IDEON
Real-time API infrastructure connecting the health insurance and employee benefits ecosystem.
Overview
IDEON (formerly Vericred) is an API infrastructure company enabling real-time data exchange across the health insurance and employee benefits ecosystem. Founded in 2014 by Michael W. Levin and Dan Langevin, IDEON provides a standardized API layer connecting insurance carriers, HR platforms, benefits administrators, brokers, and InsurTech companies. By replacing thousands of point-to-point integrations with a single, reliable API, IDEON dramatically reduces the cost and complexity of connecting benefits data from quote through renewal.
The platform provides access to plan and rate data from 300+ carriers and supports quoting, enrollment, provider network lookup, and market intelligence. IDEONs APIs transmit billions of data points between InsurTechs and insurance carriers, enabling the benefits ecosystem to operate efficiently. As of 2025, IDEON supports 85 small group and ICHRA platforms and 65 care navigation platforms through its infrastructure.
IDEON has raised USD 58.8 million in total funding, backed by investors including Aquiline Capital Partners, Grix Venture Capital, Echo Health Ventures, and FCA Venture Partners.
Products & Services
IdeonQuote
Complete and accurate plan and rate data APIs for real-time benefits quoting.
Key Features
- Access to 50,000+ plans covering 99% of individual and small group nationwide coverage
- Supports 85 small group and ICHRA platforms
- Real-time quoting data from 300+ carriers
Target Users: HR platforms, benefits administrators, ICHRA platforms, brokers
IdeonSelect
Up-to-date, accurate provider directory data including network participation and quality insights.
Key Features
- Access to 8.5 million providers
- 5,000+ networks covered
- Network quality and participation data
Target Users: Carriers, HR platforms, benefits platforms
IdeonEnroll
Scalable, accurate data connections for benefit eligibility and enrollment.
Key Features
- Seamless data exchange for eligibility verification
- Enrollment processing and data exchange
- Connects carriers with HR and benefits platforms
Target Users: HR platforms, benefits administrators, ICHRA platforms
IdeonInsights
Market intelligence and analytics for insurance carriers to win more business and design competitive plans.
Key Features
- Competitive market intelligence
- Plan design analytics
- Carrier-focused insights and benchmarking
Target Users: Insurance carriers
At a Glance
- Founded
- 2014
- Headquarters
- New York, NY
- Employees
- 51-200
- Funding
- Series C+
Category & Focus
- Category
- Insurtech Infrastructure
- Subcategories
- Benefits API platform health insurance data connectivity enrollment data exchange
- Insurance Verticals
- Health Group Benefits
- Target Customers
- Carriers, Brokers, Employers, TPAs
Customers
- Cigna
- Aetna
- Oscar Health
- Sun Life
- Prudential
- Gusto
- Rippling
- Stride Health
- Namely
- Healthee
- Ambient
- Amino
- Gravie
- WTW
- Take Command Health
- Venteur
- Garner
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Last updated: 2026-06-03