Health and insurance tech is a fast-growing space, with many high profile IPOs and new entrances in 2019. GrowJo just released its list of the Fastest Growing Companies in Health & Health IQ ranked #18, along with other top companies such as Peloton, Calm and Hims & Hers. Health IQ also ranked #16 in the Insurance category thanks in part to a Series D funding round of $55MM that brought the total company valuation to $450MM earlier in the year.
“When founding our own company, my partners and I spent years accumulating research to help us convince insurers that people with healthy lifestyles deserved lower insurance rates,” said Munjal Shah, CEO and CoFounder of Health IQ in a piece featured on Entrepreneur. “This was a powerful idea that we believed would revolutionize the thinking of many in the industry. It was especially powerful because we had proprietary research to back it up.”
Through 2020 Health IQ looks forward to climbing the ranks and expanding both client services and healthy lifestyle savings for clients into other insurance categories. The team is expanding in Mountain View, CA, San Diego, CA and across the country.