Transcarent, Inc.

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Transcarent, Inc. - overview

Established

2020

Location

Denver, CO, US

Primary Industry

Healthcare IT

About

Founded in 2020 by its CEO, Glen Tullman and based in Colorado, US, Transcarent, Inc. operates as a healthcare platform that provides digital access to health benefits, on-demand care teams and a health ecosystem. In January 2025, Transcarent, Inc. raised venture funding co-led by 62 Ventures and General Catalyst Partners.


The company offers an integrated platform for managing employee health benefits and care services, combining benefits navigation, clinical guidance, and on-demand care. Powered by generative AI, the platform includes WayFinding to guide users through their health journeys, integrating virtual and in-person care. It addresses needs such as cancer care, weight health, pharmacy care, and mental health, providing instant answers, provider access, and personalized guidance from Health Guides. Transcarent generates revenue by offering a comprehensive health and care platform tailored for self-insured employers, health plans, and their members.


Its revenue streams include at-risk pricing models, strategic partnerships with health systems, and bundled payments for services like surgery, pharmacy, mental health, and cancer care. The organization plans to transform healthcare delivery through AI-powered innovation, strategic acquisitions, and platform expansion.


Current Investors

Alta Partners, General Catalyst Partners, 7wireVentures

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Oncology/Cancer Treatment, Medical Software, Application Integration Software, Analytics & Performance Software

Website

www.transcarent.com/

Verticals

Artificial Intelligence, HealthTech, Mobile Apps

Company Stage

Series D

Total Amount Raised

Subscriber access only

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