Optate

company

About

Optate specializes in reducing health care costs by fostering changes in employee consumption behavior through online technology.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$1.80M
Industries
Health Care,Information Technology,Internet
Founded date
Jan 1, 1999
Operating Status
Active

Optate is the next generation in employee benefits management, offering true decision support for employees making difficult benefit decisions. They are an entrusted intermediary whose solution enhances the user's ability to make shared and informed decisions. Each solution is tailored to create a virtual community consisting of employers, employees, health plans, and other benefit providers. Their people-centric decision support tool is easily accessed online, allowing employees access to vital information in a secure environment anytime, anywhere. Using the Optate BENEFITcompanion™ solution increases employee satisfaction, motivation, and productivity while reducing benefit administration costs.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$1.80M
Optate has raised a total of $1.80M in funding over 2 rounds. Their latest funding was raised on Nov 15, 2002 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 15, 2002 Series Unknown $1.80M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Optate is funded by 1 investors. Internet Healthcare Group are the most recent investors.
Investor Name Lead Investor Funding Round
Internet Healthcare Group Series Unknown