Loop Health

Candidature YC de Loop Health

Winter 2020Active

Loop Health a été sélectionné par Y Combinator dans le cadre du batch Winter 2020 en tant qu'entreprise Healthcare. Ci-dessous : ce que fait l'entreprise, qui l'a fondée, et sa candidature à YC, reconstruite question par question dans le vrai formulaire YC.

Batch YC
Winter 2020
Secteur d'activité
HealthcareHealthcare Services
Taille de l'équipe
27
Statut
Active
Lancé
2020

Fondateurs

  • Ryan Singh
    Ryan SinghFounder
  • Mayank Kale
    Mayank KaleFounder

Ce que fait Loop Health

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.

Candidature YC de Loop Health, reconstruite

Candidature Y Combinator

Loop Health, promotion Winter 2020. Les vraies questions de candidature, répondues à partir de données publiques.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Loop Health

Describe what your company does in 50 characters or less.

Health insurance with primary care in India

What is your company going to make? Please describe your product and what it does or will do.

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.

Where do you live now, and where would the company be based after YC?

We live and work in Maharashtra, India, and the company is based here now and will remain so after YC.

Explain your decision regarding location.

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 réponses supplémentaires dans la candidature complète

se trouvent dans la version complète. Créez un compte gratuit pour l'ouvrir dans YC Insights, à côté de tous les autres batches YC.

Questions fréquemment posées

Est-ce la vraie candidature YC de Loop Health ?

Non. Y Combinator garde les candidatures soumises privées. Ceci est une reconstruction : les vraies questions du formulaire YC, répondues à partir des données publiques de Loop Health (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme Loop Health se présenterait à YC, pas le texte qu'ils ont soumis.

À quel batch YC Loop Health appartenait-il ?

Loop Health faisait partie du batch Winter 2020 de Y Combinator.

Qui a fondé Loop Health ?

Loop Health a été fondé par Ryan Singh, Mayank Kale.

Que fait Loop Health ?

Modern & comprehensive health insurance plan for employees in India

Comment lire la candidature complète reconstruite ?

Créez un compte Round Funded gratuit. La version complète de la candidature de Loop Health en 26 réponses, et de chaque autre promotion YC, se trouve dans YC Insights.

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