oct-2025 $4.5M Completed Generating Revenue
To view Andel’s complete valuation and funding history, request access »

Andel Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bertelsmann Investments Corporate Venture Capital Minority
City Light Capital Venture Capital Minority
Houghton Street Ventures Venture Capital Minority
Invest in Healthcare Family Office Minority
Angel (individual) Minority
You’re viewing 5 of 9 investors. Get the full list »

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Andel FAQs

  • When was Andel founded?

    Andel was founded in 2025.

  • Where is Andel headquartered?

    Andel is headquartered in New York, NY.

  • What industry is Andel in?

    Andel’s primary industry is Managed Care.

  • Is Andel a private or public company?

    Andel is a Private company.

  • What is Andel’s current revenue?

    The current revenue for Andel is .

  • How much funding has Andel raised over time?

    Andel has raised $4.5M.

  • Who are Andel’s investors?

    Bertelsmann Investments, City Light Capital, Houghton Street Ventures, Invest in Healthcare, and are 5 of 9 investors who have invested in Andel.

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