Hive Health Analysis: $7M Raised
What is Hive Health?
Hive Health is a digital health platform providing comprehensive HMO plans tailored for small to medium enterprises in the Philippines.
Product Features & Capabilities
- Comprehensive HMO coverage, teleconsults, mental health services, maternity benefits, medicine reimbursement, wellness initiatives, annual physical exams, dental coverage, COVID-19 benefits, inclusive dependent policy, member and HR dashboards.
Pricing
- Standard plans range between P7,000 to P40,000 per employee per year.
- Pricing depends on headcount, company industry, network access, and coverage limit.
- Coverage limits offered range from P50,000 Annual Benefit Limit to P500,000 Maximum Benefit Limit.
- Custom plans and pricing can be arrange
How much Hive Health raised
Funding Round - $6.5 million
July 29, 2024Lead Investor: Not specified in the source.
Who are the founders of Hive Health
CA
Camille Ang
CEO, Co-Founder
JT
Jiawen Tang
President & Co-Founder
Business Model
Digital health platform targeting SMEs, generating revenue through HMO plan subscriptions and acquisitions.
Competitors Overview
Hive Health operates in the digital health and health maintenance organization (HMO) market in the Philippines, specifically targeting small to medium enterprises (SMEs). Its main competitors include:
- HealthNow: This platform offers a similar digital health service tailored for SMEs, focusin
Investors
- Gentree Fund (backed by the Sy family)
- Other undisclosed investors
Market Focus
Hive Health primarily focuses on the digital health industry, specifically offering comprehensive Health Maintenance Organization (HMO) plans designed for small to medium enterprises (SMEs) in the Philippines.
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