When was Springbuk founded?

Springbuk was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Springbuk located?

Springbuk is headquartered in Indianapolis, United States. It is registered at 525 S Meridian St, Suite 1B Indianapolis, IN 46225.

How many employees does Springbuk have?

As of Dec 31, 2022, the latest employee count at Springbuk is 115.

Is Springbuk a funded company?

Springbuk is a funded company, having raised a total of $41.3M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 18, 2014.

When was the latest funding round of Springbuk?

Springbuk's latest funding was a $***** Series B round on Nov 09, 2020, with participation from 0 investor. Its primary sector is HRTech. In United States, the HRTech sector has seen $340M in funding in 2026 to date.

Where does Springbuk rank among its competitors?

Springbuk ranks 38th amongst 846 active competitors, of which 207 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Sword Health, which secured $40M in Jun, 2025.

Who are the top competitors of Springbuk?

Springbuk's top competitors include Accolade, Hinge Health and Practo. Among them, Sword Health secured the most recent funding round in June, 2025.

Springbuk - 2026 Company Profile, Team, Funding & Competitors

Springbuk is an acquired company based in Indianapolis (United States), founded in 2014 by Rod Reasen. It operates as a Providing analytics for a better ROI in population health. Springbuk has raised $41.3M in funding from investors like Health Quest Capital, Lewis & Clark Ventures and Echo Health Ventures. The company has 846 active competitors, including 207 funded and 120 that have exited. Its top competitors include companies like Accolade, Hinge Health and Practo.

Company Details

Providing analytics for a better ROI in population health. The company will collect population data from employers including claims, payroll, biometric and medical data and helps identify gaps in care and in predicting healthcare spending.

Website: www.springbuk.com/
Social
Part Of
Registered Address: 525 S Meridian St, Suite 1B Indianapolis, IN 46225

Key Metrics

Founded Year

2014

Location

Indianapolis, United States

Stage

Acquired

Total Funding

$41.3M in 8 rounds

Latest Funding Round

Series B, Nov 09, 2020, $*****

Investors

Health Quest Capital & 8 more

Ranked

38^th among 846 active competitors

Employee Count

115 as on Dec 31, 2022

Similar Companies

Accolade & 855 more

Exit Details

Acquired

View Springbuk's full profile

Springbuk is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPRINGBUK, INC. CIN: 812608495 , United States, Active	Dec 31, 2013	-	115 (As on Dec 31, 2022)	-

Springbuk got acquired on Sep 10, 2025. It was facilitated by Holland & Knight and Beneschlaw.

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

Springbuk has raised a total funding of $41.3M over 8 rounds. Its first funding round was on Oct 18, 2014. Springbuk has 9 institutional investors.

Here is the list of recent funding rounds of Springbuk:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 09, 2020	6966990	Series B	8188012	9214921	4973973	8054833
Aug 16, 2019	4043996	Series B	2700871	7369924	7872332	4174915
Jan 22, 2018	5343969	Series B	2645397	4898718	Health Quest Capital & 1 more	Cambia Health Solutions & 3 more

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View details of Springbuk's funding rounds and investors

The founders of Springbuk is Rod Reasen.

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

Rod Reasen: Founder & Co-CEO of Springbuk.

Springbuk's Board of Directors

Springbuk's board has 15 active members. Randy Scott, Ting Gootee, Zeke Turner, Brian Hopcraft, Andrew M. Lockerbie, Kurt Sheline, RODNEY R. REASEN, David Alder, Salyers Kyle, Kristi Savacool, Rodney R. Reasen, II, Anisha Sood, Phil A. Daniels, Phil Daniels and Rodney Reasen are independent board members.

Here is the list of Springbuk's board of directors:

Name	Type	Representing	Status	Duration
Randy Scott	Independent board member	-	Current	8y 1m
gnrzjul	Independent board member	-	Current	3y 4m
qvpmtlo	Independent board member	-	Current	3y 3m
cctgafp	Independent board member	-	Current	8y 4m
kwyhlaq	Independent board member	-	Current	8y 9m
sditdtu	Independent board member	-	Current	6y 1m
ozvxawe	Independent board member	-	Current	8y 9m
kmgaxzp	Independent board member	-	Current	4y 8m
yltoazr	Independent board member	-	Current	9y 5m
eqbcr{p	Independent board member	-	Current	8y 7m
frcjj{b	Independent board member	-	Current	2y 7m
zvkjnyh	Independent board member	-	Current	2y 7m
kscrkot	Independent board member	-	Current	9y 6m
apcxk{u	Independent board member	-	Current	5y 8m
sfiaxpe	Independent board member	-	Current	6y 4m

View details of Springbuk's Founder profiles and Board Members

Springbuk's employee count trend

Springbuk has 115 employees as of Dec 22. Here is Springbuk's employee count trend over the years:

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Accolade 2007, Plymouth Meeting (United States), Acquired	Cloud-based platform for employee health benefits	$228M	McKesson, Andreessen Horowitz & 17 others	84/100
2nd	Hinge Health 2015, San Francisco (United States), Public	Provider of virtual physical therapy and digital pain care solutions	$854M	Coatue, Tiger Global Management & 13 others	82/100
3rd	Practo 2008, Bengaluru (India), Series D	Online platform for booking doctor appointments and consulting healthcare professionals	$228M	Peak XV Partners, Tencent & 29 others	78/100
4th	Ekincare 2015, Hyderabad (India), Series B	Provider of employee health benefits platform offering health and wellness programs	$27M	Ventureast, Eight Roads Ventures & 41 others	77/100
5th	Castlight 2008, San Francisco (United States), Acquired	Cloud-based healthcare information on providers and pricing for enterprises	$181M	Redmile Group, Maverick Ventures & 10 others	77/100
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 & 36 others	75/100
7th	HealthEquity 2002, Draper (United States), Public	Employee benefits management platform for individuals and businesses	$15.3M	Berkley Capital, Napier Park Global Capital ... & 4 others	75/100
8th	Cigna 1792, Philadelphia (United States), Public	Provider of health insurance, dental plans and medicare coverage	-	JANA Partners, Tekla Capital Management & 3 others	75/100
9th	Wellhub 2012, New York City (United States), Series F	Cloud based corporate wellness program for employee health, productivity, and retention	$85M	Moore Strategic Ventures, General Atlantic ... & 21 others	74/100
10th	Bswift 1996, Chicago (United States), Acquired	Provider of benefits administration solutions for enterprises	$51M	Great Hill Partners, Escalate Capital Partners	74/100
38th	Springbuk 2014, Indianapolis (United States), Acquired	Providing analytics for a better ROI in population health	$41.3M	Health Quest Capital, Sovereign's Capital ... & 7 others	64/100