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.
- Website
- turquoise.health
- 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
Investors
Ranked
27th among 892 active competitors
Employee Count
225 as on Sep 30, 2026
Legal entities associated with Turquoise
Turquoise is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TURQUOISE HEALTH CO. CIN: 85-3355000 , United States, Active | Oct 04, 2020 | - | 52 (As on Dec 31, 2022) | - |
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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:
Filter 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 |
View details of Turquoise's funding rounds and investors
Turquoise's founders and board of directors
Founder? Claim ProfileHere are the details of Turquoise's key team members:
- Adam Geitgey: Co-Founder & CTO of Turquoise. They serve on the board of 1 company.Contact Info: 1 email address
- Chris Severn: Co-Founder & CEO of Turquoise. Contact Info: 1 email address
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 |
View details of Turquoise's Founder profiles and Board Members
Turquoise's employee count trend
Turquoise has 225 employees as of Sep 26. Here is Turquoise's employee count trend over the years:
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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:
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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 | 79/100 | |
4th | Castlight 2008, San Francisco (United States), Acquired | Cloud-based healthcare information on providers and pricing for enterprises | $181M | 76/100 | |
5th | Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $605M | 76/100 | |
6th | Sword Health 2015, New York (United States), Series E | Provider of AI-powered digital physical therapy and pelvic health solutions | $450M | 75/100 | |
7th | Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services | - | 75/100 | ||
8th | HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 73/100 | |
9th | Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | 74/100 | |
10th | Healthee 2021, New York City (United States), Series B | AI-powered health benefits application for healthcare services | $84M | 73/100 | |
27th | Turquoise 2020, San Diego (United States), Series C | Online platform for employee health benefits | $95M | 66/100 |
Looking for more details on Turquoise's competitors? Click here to see the top ones
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.
•
Turquoise Health Announces $40 Million Series C Funding RoundBusinessnewsthisweek•Mar 17, 2026•Turquoise, Oak HC/FT, Adams Street Partners, Andreessen Horowitz and 1 other
•
Turquoise Health And Policy Reporter By Mercalis Announce Strategic Data PartnershipPR Newswire•Sep 10, 2024•Turquoise, Policy Reporter
•
Turquoise Health has filed a notice of an exempt offering of securities to raise $29,999,994.00 in New Equity Investment.intelligence360•Feb 12, 2024•Turquoise
•
Price Transparency Startup Turquoise Health Picks Up $30m Series B FundingFierce Healthcare•Jan 23, 2024•Turquoise, Adams Street Partners, Yosemite, Andreessen Horowitz and 3 others
•
Healthcare still has a few years to go before price transparency data makes an impact, Turquoise Health CEO saysMedCity News•Oct 19, 2022•Turquoise
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Turquoise Health Partners with Komodo Health to Unlock New Insights About Payments, Patient Journeys, and Episodes of CareBusiness Wire•Jul 12, 2022•Turquoise, Komodo Health
•
•
Turquoise Health raises $20M to boost price transparencyMedCity News•May 11, 2022•Turquoise, Andreessen Horowitz, Bessemer Venture Partners, BoxGroup and 1 other
•
Turquoise Health raises $5M from a16z to bring transparency to healthcare pricingVator•Jul 22, 2021•Turquoise, Andreessen Horowitz, Bessemer Venture Partners, BoxGroup
•
Vālenz® Announces Strategic Partnership with Turquoise HealthBusiness Wire•Apr 26, 2021•Turquoise, Valenz
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