Tango Health - About the company
Tango Health is an acquired company based in Austin (United States), founded in 2008 by Duncan Van Dusen. It operates as a Provider of a SaaS based software for ACA compliance and healthcare benefits optimization for employees. Tango Health has raised $10.3M in funding from S3 Ventures. The company has 534 active competitors, including 145 funded and 95 that have exited. Its top competitors include companies like Accolade, Hinge Health and Castlight.
Company Details
Tango Health provides SaaS-based online comparisons, educational information, and training to enable employees to make health plan choices. The company provides healthcare benefits optimization software and service solutions to large employers that are looking to increase the adoption of consumer-directed health plans. The company's web-based Health Savings Account (HSA) management platform helps employers and employees save health insurance premiums and reclaim the amount lost annually; to payroll and income taxes due to HSA under-use. The company provides healthcare benefits optimization software and service solutions to large employers that are looking to increase the adoption of consumer-directed health plans.
- Website
- tangohealth.com
- Registered Address
- Austin, Texas
Key Metrics
Founded Year
2008
Location
Austin, United States
Stage
Acquired
Total Funding
$10.3M in 4 rounds
Latest Funding Round
Investors
Ranked
241st among 534 active competitors
Employee Count
36 as on Dec 31, 2022
Exit Details
Acquired by Benefitfocus (Nov 17, 2021)
Legal entities associated with Tango Health
Tango Health is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TANGO HEALTH, INC CIN: 262060323 , United States, Active | Dec 31, 1999 | - | 36 (As on Dec 31, 2022) | - |
Tango Health's acquisition details
Tango Health got acquired by Benefitfocus on Nov 17, 2021.
Click here to take a look at Tango Health's acquisition in detail
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Tango Health's funding and investors
Tango Health has raised a total funding of $10.3M over 4 rounds. Its first funding round was on Nov 11, 2010. Tango Health has 1 institutional investor and 1 angel investor.
Here is the list of recent funding rounds of Tango Health:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 04, 2015 | 5400865 | Series B | 5475558 | 1452958 | 3265622 | 9612812 |
Jan 03, 2013 | 6643302 | Series B | 9784754 | 8233670 | 6470540 | 5621106 |
Feb 07, 2012 | 3541969 | Series B | 8437949 | 1155256 | 2661090 |
View details of Tango Health's funding rounds and investors
Tango Health's founders and board of directors
Founder? Claim ProfileThe founders of Tango Health is Duncan Van Dusen.
Here are the details of Tango Health's key team members:
- Duncan Van Dusen: Co-Founder of Tango Health.
View details of Tango Health's Founder profiles and Board Members
Tango Health's employee count trend
Tango Health has 36 employees as of Dec 22. The total employee count is 5.0% lower than what it was in Dec 21. Here is Tango Health's employee count trend over the years:
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Tango Health's Competitors and alternates
Top competitors of Tango Health include Accolade, Hinge Health and Castlight. Here is the list of Top 10 competitors of Tango Health, ranked by Tracxn score:
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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 | 84/100 | |
2nd | Hinge Health 2015, San Francisco (United States), Public | Provider of virtual physical therapy and digital pain care solutions | $854M | 82/100 | |
3rd | Castlight 2008, San Francisco (United States), Acquired | Cloud-based healthcare information on providers and pricing for enterprises | $181M | 77/100 | |
4th | Wright Express 1983, Portland (United States), Public | Provider of fleet management, employee benefits, and business payment solutions | - | 75/100 | |
5th | Sword Health 2015, New York (United States), Series E | Provider of AI-powered digital physical therapy and pelvic health solutions | $450M | 75/100 | |
6th | HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 75/100 | |
7th | Businessolver 1998, West Des Moines (United States), Late Stage | Cloud-based employee benefits administration solution | $65.2M | 75/100 | |
8th | Cigna 1792, Philadelphia (United States), Public | Provider of health insurance, dental plans and medicare coverage | - | 75/100 | |
9th | Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | 74/100 | |
10th | Bswift 1996, Chicago (United States), Acquired | Provider of benefits administration solutions for enterprises | $51M | 74/100 | |
241st | Tango Health 2008, Austin (United States), Acquired | Provider of a SaaS based software for ACA compliance and healthcare benefits optimization for employees | $10.3M | 32/100 |
Looking for more details on Tango Health's competitors? Click here to see the top ones
Tango Health's Investments and acquisitions
Tango Health has made no investments or acquisitions yet.
News related to Tango Health
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Free Option for Benefits Decision Support Tango Health’s Decision Assist StandardBusiness Wire•Apr 19, 2021•Tango Health
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HSA Bank Provides Clarity in Health Plan Selection through Advanced Decision SupportPR Newswire•Jun 18, 2020•HSA Bank, Tango Health, MyHealthMath
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WageWorks Acquires Tango Health’s Health Savings Account BusinessGlobeNewswire•Oct 03, 2017•WageWorks, Tango Health
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Boral Industries Inc. Selects Tango Health to Provide Affordable Care Act Compliance SolutionsInsuranceNewsNet•Nov 26, 2015•Boral, Tango Health
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Tango Health Selects OptumHealth Bank to Manage Health Savings Accounts for Its CustomersBusiness Wire•Apr 06, 2011•Tango Health, Optum Bank
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