Vatorx2
Simplee
Location: 4151 Middlefield Rd, Palo Alto, California, United States United States
Founded in: 2010
Stage: Post-launch
Number of employees: 31-50
Funding history:
- Date: 04/2011, Seed: $1.8 M (post valuation: undisclosed amount).
Investors: Eilon Tirosh, Rami Lipman, Roy Barr, Marty Pejko, Andre Haddad, Lorrie Norrington, Greylock Partners Israel, Embarcadero Ventures
Short URL: vator.co/simplee
Followers (6)
Vatorx1

Simplee

Empowering consumers to take control over their healthcare expenses
Startup/business
Palo Alto, California, United States United States
http://www.simplee.com

Simplee is a free, web-based service that helps users understand and manage their health care expenses, identify ways to save money, and find better care at lower costs. The site features an easy-to-use, simple dashboard with a set of powerful customization tools.

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Company description

Simplee is a privately held company that empowers consumers to take control of their health care expenses. The free, web-based service helps users better understand and manage their health care expenses, and identify ways to save money and find better care at lower costs through an easy-to-use, simple dashboard with a set of powerful customization tools. The company is located in Palo Alto, California, and maintains a development center in Israel.


Team
  • Tomer Shoval
    Tomer Shoval | Founder
    Extensive experience in consumer internet space, leading large organizations in a wide range of expertise including sales, business development, marketing, product & content management.
  • Angela Chu
    Angela Chu | Founder
Business model

Simplee generates revenue through B2B contracts with employers, providers, and benefits administrators, while offering the product for free direct-to-consumer. 

Competitive advantage

Simplee supports consumers with any kind of private health insurance (individual, fully insured, self-funded) and covers 80% of carriers in the market. Simplee is also the only web tool of its kind to offer bill pay to any provider.