Ribbon Health offers an API data platform that aggregates comprehensive data across providers, insurance, conditions, procedures treated, and cost and quality metrics. Its solution is built to integrate into existing healthcare workflows and is used by health plans, providers, and digital health companies to maintain accurate provider directories, simplify referral management, and support care navigation. Notable partners include Oak Street Health, Decent, PacificSource, and Firefly Health. The company says it will use new funding for team expansion and technology investments to further build a data platform that simplifies healthcare decisions across the industry. Ribbon was co-founded by Nate Fox and Nate Maslak. To date the company has raised a total of $55M. Ribbon Health provides a health care data platform that powers provider directories, referral management, and care navigation via an API layer integrated into customers' workflows. The platform includes a provider directory, insurance network offerings, and a solution offering outcomes indicators and up-to-date cost information. For health plans, Ribbon’s data enables up-to-date network design and personalized out-of-pocket cost estimates; for at-risk providers and payers it offers insights on total costs of care and referral quality. The company is led by Nate Maslak (CEO) and Nate Fox (CTO) and is used by customers including Oak Street Health and Well (Well Dot, Inc.). Ribbon intends to use the funds to expand its platform to more payers, providers, and other health care stakeholders and to grow its team in software engineering, business development, and product roles at its New York headquarters. Financially, Ribbon closed a $10.25M Series A to support these expansion and hiring plans.

Total raised

$54M

Funding rounds

2

Latest round

Series B

Latest activity

Nov 2021