Transcarent
Consumer-directed health and care platform designed to facilitate improved outcomes and cost-effective healthcare decisions for self-insured employers and their employees. Raised $475 million in Series D funding in April 2025.
Website
https://www.transcarent.comLocation
San Francisco, California, USA
Founded
2020
Investors
2
Categories
healthcare-platform, consumer-health-app, digital-health, employer-healthcare
Notes
Transcarent is a consumer-directed health and care platform that helps self-insured employers provide better healthcare experiences for their employees. Founded in 2020 and headquartered in San Francisco, California, the company has rapidly grown to become a significant player in the employer healthcare market.
The platform provides:
- Navigation and care coordination services
- Virtual care and telehealth
- Surgery and specialty care management
- Pharmacy benefits
- Mental health services
- AI-powered health guidance
In April 2025, Transcarent raised $475 million in Series D funding, led by 7wireVentures and General Catalyst.
Team
- Glen Tullman - Founder & Chief Executive Officer
- LinkedIn: linkedin.com/in/glentullman
- Former CEO of Livongo and Allscripts
Additional Research Findings
- Raised $475 million in Series D (April 2025)
- Lead investors: 7wireVentures, General Catalyst
- Consumer-directed health platform
- Self-insured employer focus
- San Francisco, California headquarters
- Founded in 2020
- Founded by Glen Tullman (former Livongo CEO)
Sources
Investors
| Name | Location | Type | Stages | Portfolio |
|---|---|---|---|---|
| General Catalyst | Cambridge, Massachusetts, USA | generalist | seedseries-a+3 | 2 |
| 7wireVentures | Chicago, USA | healthcare-focused | seedseries-a+3 | 5 |