Guide Startups

Savvy

Winter 2020 · Acquired

Flexible stipends for employee health insurance

Location: San Francisco, US

Founded: 2019

Team size: 12

About

Savvy is a health benefits product offering employees payment cards to buy their own health insurance. One of the first to market after new regulation, Savvy scaled to $10s of millions in volume and expanded into all 50 state health insurance markets. Savvy was backed by Y Combinator, Marc Andreessen, and the founders of One Medical and Indeed. In 2022, the company was acquired by Take Command, the leading incumbent in the health insurance HRA space.

Founders

  • Kevin CoxFounder

    Co-founded and sold digital insurance brokerage Savvy (W20). Led engineering teams at Clipboard Health while revenue grew profitably from $30M -> $130M. Building Adaptional - AI for commercial insurance.

  • Suril KantariaFounder

    Cofounder of Adaptional and previously built & sold Savvy (W20), a digital health insurance brokerage for startups & SMBs