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Softheon - About the company

Softheon is a funded company based in Stony Brook (United States), founded in 2000 by Russell Artzt and Eugene Ugur Sayan. It operates as a Provider of a cloud based insurance and healthcare plan comparison platform. The company has 253 active competitors, including 30 funded and 48 that have exited. Its top competitors include companies like NerdWallet, EverQuote and Insurify.

Company Details

Provider of a cloud-based insurance and healthcare plan comparison platform. The company provides HIX Integration, Direct Enrollment, Premium Billing, and Edge Server solutions for insurance carriers participating in Federal and State Health Insurance Exchange (HIX) Marketplaces. Softheon MC2 is a Software-as-a-Service (SaaS) solution where insurers pay a one-time activation and ongoing PMPM fees for exchange members only. Softheon is an authorized Web Broker Entity (WBE) and approved by the federal government to offer subsidized health insurance to Americans.
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Key Metrics
Founded Year
2000
Location
Stony Brook, United States
Stage
Funding Raised
Ranked
Employee Count
234 as on Apr 30, 2026
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Softheon's funding and investors

Softheon is a funded company. Softheon has 2 institutional investors.

Softheon's founders and board of directors

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The founders of Softheon are Russell Artzt and Eugene Ugur Sayan.
Here are the details of Softheon's key team members:

Softheon's employee count trend

Softheon has 234 employees as of Apr 26. Here is Softheon's employee count trend over the years:
Employee count trend for Softheon
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Softheon's Competitors and alternates

Top competitors of Softheon include NerdWallet, EverQuote and Insurify. Here is the list of Top 10 competitors of Softheon, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for NerdWallet
NerdWallet
2009, San Francisco (United States), Public
App-based comparison platform for financial products
$123M
79/100
2nd
Logo for EverQuote
EverQuote
2011, Cambridge (United States), Public
Online comparison platform for automotive & other insurances
$37.6M
75/100
3rd
Logo for Insurify
Insurify
2013, Cambridge (United States), Series B
Online comparison platform for car insurance
$154M
72/100
4th
Logo for eHealth
eHealth
1997, Mountain View (United States), Public
Online health insurance comparison platform for individuals and small businesses
$44M
70/100
5th
Logo for SelectQuote
SelectQuote
1984, San Francisco (United States), Public
Online life insurance comparison platform for individuals
-
69/100
6th
Arizona's trusted health insurance provider, inspiring health and simplifying access
-
-
66/100
7th
Logo for Assurance
Assurance
1995, Bellevue (United States), Acquired
Online insurance marketplace offering diverse coverage options; now closed
-
-
66/100
8th
Logo for The Zebra
The Zebra
2012, Austin (United States), Series D
Online insurance comparison platform for individuals
$262M
64/100
9th
Logo for Amplify Life Insurance
Amplify Life Insurance
2019, San Francisco (United States), Series B
Online insurance comparison platform
$67.1M
64/100
10th
Logo for Health IQ
Health IQ
2014, Mountain View (United States), Series D
Health insurance comparison platform
$95.1M
61/100
32nd
Logo for Softheon
Softheon
2000, Stony Brook (United States), Funding Raised
Provider of a cloud based insurance and healthcare plan comparison platform
-
40/100
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Softheon's Investments and acquisitions

Softheon has made no investments or acquisitions yet.

News related to Softheon

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Media has covered Softheon for 1 event in last 1 year.
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