Loop Health YC Application
Loop Health went through Y Combinator in the Winter 2020 batch as a Healthcare company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.
- YC batch
- Winter 2020
- Industry
- HealthcareHealthcare Services
- Team size
- 27
- Status
- Active
- Launched
- 2020
Founders
Ryan SinghFounder
Mayank KaleFounder
What Loop Health does
Loop Health is a new type of healthcare provider in India combining high-quality primary care and insurance for employers. Employees get unlimited primary care visits at our asset-light clinics, alongside traditional hospitalization insurance. During YC, we grew from 0 to $85,000 ARR with 200% MoM growth. We serve 22 companies and 5500 members across Pune. Employers pay us $15/member/year and we make an additional $25 on prescriptions, lab tests, and hospitalization referrals. Our total gross margins are 70%. 200MM Indians are covered with employer-funded health insurance, representing a $8 billion dollar market opportunity, growing at 27% CAGR. Indian employers are dissatisfied with their health benefits today because insurance in India only covers hospital stays, not doctor visits - and only 8% of their employees will ever use the benefit in the year. With Loop, employers can offer a more engaging health benefit that includes doctor visits and telemedicine, alongside traditional hospital coverage, for about the same price. Because their employees have better access to doctors, we can also offer lower insurance premiums.
Loop Health's YC application, reconstructed
Y Combinator application
Loop Health, Winter 2020 batch. The real form questions, answered from public data.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Loop Health
Health insurance with primary care in India
We've built a health insurance plan that combines unlimited primary care visits through our asset-light clinics and telemedicine with traditional hospitalization coverage. It's designed for Indian employers to offer better healthcare benefits at a similar cost to existing insurance, which only covers hospital stays.
We live and work in Maharashtra, India, and the company is based here now and will remain so after YC.
Our product is deeply tied to the Indian healthcare market and employer health plans here. Being based in Maharashtra, where we have early traction and customers, keeps us close to the problem we are solving and our users.
21 more answers in the full application
Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.
Frequently Asked Questions
Is this the real Loop Health YC application?
No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Loop Health's public data (launch notes, founder backgrounds, product description). It shows how a company like Loop Health would present itself to YC, not the text they submitted.
What YC batch was Loop Health in?
Loop Health was part of the Y Combinator Winter 2020 batch.
Who founded Loop Health?
Loop Health was founded by Ryan Singh, Mayank Kale.
What does Loop Health do?
Modern & comprehensive health insurance plan for employees in India
How do I read the full reconstructed application?
Create a free Round Funded account. The full 26-answer version of Loop Health's application, and every other YC batch, is in YC Insights.
More YC startups like Loop Health
