ClaimBuddy - About the company
ClaimBuddy is a series A company based in Gurugram (India), founded in 2020 by Khet Singh Singh and Ajit Patel. It operates as a Platform offering medical insurance claims support solutions. ClaimBuddy has raised $8.24M in funding from investors like Rebright Partners, Bharat Innovation Fund and Chiratae Ventures, with a current valuation of $*****. The company has 28 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Anagram, Inka Insurance and My Health Toolkit.
Company Details
Platform offering medical insurance claims support solutions. The platform offers solutions for health insurance claim assistance for patients and hospitals. It provides hospitals with a digital infrastructure to manage health insurance claims.
- Website
- claimbuddy.in
- Social
- Email ID
- *****@claimbuddy.in
- Phone Number
- +91 **********
- Registered Address
- 5th Floor, KCC House, Plot No. 97, Sector 44, Gurugram, Gurgaon Sector 45, Gurgaon, Sector -45, Haryana, India, 122003
Key Metrics
Founded Year
2020
Location
Gurugram, India
Stage
Series A
Total Funding
$8.24M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 02, 2024
Investors
Ranked
1st among 28 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
78 as on May 31, 2025
Legal entities associated with ClaimBuddy
ClaimBuddy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CLAIMBUDDY TECHNOLOGIES PRIVATE LIMITED CIN: U74995HR2020PTC088290 , India, Active | Aug 12, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 59 (As on Dec 01, 2025) |
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ClaimBuddy's funding and investors
ClaimBuddy has raised a total funding of $8.24M over 3 rounds. Its first funding round was on Jan 11, 2021. Its latest funding round was a Series A round on Apr 08, 2024 for $*****. 8 investors participated in its latest round. ClaimBuddy has 14 institutional investors and 28 angel investors.
Here is the list of recent funding rounds of ClaimBuddy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 08, 2024 | 7185132 | Series A | 8987451 | 6263824 | 4911433 | 8175046 |
Jan 03, 2022 | 1918343 | Seed | 7069327 | 3944154 | 2844754 | |
Jan 11, 2021 | 5528577 | Seed | 1797945 | 4504324 |
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ClaimBuddy's founders and board of directors
Founder? Claim ProfileThe founders of ClaimBuddy are Khet Singh Singh and Ajit Patel.
Here are the details of ClaimBuddy's key team members:
- Khet Singh Singh: Co-Founder of ClaimBuddy. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Ajit Patel: Co-Founder of ClaimBuddy. They serve on the board of 1 company.Contact Info: 1 phone number
ClaimBuddy's Board of Directors
ClaimBuddy's board has 2 active members. Khet Singh Singh and Ajit Patel are part of team.Here is the list of ClaimBuddy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 0m | |
Team | - | Current | 6y 2m |
View details of ClaimBuddy's Founder profiles and Board Members
ClaimBuddy's employee count trend
ClaimBuddy has 78 employees as of May 25. The total employee count is 6.0% lower than what it was in May 24. Here is ClaimBuddy's employee count trend over the years:
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ClaimBuddy's Competitors and alternates
Top competitors of ClaimBuddy include Anagram, Inka Insurance and My Health Toolkit. Here is the list of Top 10 competitors of ClaimBuddy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  ClaimBuddy 2020, Gurugram (India), Series A | Platform offering medical insurance claims support solutions | $8.24M | 52/100 | |
2nd | Anagram 2014, San Francisco (United States), Series B | Provider of insurance and claim management software for clinics and hospitals | $17.7M | 49/100 | |
3rd | Inka Insurance 2023, Jodhpur (India), Seed | Provider of technology platform designed to simplify insurance policy selection process | $500K | 47/100 | |
4th |  My Health Toolkit 2007, Columbia (United States), Unfunded | Provider of app for claim management | - | - | 42/100 |
5th |  ClaimTherapist 2019, Gurugram (India), Seed | Provider of technology-enabled services facilitating hospital claim processing and management | $471K | 40/100 | |
6th | Reimbursify 2016, Westport (United States), Unfunded | App for insurance reimbursement claims | - | - | 36/100 |
7th | Reclaim Health 2015, Cambridge (United States), Unfunded | Provider of health insurance and medical billing services | - | - | 32/100 |
8th | DentalWorks USA 2012, Tampa (United States), Acquired | Online platform for workers compensation & dental claims for individuals and insurers | - | - | 32/100 |
9th | Provider of AI & cloud-based digital claims management solution for health insurers | - | 29/100 | ||
10th |  Bimagarage 2018, Thane (India), Seed | Provider of digital claim processing services for health insurance policyholders | $875K | 29/100 |
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ClaimBuddy's Investments and acquisitions
ClaimBuddy has made no investments or acquisitions yet.
Reports related to ClaimBuddy
Here is the latest report on ClaimBuddy's sector:
News related to ClaimBuddy
•
ClaimBuddy secures $5 million in Series A fundingIndiatimes•Apr 13, 2024•ClaimBuddy, Bharat Innovation Fund, CAC Holdings, Chiratae Ventures and 6 others
•
ClaimBuddy partners with Apollo Hospitals for processing insurance claims, ET HealthWorldIndiatimes•Jan 18, 2024•ClaimBuddy, Apollo Hospitals
•
ClaimBuddy Bags $3 Million Pre-series A FundingDigital Terminal•Feb 28, 2022•ClaimBuddy, Chiratae Ventures, Rebright Partners, Titan Capital and 4 others
•
InsurTech startup ClaimBuddy collects pre-Series AFintech•Jan 03, 2022•ClaimBuddy, Chiratae Ventures, Rebright Partners, Titan Capital and 1 other
•
•
Insurtech Startup ClaimBuddy Raises Funding in A Round Led by Titan CapitalIndianWeb2•Jan 19, 2021•Titan Capital, LetsVenture, 1st Cheque, First Cheque and 1 other
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