| Founded | 2020 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Healthtech |
| Total raised | $200M |
| Collapse type | Slow Death |
| Founder | Glen Tullman |
Transcarent
"The employer healthcare navigation startup raised $200M at $2B and laid off 20% when it couldn't convert employer interest to revenue"
Years-long decline before final shutdown
Key Events Timeline
Transcarent was founded in 2020 by Glen Tullman (founder of Livongo) to provide self-insured employers with a guided health navigation experience — connecting employees to high-quality, cost-effective care sites.
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