Zipari Receives Strategic Growth Investment from Thoma Bravo

Zipari, a Brooklyn, New York-based provider of a consumer experience platform built specifically for health insurance, received a strategic growth investment from Thoma Bravo.

Through this investment valuing the company at more than half a billion dollars, Zipari will combine with Healthx, a provider of healthcare engagement technologies, to create a leading CX platform and solutions for health insurance payers and third-party administrators. Mark Nathan, Founder and CEO of Zipari, will continue to lead the business. The company will remain headquartered in Brooklyn, New York.

Zipari will now serve nearly 200 clients with a suite of more than 20 products designed to help payers lower healthcare costs and improve ROI by ensuring an efficient and meaningful connection between payers, members and providers.

Through its investment and expertise in healthcare IT, Thoma Bravo expects to play a central role in accelerating Zipari’s growth strategy. Thoma Bravo will partner with Zipari to strengthen client success and delivery, broaden the company’s products and solutions, drive faster innovation and further expand the company’s combined customer base.

Led by Mark Nathan, CEO, Zipari is a healthcare technology company that develops products for health insurance carriers to engage with consumers in new and innovative ways. Its products provide real-time insights at every touchpoint, delivering value to health insurance payers with breakthrough experiences for all of their consumers. Zipari serves more than 40 million members via their payer and TPA customers.

FinSMEs

21/12/2020

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