# Sana

> Affordable group health coverage with built\-in virtual care for small businesses

## At a glance

| Field | Value |
| --- | --- |
| Category | Health |
| Type | Carrier |
| Region | NA |
| Headquarters | Austin, Texas |
| Founded | 2017 |
| Stage | Growth |
| Employees | 201-500 |
| Funding | USD 111M raised (Series B) |

## Overview

Sana Benefits is a direct-to-employer health insurance carrier offering level-funded group health plans to small and midsize US businesses. The company operates as both the carrier and TPA for employer groups of 2 to 500 employees, distributing coverage through brokers across 16 states including Alabama, Arizona, Colorado, Delaware, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Ohio, Oklahoma, Pennsylvania, Texas, Virginia, and Wisconsin.

Sana's platform combines group medical, dental, and vision coverage with Sana Care, a virtual-first primary care service integrated into all plans at no additional cost. Sana Care provides members with access to 1.2 million in-network providers, unlimited messaging with dedicated care teams, virtual primary care visits, mental health services, and pediatric care. The level-funded structure offers employers potential annual refunds for low-claims years, transparent cost structures, and HRA/HSA compatibility, positioning Sana as a lower-cost alternative to traditional fully-insured plans from major carriers.

Sana was co-founded by Will Young (CEO) and Nathan Hackley. The company reached USD 236 million in annual revenue by 2025 and approximately 471 employees by January 2026. Since inception it has raised USD 111 million across five rounds, including a USD 60 million Series B in 2022 co-led by Trust Ventures and Gigafund.

## Category & focus

- Insurance verticals: Health, Group Benefits
- Target customers: Employers, Brokers

## Links

- Website: <https://www.sanabenefits.com>
- Directory profile: <https://insurtechlist.com/companies/sana/>
- Linkedin: <https://www.linkedin.com/company/sana-benefits>
- Press/news: <https://www.sanabenefits.com/all-press/>

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*Last updated: 2026\-05\-18*
