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Turquoise - About the company

Turquoise is a series C company based in San Diego (United States), founded in 2020 by Adam Geitgey and Chris Severn. It operates as an Online platform for employee health benefits. Turquoise has raised $95M in funding from investors like Andreessen Horowitz, Adams Street Partners and Oak HC/FT. The company has 892 active competitors, including 207 funded and 123 that have exited. Its top competitors include companies like Hinge Health, ekincare and Sharecare.

Company Details

Online platform for employee health benefits. The company has designed an online platform that enlists prices of different medical expenses, insurances, and healthcare plans for patients, providers, and employees to browse through. Users can browse medical expenses based on a particular surgery. diagnosis, treatment, or medical organization. Payers can use the platform to let patients compare insurance rates and calculate estimates. Providers can benchmark rates against the market by comparing other rates, hospitals are allowed to patients browsing experience of services with prices on the platform, and employees can go through healthcare claims.
Social
X
Email ID
*****@turquoise.health
Registered Address
600 B St Suite 300, San Diego CA 92101.
Key Metrics
Founded Year
2020
Location
San Diego, United States
Stage
Series C
Total Funding
$95M in 4 rounds
Latest Funding Round
Ranked
Employee Count
225 as on Sep 30, 2026
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Turquoise's funding and investors

Turquoise has raised a total funding of $95M over 4 rounds. Its first funding round was on Jul 22, 2021. Its latest funding round was a Series C round on Mar 17, 2026 for $*****. 4 investors participated in its latest round. Turquoise has 7 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Turquoise:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 17, 2026
8474152
Series C
4909336
5724927
7716672
3574068
Jan 23, 2024
3531594
Series B
5227692
7836275
2943909
May 11, 2022
1806427
Series A
3859286
6286502
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Turquoise's founders and board of directors

Founder? Claim Profile
The founders of Turquoise are Adam Geitgey and Chris Severn. Chris Severn is the CEO of Turquoise.
Here are the details of Turquoise's key team members:

Turquoise's Board of Directors

Turquoise's board has 4 active members. Julie Yoo, Adam Geitgey, Thomas Bremner and Christopher Reid Severn are independent board members.
Here is the list of Turquoise's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
4y 4m
cnvjuyr
Independent board member
-
Current
6y 4m
mvukmso
Independent board member
-
Current
4y 7m
mmtw{xj
Independent board member
-
Current
2y 2m

Turquoise's employee count trend

Turquoise has 225 employees as of Sep 26. Here is Turquoise's employee count trend over the years:
Employee count trend for Turquoise
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Turquoise's Competitors and alternates

Top competitors of Turquoise include Hinge Health, ekincare and Sharecare. Here is the list of Top 10 competitors of Turquoise, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hinge Health
Hinge Health
2015, San Francisco (United States), Public
Provider of virtual physical therapy and digital pain care solutions
$854M
83/100
2nd
Logo for ekincare
ekincare
2015, Hyderabad (India), Series B
Provider of employee health benefits platform offering health and wellness programs
$28M
79/100
3rd
Logo for Sharecare
Sharecare
2010, United States, Acquired
Provider of health and wellness social network for employees
$64M
79/100
4th
Logo for Castlight
Castlight
2008, San Francisco (United States), Acquired
Cloud-based healthcare information on providers and pricing for enterprises
$181M
76/100
5th
Logo for Wellhub
Wellhub
2012, New York City (United States), Series F
Cloud based corporate wellness program for employee health, productivity, and retention
$605M
76/100
6th
Logo for Sword Health
Sword Health
2015, New York (United States), Series E
Provider of AI-powered digital physical therapy and pelvic health solutions
$450M
75/100
7th
Logo for Optum
Optum
2008, Chennai (India), Acquired
Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services
-
75/100
8th
Logo for HealthEquity
HealthEquity
2002, Draper (United States), Public
Employee benefits management platform for individuals and businesses
$15.3M
73/100
9th
Logo for Accolade
Accolade
2007, Plymouth Meeting (United States), Acquired
Cloud-based platform for employee health benefits
$228M
74/100
10th
Logo for Healthee
Healthee
2021, New York City (United States), Series B
AI-powered health benefits application for healthcare services
$84M
73/100
27th
Logo for Turquoise
Turquoise
2020, San Diego (United States), Series C
Online platform for employee health benefits
$95M
66/100
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Turquoise's Investments and acquisitions

Turquoise has made no investments or acquisitions yet.

Reports related to Turquoise

Here is the latest report on Turquoise's sector:

News related to Turquoise

Media has covered Turquoise for 1 event in last 1 year.
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FAQs about Turquoise

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