Digital-first health insurance startup Angle Health Inc. says it’s ready to transform the healthcare industry after closing on a $58 million early-stage round of funding.
Today’s Series A round was led by Portage, with participation from new investors PruVen Capital, Wing Venture Capital, SixThirty Ventures, Mighty Capital, Wormhole Capital, Mindset Ventures, Aloft VC and Pilot.com Inc. founder Waseem Daher. Existing backers Blumberg Capital, Correlation Ventures, TSVC and Y Combinator also joined in.
Angle Health was co-founded in 2021 by former Palantir Technologies Inc. engineers Ty Wang, its chief executive officer, and Anirban Gangopadhyay, its chief technology officer. They created the company after becoming frustrated with their experiences of the personal health insurance industry in the U.S. The startup wants to reinvent the way Americans obtain health insurance by bringing traditional healthcare providers, digital health and wellness into a single, cohesive ecosystem that promotes better health.
The startup participated in the accelerator Y Combinator’s Winter 2020 cohort and has been building its artificial intelligence-powered app and regulatory infrastructure since then.
Wang explained that Angle Health’s mission is to unify…