Geozoning, Inc.

Geozoning, Inc. operates HealthSherpa, a platform facilitating enrollment and quoting for the Affordable Care Act marketplace, enhancing operational efficiency for insurance agents and brokers across the U. S. Founded in 2012 and headquartered in San Francisco, US, Geozoning, Inc.

launched HealthSherpa to streamline ACA enrollment processes. The company received its Series A funding of USD 7. 00 mn in February 2017, led by Core Innovation Capital with participation from Valley Capital Partners. Ning Liang is noted as the founder, with George Kalogeropoulos serving as CEO.

HealthSherpa is a leading quoting and enrollment platform specifically tailored for the Affordable Care Act (ACA) marketplace. Launched in 2013, it allows agents and brokers to efficiently process applications and track statuses without visiting Healthcare. gov. Utilizing EDE Phase 3 technology ensures seamless integration with the ACA Marketplace.

Targeting insurance agents and brokers, HealthSherpa empowers over 45,000 agents and 4,800 agencies, impacting around 10 million lives through its services. HealthSherpa's revenue model is based on fees from insurance carriers for each enrollment processed. Agents and brokers are financially rewarded with incentives ranging from USD 50 to USD 150 for qualifying enrollments. The platform operates on a B2B structure, fostering partnerships with agencies and individual agents without monthly fees or application costs, enhancing agent earnings.

Geozoning, Inc. plans to leverage the USD 7. 00 mn raised in its most recent funding round to innovate and expand its product offerings while targeting new markets. The company is focused on enhancing its platform capabilities and expanding its geographic reach.

Specific upcoming products and detailed timelines for market expansion have not been disclosed, but the recent funding will support these strategic initiatives.