Startup profile · funding coverage
Eligible funding, valuation and investors
Eligible is an Andreessen Horowitz (a16z) portfolio company currently tracked as part of our hot a16z coverage set.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Seed
$2.3M · 2014
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$2.3M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
Stage not recorded
Investors in latest funding
Other: Andreessen Horowitz
Overview
Eligible provides REST APIs for healthcare insurance billing — eligibility verification, claims submission, and payment status tracking. Founded 2011 by Katelyn Gleason, it abstracts X12 EDI into JSON for digital health startups embedding billing. a16z and Y Combinator among backers. Raised $2.3M per 2014 SEC filing for eligibility API expansion.
Why Eligible is interesting
Eligible appears on a16z’s public investment list. We include it because a16z-backed companies are disproportionately “on fire” for follow-on capital, hiring, and category creation — useful for founders mapping competitors and investors mapping active theses (AI, American Dynamism, crypto, bio, fintech).
Product & use cases
Insurance billing APIs — eligibility, claims, remittance, and payment status for healthcare apps via REST/JSON.
- Real-time insurance eligibility checks in digital health apps
- Claims submission and status tracking via API
- Replacing legacy clearinghouse integrations for startups
Key facts
- Co-investors: no additional institutional investors disclosed in public sources reviewed 2026-07-24 (early angels/Fresco Capital named in press; not in VCT directory)
Funding history (newest first)
Investors in our directory
Funds linked from Eligible's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Eligible differentiates through focused product scope and a16z-backed GTM in its category — see competitors for tradeoffs vs. incumbents.
Eligible operates in a competitive category where incumbents have distribution but startups win on workflow fit. See named competitors for honest better/worse notes; we do not invent market share.
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Change Healthcare (Optum) incumbent
Clearinghouse incumbent; Eligible API-first for developers.
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Stripe (healthcare) adjacent
Payments infra; Eligible insurance-specific.
Notable stories
- Co-investors: no additional institutional investors disclosed in public sources reviewed 2026-07-24 (early angels/Fresco Capital named in press; not in VCT directory)
Industries
FAQs about Eligible
Practical answers founders, operators, and investors typically search for.
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