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§ Private Profile · Minneapolis, MN, USA
Health benefits platform offering an online marketplace for employers and individuals to compare and select health plans.
Gravie is a health benefits platform based in Northeast Minneapolis, Minnesota, operating an online marketplace for employers and individuals to select health plans from over 400 insurers. It pioneers defined contribution benefits and Individual Coverage Health Reimbursement Arrangements (ICHRA), enabling tax-advantaged employer contributions for individual marketplace plans, and offers GraviePay® for interest-free payment of out-of-pocket medical expenses. The company has raised over $346 million in funding, with significant 2022 investments from Georgian and General Atlantic. Its employee base tripled in two years leading to 2022, and it moved into a 27,000-square-foot headquarters in Northeast Minneapolis. Key investors include General Atlantic, Georgian, and FirstMark Capital; Amish Jani serves on its board. Gravie was founded in 2013 by Abir Sen and Marek Ciolko.
Gravie has raised $374.1M across 8 funding rounds.
Gravie has raised $374.1M in total across 8 funding rounds.
Gravie has raised $374.1M in total across 8 funding rounds.
Gravie's investors include Trinity Capital, General Atlantic, Georgian Partners, AXA Venture Partners, GE Ventures, Split Rock Partners, Aberdare Ventures.
Gravie has raised $374.1M across 8 funding rounds. Most recently, it raised $40.0M Debt in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 25, 2024 | $40M Debt Financing | Trinity Capital | — | Announced |
| Mar 21, 2023 | $179M Venture Round | General Atlantic | — | Announced |
| Jul 14, 2022 | $15M Series E Plus | — | — | Announced |
| Mar 10, 2022 | $75M Series E | Georgian Partners | — | Announced |
| Mar 18, 2021 | $28M Series D | AXA Venture Partners | — | Announced |
| Jul 19, 2017 | $14.1M Series C | GE Ventures | — | Announced |
| Apr 21, 2015 | $12.5M Series B | Split Rock Partners | — | Announced |
| Mar 17, 2014 | $10.5M Series A | Aberdare Ventures | — | Announced |