Optate specializes in reducing health care costs by fostering changes in employee consumption behavior through online technology.
Optate is the next generation in employee benefits management, offering true decision support for employees making difficult benefit decisions. They are an entrusted intermediary whose solution enhances the user's ability to make shared and informed decisions. Each solution is tailored to create a virtual community consisting of employers, employees, health plans, and other benefit providers. Their people-centric decision support tool is easily accessed online, allowing employees access to vital information in a secure environment anytime, anywhere. Using the Optate BENEFITcompanion™ solution increases employee satisfaction, motivation, and productivity while reducing benefit administration costs.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Nov 15, 2002 | Series Unknown | $1.80M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Internet Healthcare Group | — | Series Unknown |