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Insurance-tech startup Healspan raises seed funding

Insurance-tech startup Healspan raises seed funding

The funds will be used to enable growth, talent acquisition and revenue enhancement

Bengaluru-based insurance-tech startup Healspan has raised an undisclosed amount of seed funding led by financial services and angel investing network Lead Angels. The round also witnessed participation from several other angel investors like Ankitt Jain (Founder, Paper Arizona); Chief Investment Officer of a GCC based Investments firm, Srijith Nair (Founder & CEO, Gowelnext Solutions); and The Doctorpreneur Academy.

Healspan will be utilising the fresh capital raised through this seed round majorly towards bolstering its marketing sales, and growth. Additionally, the funds will play an instrumental role in enabling Healspan to maintain its continued focus on engineering and tech, and aid them in bringing to the fore innovative tech-enabled solutions for solving various pain points and/or operational challenges faced by its core target audience, i.e. healthcare administrators across hospitals.

Sabarinath U and Abhi Sinha, Co-Founders, Healspan said, The capital raised through this seed round comes just at the right time, when we’ve already started riding upon the fast-track growth curve, and are attempting to grow exponentially in the months and years to come. Besides fostering Healspan’s growth, a significant portion of these funds would be invested towards acquiring talent for building a robust sales team, launching our new line of products and tech innovations, expanding our hospitals’ network, and capturing a greater market share."