| Founded | 2013 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Healthtech |
| Total raised | $280M |
| Collapse type | Slow Death |
| Founder | Ali Diab, Rajaie Batniji |
Collective Health
"The tech-forward employer health benefits platform raised $280M at $1.5B and spent a decade not quite finding unit economics"
Years-long decline before final shutdown
Key Events Timeline
Collective Health was a San Francisco-based employer health benefits platform founded in 2013, offering self-insured employers (typically 1,000+ employees) a modern alternative to traditional insurance administrators like Aetna and Cigna.
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