U.S. Markets closed

HealthCare.com Named to Red Herring's Top 100 Global Technology Company List


Company picks up its second recognition of the year as one of the fastest growing and innovative insuretech companies

HealthCare.com has been recognized as a Top 100 Global Technology Company by Red Herring, a respected independent company that curated and evaluated more than 2,000 start-ups and growth-stage companies before selecting the Top 100 at a competition held in Los Angeles, October 22-24. HealthCare.com was awarded a Red Herring 100 award back in 2016, at the time being named one of the most exciting and game-changing innovators in North America.

Red Herring recognized HealthCare.com and its direct-to-consumer insuretech division, Pivot Health, for its growth and disruption of the individual health insurance market in the United States and its potential to use its search and direct-to-consumer enrollment platforms to positively change the emerging supplemental and healthcare insurance markets in Europe, India and China. Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. Previous winners have included Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube and eBay.

“In 2018, HealthCare.com will help nearly 3 million consumers find health insurance that fits their personal needs and enroll thousands of individuals in its proprietary, niche and “gig economy” insurance products,” said Jeff Smedsrud, co-founder and President of Insurance Services for HealthCare.com. “Although still in the early stages, we are disrupting the $1 trillion healthcare insurance market in the U.S. by helping consumers choose and enroll in plans that best fit them. We are honored to be recognized by Red Herring and look forward to expanding our reach in the near future.”

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe HealthCare.com embodies the vision, drive and innovation that define a successful entrepreneurial venture. HealthCare.com should be proud of its accomplishment.”

About HealthCare.com
HealthCare.com is an online health insurance company providing a data-driven shopping platform and insurance content to help American consumers enroll in individual health insurance and Medicare plans. HealthCare.com also develops and markets a portfolio of proprietary, direct-to-consumer health insurance and supplemental insurance products under the name Pivot Health. Founded in 2014, the company is headquartered in New York City, and is backed by PeopleFund and individual investors including current and former executives of Booking.com and Priceline. HealthCare.com is a 3-time honoree of the Inc. 500 list of America’s fastest-growing companies. For more info, visit www.healthcare.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20181029005130/en/