Health and insurtech startup Loop Health raised $25Mn in Series B led by General Catalyst & others


Health and insurtech startup Loop Health raised $25 million in Series B led by General Catalyst, Elevation Capital and Sierra Ventures where new investor Optum Ventures with existing investor Vinod Khosla also participated.


Loop offers group health insurance plans from well-known insurers to businesses, including health check-ups and a dedicated doctor. Loop will use the new funds to expand its new health assurance delivery model through sales growth, product development, and strategic hiring. The startup claims that its revenue has increased fivefold from the previous fiscal year and that it now serves more than 1.3 lakh members across 300+ companies in India.

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