HealthCare.com Announces $2.0 Million in Founders Funding to Expand Operations and Launch its Health Insurance Search and Comparison Tools

PR Newswire

MIAMI, May 29, 2014 /PRNewswire/ -- HealthCare.com (http://www.healthcare.com) the leading technology company providing solutions for consumers to compare, customize, and save money on their healthcare plans, announced today a $2.0 million founders round of financing along with plans to launch its health insurance search and comparison tools ahead of the next health insurance open enrollment period.

HealthCare.com will unveil tools that allow consumers to search, compare, and customize insurance plans, streamlining the process based on information the consumer provides – the healthcare industry's answer to Kayak.com. The company is also planning to offer its own private label supplemental plans, including those that fill coverage gaps caused by high deductibles.

HealthCare.com also features a care provider directory, which now has more than 1.2 million listing profiles. The HealthCare.com domain name was acquired by the company's current founders in 2006 and has become a leading online healthcare destination attracting more than 1 million unique visitors per month.

"We are creating a better consumer-driven experience that tailors plans to their individual needs," said Jeff Smedsrud, Chief Executive Officer of HealthCare.com. "We are committed to making it easier, faster, and more rewarding for people to shop for healthcare."

About HealthCare.com
HealthCare.com (www.healthcare.com) is a privately held technology company committed to improving what has historically been a very complicated process of purchasing healthcare. Our mission is to build the leading trusted service to help consumers manage, customize and save money on their healthcare needs. Our highly visible web and mobile applications enable consumers to easily research and compare accurate and relevant information from hundreds of health insurance carriers in a single comprehensive, fast and intuitive interface. Along the way, HealthCare.com provides recommendations using our proprietary algorithms and helps streamline the enrollment process.  HealthCare.com's tools and services are made available free of charge to consumers. For more information please visit www.healthcare.com.

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