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.
- Website
- softheon.com
Key Metrics
Founded Year
2000
Location
Stony Brook, United States
Stage
Funding Raised
Investors
Ranked
32nd among 253 active competitors
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.
View details of Softheon's funding rounds and investors
Softheon's founders and board of directors
Founder? Claim ProfileThe founders of Softheon are Russell Artzt and Eugene Ugur Sayan.
Here are the details of Softheon's key team members:
- Russell Artzt: Founder of Softheon.
- Eugene Ugur Sayan: Founder & Chief Executive Officer of Softheon.
View details of Softheon's Founder profiles and Board Members
Softheon's employee count trend
Softheon has 234 employees as of Apr 26. Here is Softheon's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | NerdWallet 2009, San Francisco (United States), Public | App-based comparison platform for financial products | $123M | 79/100 | |
2nd | EverQuote 2011, Cambridge (United States), Public | Online comparison platform for automotive & other insurances | $37.6M | 75/100 | |
3rd | Insurify 2013, Cambridge (United States), Series B | Online comparison platform for car insurance | $154M | 72/100 | |
4th | eHealth 1997, Mountain View (United States), Public | Online health insurance comparison platform for individuals and small businesses | $44M | 70/100 | |
5th | SelectQuote 1984, San Francisco (United States), Public | Online life insurance comparison platform for individuals | - | 69/100 | |
6th | Blue Cross Blue Shield of Arizona 1939, Phoenix (United States), Unfunded | Arizona's trusted health insurance provider, inspiring health and simplifying access | - | - | 66/100 |
7th | Assurance 1995, Bellevue (United States), Acquired | Online insurance marketplace offering diverse coverage options; now closed | - | - | 66/100 |
8th | The Zebra 2012, Austin (United States), Series D | Online insurance comparison platform for individuals | $262M | 64/100 | |
9th | Amplify Life Insurance 2019, San Francisco (United States), Series B | Online insurance comparison platform | $67.1M | 64/100 | |
10th | Health IQ 2014, Mountain View (United States), Series D | Health insurance comparison platform | $95.1M | 61/100 | |
32nd | 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
Media has covered Softheon for 1 event in last 1 year.
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Softheon Launches First AI Tools to Help Health Plans Implement AI Safely and SecurelyInsuranceNewsNet•Aug 16, 2023•Softheon
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FutureRx Appoints Eric Grossman as Chief Commercial OfficerACCESSWIRE•Jun 20, 2023•FutureRx, Softheon
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Cox Health Plans Becomes the First Carrier to Utilize Softheon Medicare Advantage CloudInsuranceNewsNet•Sep 15, 2022•Softheon, CoxHealth
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Softheon selected by State of West Virginia to implement Medicaid asset verificationPR Newswire•Apr 25, 2019•Softheon
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