OnSurity - About the company
OnSurity is a series B company based in Bengaluru (India), founded in 2020 by Kulin Shah, Yogesh Agarwal and Kulin Shah. It operates as a Provider of a monthly subscription-based employee healthcare platform offering group health benefits. OnSurity has raised $87.9M in funding from investors like Nexus Venture Partners, IFC and Quona, with a current valuation of $*****. The company has 80 active competitors, including 26 funded and 5 that have exited. Its top competitors include companies like Hinge Health, Ekincare and Castlight.
Company Details
Provider of a monthly subscription-based employee healthcare platform offering group health benefits. It is a technology-driven employee healthcare platform offering monthly subscription-based insurance solutions to small and medium-sized enterprises, startups, and growing businesses. The platform provides comprehensive healthcare plans, including group health insurance and discounts on medicine orders.
- Website
- onsurity.com
- Social
- Email ID
- *****@onsurity.com
- Registered Address
- Smartworks, Vaishnavi Tech Park, South Tower, 7th Floor, Sy No-16/1 Bellandur Gate, Sarjapur Main Rd, Ambalipura, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Series B
Total Funding
$87.9M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 06, 2024
Investors
Ranked
13th among 80 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
315 as on Feb 28, 2026
Legal entities associated with OnSurity
OnSurity is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ONSURITY TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2020PTC132386 , India, Active | Feb 05, 2020 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 322 (As on May 01, 2026) |
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OnSurity's funding and investors
OnSurity has raised a total funding of $87.9M over 6 rounds. Its first funding round was on Mar 20, 2020. Its latest funding round was a Series B round on Sep 13, 2024 for $*****. 4 investors participated in its latest round. OnSurity has 16 institutional investors and 53 angel investors.
Here is the list of recent funding rounds of OnSurity:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 13, 2024 | 4918375 | Series B | 2962249 | 8426443 | 9103784 | 8740870 |
Jul 07, 2023 | 5591656 | Series B | 6926510 | 8728281 | 7310317 | |
Jun 13, 2022 | 2361940 | Angel | 2208159 | 4541901 |
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OnSurity's founders and board of directors
Founder? Claim ProfileThe founders of OnSurity are Kulin Shah, Yogesh Agarwal and Kulin Shah. Yogesh Agarwal is the CEO of OnSurity.
Here are the details of OnSurity's key team members:
- Kulin Shah: Co-Founder & COO of OnSurity. They are also an angel investor in 3 startups.Contact Info: 1 email address
- Yogesh Agarwal: Co-Founder & CEO of OnSurity. They serve on the board of 1 company.Contact Info: 1 email address and 2 phone numbers
- Kulin Shah: Co-Founder of OnSurity and founder of 1 other company.
OnSurity's Board of Directors
OnSurity's board has 2 active members. Yogesh Agarwal and Kulin Chandrakant Shah are part of team.Here is the list of OnSurity's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 7m | |
Team | - | Current | 5y 3m |
View details of OnSurity's Founder profiles and Board Members
OnSurity's employee count trend
OnSurity has 315 employees as of Feb 26. The total employee count is 71.0% more than what it was in Feb 25. Here is OnSurity's employee count trend over the years:
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OnSurity's Competitors and alternates
Top competitors of OnSurity include Hinge Health, Ekincare and Castlight. Here is the list of Top 10 competitors of OnSurity, ranked by Tracxn score:
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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 | 84/100 | |
2nd | Provider of employee health benefits platform offering health and wellness programs | $28M | 79/100 | ||
3rd |  Castlight 2008, San Francisco (United States), Acquired | Cloud-based healthcare information on providers and pricing for enterprises | $181M | 76/100 | |
4th | Provider of health insurance plans with outpatient and hospitalization coverage | $72.7M | 71/100 | ||
5th | Visit Health 2016, Noida (India), Series A | Operator of a platform providing wellness and outpatient healthcare benefit solutions | $7.79M | 70/100 | |
6th |  Zenefits 2013, Tempe (United States), Acquired | Cloud-based platform for HR and payroll management solutions | $598M | 70/100 | |
7th |  Bharatsure 2021, Mumbai (India), Seed | Provider of technology and infrastructure for employee benefits and embedded insurance | $3.25M | 66/100 | |
8th | Online platform for booking doctor appointments and consulting healthcare professionals | $231M | 66/100 | ||
9th | Provider of employee health benefits and insurance plans for businesses | $41.2M | 65/100 | ||
10th |  ManipalCigna 2012, Mumbai (India), Acquired | Provider of individual and family health insurance coverage plans | - | - | 65/100 |
13th | Provider of a monthly subscription-based employee healthcare platform offering group health benefits | $87.9M | 58/100 |
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OnSurity's Investments and acquisitions
OnSurity has made no investments or acquisitions yet.
Reports related to OnSurity
Here is the latest report on OnSurity's sector:
News related to OnSurity
Filter this listMedia has covered OnSurity for 1 event in last 1 year, It was about company updates.
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Onsurity Bags Four Wins at the 2025 India InsurTech Summit including the Best Insurtech of the YearPassionateinmarketing•Jul 21, 2025•OnSurity
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Onsurity Partners with Snowflake to Revolutionize Data InfrastructureArdorComm Media Group•Feb 05, 2025•Snowflake, OnSurity
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Onsurity partners with Snowflake to address data scalability, governance issues of SMEs and startupsIndiatimes•Feb 04, 2025•OnSurity, Snowflake
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DMI Finance, M2P lead fintech funding in Q3'24; Peak XV, Y Combinator top investorsIndiatimes•Oct 15, 2024•DMI Finance, M2P Fintech, OnSurity, Peak XV Partners and 1 other
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FinTech Funding September 2024: Total $230 mln raised by Indian FinTechsIndiatimes•Oct 04, 2024•M2P Fintech, Helios, OnSurity, Creaegis and 1 other
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Onsurity Raises $21 Million in Series B Funding Led by Creaegis, Closing Round at $45 MillionInsurtech Insights•Sep 16, 2024•OnSurity, Nexus Venture Partners, Quona, Creaegis
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Employee healthcare platform Onsurity closes $45 million Series B roundIndian Startup News•Sep 13, 2024•OnSurity, IFC, Quona, Nexus Venture Partners and 1 other
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Onsurity and DBS Bank India Partner to Strengthen Cybersecurity for SMEsBusiness Wire India•Sep 05, 2024•OnSurity, DBS Bank
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