When was Accolade founded?

Accolade was founded in 2007 and raised its 1st funding round within a year of its incorporation.

Where is Accolade located?

Accolade is headquartered in Plymouth Meeting, United States. It is registered at Novi, Michigan.

Is Accolade a funded company?

Accolade is a funded company, having raised a total of $228M across 11 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 01, 2007.

How much is Accolade worth?

The last known valuation of Accolade was $***** as of Jan 08, 2025.

When was the latest funding round of Accolade?

Accolade's latest funding was a $***** Post IPO round on Oct 15, 2021, with participation from 0 investor.

What is the annual revenue of Accolade?

Annual revenue of Accolade is between $100M and $500M as on Feb 29, 2024

Where does Accolade rank among its competitors?

Accolade ranks 9th amongst 827 active competitors, of which 202 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Ekincare, which secured $1.01M in Jan, 2026.

Who are the top competitors of Accolade?

Accolade's top competitors include Hinge Health, Ekincare and Sharecare. Among them, Ekincare secured the most recent funding round in January, 2026.

Accolade - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Accolade an acquired company?

Accolade got acquired by Transcarent on Jan 08, 2025.

Accolade is an acquired company based in Plymouth Meeting (United States), founded in 2007 by J Michael Cline, Julie Stern and Tom Spann. It operates as a Cloud-based platform for employee health benefits. Accolade has raised $228M in funding from investors like McKesson, Andreessen Horowitz and Madrona, with last known valuation of $*****. The company has 827 active competitors, including 202 funded and 117 that have exited. Its top competitors include companies like Hinge Health, Ekincare and Sharecare.

Company Details

Cloud-based platform for employee health benefits. The platform provides consumer healthcare engagement and influence solutions for employers and payer organizations. The company offers a web portal and app-based health assistant to consumers which acts as a point of contact for health benefits or healthcare needs. It has features for users to engage in healthcare plans, access clinical guidance, access population health management, and compares benefits.

Website: www.accolade.com/
Social
Email ID: *****@accolade.com
Phone Number: +1 **********
Registered Address: Novi, Michigan

Key Metrics

Founded Year

2007

Location

Plymouth Meeting, United States

Stage

Acquired

Total Funding

$228M in 11 rounds

Latest Funding Round

Post IPO, Oct 15, 2021, $*****

Last Known Valuation

$***** as on Jan 08, 2025

Investors

McKesson & 18 more

Ranked

9^th among 827 active competitors

Annual Revenue

$100M - $500M as on Feb 29, 2024

Investment & Acquisitions

LoanKuber & 6 more

Similar Companies

Hinge Health & 1018 more

Exit Details

Acquired by Transcarent (Jan 08, 2025)

View Accolade's full profile

Accolade is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ACCOLADE CORPORATION CIN: 272164340 , United States, Active	Dec 26, 999	-	2 (As on Dec 31, 2024)	-
ACCOLADE CARE INC. CIN: 4416926 , United States, Active	Jun 12, 2013	-	-	-
PLUSHCARE, INC. CIN: 462071477 , United States, Active	Dec 26, 999	-	41 (As on Dec 31, 2020)	-
ACCOLADE, INC CIN: 10969591 , United States, Active		-	1810 (As on Dec 31, 2024)	-
Accolade, Inc. CIN: 1481646 , United States, Active	Jan 22, 2007	$100M - $500M (As on Feb 29, 2024)	2400 (As on Feb 29, 2024)	-
ACCOLADE MANAGEMENT LLC CIN: 261678415 , United States, Active	Dec 31, 1999	-	17 (As on Dec 31, 2015)	-

Accolade got acquired by Transcarent on Jan 08, 2025 at an acquisition amount of $*****.

Click here to take a look at Accolade's acquisition in detail

Accolade has raised a total funding of $228M over 11 rounds. Its first funding round was on Feb 01, 2007. Accolade has 19 institutional investors.

Here is the list of recent funding rounds of Accolade:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 15, 2021	6243022	Post IPO	5013190	4299601	3211289	7002142
Mar 23, 2021	3555987	Post IPO	2217243	2602741	2019777	9521581
Mar 29, 2018	7227301	Series E	3953958	3883702	Andreessen Horowitz & 3 more	Madera Technology Partners & 1 more

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View details of Accolade's funding rounds and investors

The founders of Accolade are J Michael Cline, Julie Stern and Tom Spann.

Here are the details of Accolade's key team members:

J Michael Cline: Co-Founder & Chairman of Accolade and founder of 5 other companies, including Accolade solutions, RCM and Insureon Solutions.
Julie Stern: Co-founder & CTO of Accolade.
Tom Spann: Co-Founder of Accolade and founder of 1 other company.

View details of Accolade's Founder profiles and Board Members

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Top competitors of Accolade include Hinge Health, Ekincare and Sharecare. Here is the list of Top 10 competitors of Accolade, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hinge Health 2015, San Francisco (United States), Public	Provider of virtual physical therapy and digital pain care solutions	$854M	Tiger Global Management, Coatue & 14 others	83/100
2nd	Ekincare 2015, Hyderabad (India), Series B	Provider of employee health benefits platform offering health and wellness programs	$28M	Ventureast, HealthQuad & 43 others	79/100
3rd	Sharecare 2010, United States, Acquired	Provider of health and wellness social network for employees	$64M	Trinity Health, Summit Partners & 25 others	78/100
4th	Castlight 2008, San Francisco (United States), Acquired	Cloud-based healthcare information on providers and pricing for enterprises	$181M	T. Rowe Price, Maverick Ventures & 10 others	76/100
5th	HealthEquity 2002, Draper (United States), Public	Employee benefits management platform for individuals and businesses	$15.3M	Berkley Capital, Napier Park Global Capital ... & 4 others	74/100
6th	Sword Health 2015, New York (United States), Series E	Provider of AI-powered digital physical therapy and pelvic health solutions	$450M	Khosla Ventures, General Catalyst & 37 others	74/100
7th	Cigna 1792, Philadelphia (United States), Public	Provider of health insurance, dental plans and medicare coverage	-	JANA Partners, Tekla Capital Management & 3 others	74/100
8th	Wellhub 2012, New York City (United States), Series F	Cloud based corporate wellness program for employee health, productivity, and retention	$85M	EQT, General Atlantic & 21 others	74/100
9th	Accolade 2007, Plymouth Meeting (United States), Acquired	Cloud-based platform for employee health benefits	$228M	Cross Creek, SRI Capital & 17 others	74/100
10th	Optum 2008, Chennai (India), Acquired	Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services	-	Insight Partners, Riata Capital	73/100

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Accolade has made 4 investments in companies including LoanKuber and LoanKuber. Accolade has also acquired 3 companies including Plushcare and 2nd MD.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 06, 2023	Investments	LoanKuber	2015	Delhi (India)
Jul 22, 2021	Investments	LoanKuber	2015	Delhi (India)
Apr 23, 2021	Acquisition	Plushcare	2014	San Francisco (United States)