Transcarent - About the company
Transcarent is a series D company based in San Francisco (United States), founded in 2018 by Glen Tullman. It operates as a Provider of employee health benefits solutions. Transcarent has raised $424M in funding from investors like General Catalyst, 7wire Ventures and Kinnevik, with a current valuation of $2.2B. The company has 828 active competitors, including 202 funded and 115 that have exited. Its top competitors include companies like Hinge Health, Ekincare and Sharecare.
Sectors and market segments that Transcarent operate in
Transcarent serves in the HealthTech market segments.The primary business model of Transcarent is:Company Details
Provider of employee health benefits solutions. Platform offers AI-powered tool that guides users through their healthcare journey, helping them navigate benefits, clinical guidance, and care delivery. The platform connects users with both virtual and in-person care options and support for various health needs, including mental health, cancer care, and weight health.
- Website
- transcarent.com
- Social
- Email ID
- *****@transcarent.ai
- Registered Address
- San Francisco (United States)
Key Metrics
Founded Year
2018
Location
San Francisco, United States
Stage
Series D
Total Funding
$424M in 4 rounds
Latest Funding Round
Post Money Valuation
$2.2B as on May 02, 2024
Investors
Ranked
20th among 828 active competitors
Employee Count
776 as on Apr 30, 2026
Similar Companies
Legal entities associated with Transcarent
Transcarent is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Transcarent, Inc. CIN: 84-3296541 , United States, Active | Dec 31, 2017 | - | 348 (As on Dec 31, 2024) | - |
Sign up to download Transcarent's company profile
Transcarent's funding and investors
Transcarent has raised a total funding of $424M over 4 rounds. Its first funding round was on Oct 22, 2020. Its latest funding round was a Series D round on May 02, 2024 for $126M. 11 investors participated in its latest round. Transcarent has 20 institutional investors.
Here is the list of recent funding rounds of Transcarent:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 02, 2024 | $126M | Series D | $2.2B | - | ||
Jan 11, 2022 | $200M | Series C | $1.62B | - | ||
Jun 10, 2021 | $58M | Series B | - | - |
Access funding benchmarks and valuations. Sign up today!View details of Transcarent's funding rounds and investors
Transcarent's founders and board of directors
Founder? Claim ProfileThe founders of Transcarent is Glen Tullman. Glen Tullman is the CEO of Transcarent.
Here are the details of Transcarent's key team members:
- Glen Tullman: Founder & CEO of Transcarent and founder of 1 other company. They are also an angel investor in 5 startups.
Transcarent's Board of Directors
Transcarent's board has 7 active members. Hemant Taneja, Glen Tullman, Lee Shapiro, Holly Maloney, Erica Davila, Stephanie Peng and Ken Frazier are independent board members.Here is the list of Transcarent's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 3m | |
Independent board member | - | Current | 1y 3m | |
Independent board member | - | Current | 1y 3m | |
Independent board member | - | Current | 1y 3m | |
Independent board member | - | Current | 1y 3m | |
Independent board member | - | Current | 1y 3m | |
Independent board member | - | Current | 1y 3m |
View details of Transcarent's Founder profiles and Board Members
Transcarent's employee count trend
Transcarent has 776 employees as of Apr 26. Here is Transcarent's employee count trend over the years:
Uncover Transcarent's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Transcarent's Competitors and alternates
Top competitors of Transcarent include Hinge Health, Ekincare and Sharecare. Here is the list of Top 10 competitors of Transcarent, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | 83/100 | |
2nd | Provider of employee health benefits platform offering health and wellness programs | $28M | 79/100 | ||
3rd | Sharecare 2010, United States, Acquired | Provider of health and wellness social network for employees | $64M | 78/100 | |
4th |  Castlight 2008, San Francisco (United States), Acquired | Cloud-based healthcare information on providers and pricing for enterprises | $181M | 76/100 | |
5th |  HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 74/100 | |
6th |  Sword Health 2015, New York (United States), Series E | Provider of AI-powered digital physical therapy and pelvic health solutions | $450M | 74/100 | |
7th | Cigna 1792, Philadelphia (United States), Public | Provider of health insurance, dental plans and medicare coverage | - | 74/100 | |
8th |  Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | 74/100 | |
9th |  Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | 74/100 | |
10th | Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services | - | 73/100 | ||
20th | Transcarent 2018, San Francisco (United States), Series D | Provider of employee health benefits solutions | $424M | 69/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Transcarent's competitors? Click here to see the top ones
Transcarent's Investments and acquisitions
Transcarent has acquired 3 companies including Accolade, 98point6 and BridgeHealth. Transcarent has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
- | Acquisition | 2007 | Denver (United States) | |
Jan 08, 2025 | Acquisition | 2007 | Plymouth Meeting (United States) | |
Mar 06, 2023 | Acquisition | 2015 | Seattle (United States) |
Want to know more about where corporates are investing? Sign up today!See all acquisitions by Transcarent
Reports related to Transcarent
Here is the latest report on Transcarent's geography:
News related to Transcarent
Filter this listMedia has covered Transcarent for a total of 6 events in the last 1 year, 3 of them have been about people movement and 2 about company updates.
•
•
•
•
Transcarent Partners with Bluespine to Launch Payment Integrity Category for Self-Insured EmployersHIT Consultant•Mar 17, 2026•Transcarent, , Bluespine
•
•
Transcarent Welcomes Erica Palsis as Chief Legal OfficerWorld Business Outlook•Oct 21, 2025•Transcarent
•
•
Accolade Stockholders Approve Merger Between Accolade and TranscarentGlobeNewswire•Mar 28, 2025•Accolade, Transcarent
•
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Transcarent
Explore our recently published companies
- Steemo - Delhi based, 1985 founded, Unfunded company
- SouffleFort - Quebec City based, 2023 founded, Unfunded company
- Wipro Consumer Care - Bengaluru based, 1945 founded, Unfunded company
- Champ Knives - Puchong based, 2014 founded, Unfunded company
- Kansyam - Ahmedabad based, 1990 founded, Unfunded company
- GiantMouse - East Lansing based, 2015 founded, Unfunded company
