Bind Benefits, Inc.

Bind Benefits, Inc.

Bind Benefits, Inc.

Overview
Date Founded

2016

Headquarters

3033 Excelsior Boulevard,Minneapolis, MN 55416

Type of Company

Private

Industries

Insurance: Life & Health
Holding Companies

Company Description

Bind Benefits, Inc. provides health insurance services. The company was founded in 2016 and is headquartered in Minneapolis, MN.

Executives & Employees

President, Chief Executive Officer & Director

Board of Directors

Chief Executive Officer at Lemhi Ventures Management, Inc.

President, Chief Executive Officer & Director at Bind Benefits, Inc.

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Investors
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Lemhi Ventures focuses on investment sin companies with disruptive business models that have the potential to transform the healthcare sector. The firm looks for companies that use market tools to give consumers more control over how they purchases healthcare-related products and services. Investments range from $1 million in seed capital to approximately $12 million. Lemhi Ventures is structured to invest early and is comfortable being the lead investor. They also take minority positions. Lemhi Ventures always requires a seat on their portfolio companies' Boards of Directors

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Ascension Ventures invests in expansion to late stage companies operating in the fields of medical device, healthcare and information technology and healthcare services sectors. The firm also invests in other healthcare venture funds. Investments average about $5 million per round and up to $15 million per company. They look for companies with strong management teams and sustainable competitive advantages that are sufficient to influence adoption in the marketplace. Ascension Ventures typically takes a seat on their portfolio companies' boards of directors.

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UnitedHealth Group is a leading health care company, serving more than 75 million people worldwide. Our family of companies touches nearly every aspect of health care, helping people live healthier lives. We apply our capabilities broadly across health care in markets worldwide, providing health care management, consulting and specialty services globally. And we have the scale and resources necessary to take on some of the most important challenges in global health care. (www.unitedhealthgroup.com/global) As a leader in the health benefits and services industry, our six businesses — UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State, OptumHealth, OptumInsight, and OptumRx — offer exceptional service, broad capabilities and enduring value in creating a modern health care system. Our products and services empower individuals, expand consumer choice and strengthen patient-provider relationships across the health care spectrum

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