Marpai

About Marpai

Marpai is a technology-powered Third-Party Administrator (TPA) that supports employers with self-funded health plans. Their mission is to lower healthcare costs while providing better healthcare options for employees and their families, optimizing health plan offerings for a healthier and happier workforce.

Products & Services

Enhanced Health Plans:Self-funded health plans designed to reduce costs while providing access to top provider networks and competitive discounts nationwide.

TPA Services:Comprehensive health plan administration including health, COBRA, dental, vision, pharmacy benefits management, compliance, and actionable analysis.

Cost Containment Solutions:Strategies like competitive network discounts, out-of-network repricing, pharmacy cost savings, reference-based pricing, and SMART claims processing for significant savings.

Marpai Vitality Plan:A self-funded insurance plan for small employers (under 100 employees) with enhanced cost savings, user-friendly administration, and big-business benefits.

MarpaiRx:An in-house Pharmacy Benefit Management (PBM) solution offering over 25% savings on pharmacy spend, transparent pricing, and a network of 60,000 pharmacies.

myMarpai App and Portal:A user-friendly platform for managing health plans, accessing digital ID cards, tracking spending, finding providers, and utilizing Telehealth services.

Care Management Services:In-house, nurse-led care management including utilization, case, acute, and chronic care management to improve outcomes and save costs.

Medical Shopping Tool:A transparency tool for in-network medical service pricing, ensuring compliance with legislation like the Transparency in Coverage Rule and No Surprises Act.

Health plan administration (medical, dental, vision, COBRA)

MarpaiRx (PBM)

Marpai Vitality (small employer plan)

GoMarpai / myMarpai portal and app

Pharmacy savings program

Utilization & case management

Telehealth

Specialties

Self-Funded Health Plans Third-Party Administration (TPA) Cost Containment Strategies Pharmacy Benefit Management (PBM) Care Management Health Plan Technology Solutions Reference-based pricing Out-of-network repricing Cost containment SMART claims processing Provider network discounts Chronic & acute care management

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Private Placement T: - FT: Private Placement	A: 200000 MR: - FA: approximately $200,000 FAN: 200000	D: 2025-10-06 FD: 2025-10-06	1 investors
2	RT: Debt T: - FT: Debt	A: 5000000 MR: - FA: $5,000,000 FAN: 5000000	D: 2025-01-06 FD: 2025-01-06	1 investors
3	RT: Private Placement T: - FT: Private Placement	A: 701950 MR: - FA: $701,950 FAN: 701950	D: 2024-12-05 FD: 2024-12-05	2 investors
4	RT: Convertible Notes T: - FT: Convertible Notes	A: 11830000 MR: - FA: $11.83 million FAN: 11830000	D: 2024-04-16 FD: 2024-04-16	1 investors
5	RT: Public Offering T: - FT: Public Offering	A: 7400000 MR: - FA: 7,400,000 FAN: 7400000	D: 2023-04-19 FD: 2023-04-19	1 investors
6	RT: Public Offering T: - FT: Public Offering	A: 7400000 MR: - FA: approximately $7,400,000 FAN: 7400000	D: 2023-04-17 FD: 2023-04-17	1 investors

Private Placement Latest

2025-10-06

$200K

1 investor (Pro only)

Debt 2025-01-06

$5.0M

Private Placement 2024-12-05

$702K

View 5 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

Y

Yaron Eitan

Chairman

D

Damien Lamendola

CEO

S

Steve Johnson

CFO

Recent News

Marpai Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised