Sana Closes $60M Series B Growth Funding Round


Sana, an Austin, TX-based health care company that provides health benefits to small businesses, closed a $60 million Series B funding.

The round was co-led by original investors Trust Ventures and Gigafund with participation from existing investors American Family Ventures, mark vc, Breyer Capital, JAM Fund and Liquid 2.

The company, which has raised $107m to date, intends to use the funds to expand its team and member offerings, build new primary care health centers and accelerate growth into new markets.

Led by Will Young, co-founder and CEO, Sana provides small businesses with health plans and a care ecosystem of providers, direct primary care and more. Operating only in Texas in early 2020, the company is available in eight states and will continue its reach into new states during the coming months.

In January, the company opened Sana MD in Austin, Texas, its first primary care health center for members. In addition to in-person office visits, the company gives employees access to virtual care with providers specializing in primary care, pediatrics, maternity and mental health.