Startup profile for HealthSherpa: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

HealthSherpa funding, valuation and investors

ACA health insurance enrollment platform for consumers, employers, and agents.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series A

~$6.6M · 2017

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

Not publicly disclosed

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series a · Sacramento, California

Investors in latest funding

Other: Andreessen Horowitz , Founders Fund , Redpoint Ventures

Sources: latest funding Last verified: 2026-07-25

Overview

HealthSherpa operates a consumer-facing ACA marketplace enrollment platform used by individuals, employers, and insurance agents to compare and enroll in Affordable Care Act health plans.

Why HealthSherpa is interesting

Helped enroll 1M+ Americans in marketplace coverage; pairs consumer UX with carrier/agent distribution.

Product & use cases

HealthSherpa operates a consumer-facing ACA marketplace enrollment platform — simplified comparison and enrollment for Affordable Care Act health plans.

  • Individual ACA marketplace enrollment
  • Employer and agent-assisted enrollment workflows
  • Plan comparison during open enrollment

Key facts

  • Series A (2017): ~$6.6M with a16z, Founders Fund, and Redpoint Ventures among backers — company PR / Tracxn
  • Enrollment scale: company has reported helping enroll more than 1M Americans in marketplace coverage

Funding history (newest first)

Investors in our directory

Funds linked from HealthSherpa's profile — open a fund page for stage focus and related deal articles.

Competitive landscape

Edge: Consumer-friendly UX for notoriously complex ACA enrollment — 1M+ Americans enrolled per company reports.

ACA enrollment UX is a persistent pain point. HealthSherpa competes on simplicity and distribution through agents and employers.

  • Healthcare.gov incumbent

    Federal marketplace; HealthSherpa offers alternative UX.

  • eHealth direct

    Online health insurance marketplace.

  • Insurance agents/brokers alternative

    Human-assisted enrollment; HealthSherpa also serves agents.

Notable stories

  • Helped enroll 1M+ Americans in marketplace coverage per company reports.
  • Series A ~$6.6M (2017) with a16z, Founders Fund, and Redpoint.

Industries

Healthtech Fintech

FAQs about HealthSherpa

Practical answers founders, operators, and investors typically search for.

ACA marketplace enrollment platform for consumers, employers, and insurance agents.
a16z (/fund/andreessen-horowitz), Founders Fund (/fund/founders-fund), Redpoint (/fund/redpoint-ventures) among Series A backers (~$6.6M, 2017).
HealthSherpa offers simplified alternative UX for ACA plan comparison and enrollment.
Company reports helping enroll 1M+ Americans in marketplace coverage.
Series A (~$6.6M, 2017); later rounds not widely disclosed.
No — enrollment platform, not an insurer.
Individuals, employers, and insurance agents during ACA open enrollment.
No — remains private.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.