SoftBank provides fixed-line, mobile telephony, internet, telecommunications, and digital television products. It is a multinational telecommunications and internet corporation focused on broadband, fixed-line telecommunications, e-commerce, the internet, technology services, finance, media and marketing, and other businesses. The company operates through four segments. The mobile communications segment provides mobile communications services, produces and distributes online games for smartphones and other devices, offers mobile broadband services, provides supply chain solutions, handset protection, and insurance, buy-back and trade-in services, omnichannel solutions, and financial services, and sells mobile devices such as iPhones, iPads, and SoftBank smartphones. The Sprint segment offers mobile and fixed-line voice and data transmission services for individual consumers, businesses, government subscribers, and resellers in Puerto Rico and the U.S. and sells mobile devices and accessories. The fixed-line telecommunications segment offers telecom services such as fixed-line telephone and data communications services to corporate customers and broadband services to individual customers. The internet segment is engaged in the operation of the Yahoo! Japan portal, the sale of internet advertising, the operation of e-commerce sites, the provision of membership services, the sale and marketing of data centers, the provision of online automobile-related information, and the operation of the internet affiliate system. SoftBank also generates and sells electricity from renewable energy sources; provides payment processing, invoice collections, and computation services for businesses; distributes video, voice, and data content via media; operates the IT information site ITmedia; provides solutions and services for online businesses; and operates online games and software downloads. Additionally, it is involved in the ownership of professional baseball teams, the operation of baseball games, the management and maintenance of baseball stadiums and other sports facilities, and the procurement of funds by issuing preferred securities.

SoftBank

Open Opportunity Fund is a $100 million venture fund that supports Black, Latinx, and Native American founders. The firm is operated by SoftBank Group Corporation. It was established in 2020 and is based in Miami, FL, United States.

Open Opportunity Fund

Y Combinator is a startup accelerator that invests in a large number of startups twice a year. It created a new model for funding startups. Twice a year, the company invests a small amount of money ($150k) in a large number of startups. The startup accelerator works intensively with the companies for three months, to get them into the best possible shape and refine their pitch to investors. Each cycle culminates in Demo Day when the startups present their companies to a carefully selected, invite-only audience.

Y Combinator

At Commerce Ventures, they are building a new and different type of venture capital firm. Their investors are a unique and strategic blend of leading entrepreneurs, senior executives, and corporates from their focus sectors (mobile, retail/e-commerce, payments, fin-tech, insurance). In addition to providing capital, they are committed to helping their portfolio companies succeed in scaling their commerce-related innovations.

Commerce Ventures

Coughdrop Capital is an early-stage venture firm based in San Francisco and Los Angeles.Typically, we write checks into pre-seed or seed stage startups. Regardless of sector, industry, or stage, we like to fund smart founders with ambitious plans. We love warm intros, but don't require them.  Say hello!

Coughdrop Capital

BossaNova is the number one Brazilian Micro Venture Capital. We are the most active investor in the pre-seed stage in Latin America with more than 1200 investments in over 1000 Startups. We also invest in global companies, directly or through co-investment syndicates on AngelList.

Bossanova Investimentos

DNA Capital is an investment partnership specializing in multi-stage investments in the healthcare sector, ranging from early stage companies to private equity. Our mission is to invest in and provide strategic value to the best companies and founding teams in healthcare. Our team is multidisciplinary, deeply rooted in healthcare and passionate about finding and helping the best companies to thrive. DNA Capital was founded in 2013 and is part of one of the world's leading healthcare groups. We invest globally from our offices located in São Paulo, Brazil and San Francisco, California.

DNA Capital

MSA Novo is one of the only global, institutional funds investing systematically across ETMs. Our portfolio includes 50+ companies across 14 different countries in LATAM, Africa, MENA and India, in companies like NuBank (NYSE:NU), Palantir (NASDAQ:PLTR), Uber (NYSE: UBER), Boss Zhipin (NASDAQ:BZ), NIO (NASDAQ: NIO), Klarna, Swvl, Gorillas and many more

MSA Novo

First Round is a seed-stage venture firm focused on building a vibrant community of technology entrepreneurs and companies, including Uber, Square, and Warby Parker. Through custom-built software, incredible in-person experiences, and a host of other unique services, First Round helps tiny companies get big while constantly reimagining the role of venture capital. It offers a growing number of services and products to help founders build companies from scratch. First Round has adopted the Diversity Term Sheet Rider.

First Round Capital

Duro Ventures was founded by Sundeep Ahuja, a 4x founder, advisor & investor with 70+ companies in his portfolio (excluding investments made via other AngelList Syndicates). He backs mission-driven founders and is broadly focused on consumer, enterprise AI, enterprise SaaS, healthcare IT, e-commerce, distributed energy & blockchain-inspired innovations.

Duro Ventures

Cherryrock Capital is a venture capital firm.

Cherryrock Capital

nvp invests in seed-stage B2B software companies based on data-driven and thematically oriented convictions, reinforced by industry insights and relationships.  Our tight-knit team of investment professionals executes with a startup mindset, putting decades of operational experience to support entrepreneurs throughout the journey of building a business.

nvp capital

Through our $500 million Impact Fund, they are using their own capital to make equity investments in ''double bottom line'' U.S.-based private sector companies that are applying innovative solutions to help address some of society's pressing challenges. They typically co-invest alongside other investors in the venture capital ecosystem, making equity capital commitments ranging from $250,000 to $10 million across the seed to pre-IPO stages. Investments are primarily made in companies that have demonstrated proof of concept, secured prior rounds of funding, and exhibited the potential for scale. They invest in four verticals: the future of work, climate resilience, financial inclusion, and social infrastructure. They are actively seeking opportunities to invest in businesses that are led or owned by women and minority entrepreneurs to help combat the gender and race gaps that exist in the VC-funded startup world. As part of this commitment, early-stage seed investments are primarily allocated to businesses that are led or owned by women and minorities. Additionally, as part of Citi and the Citi Foundation’s $1 billion+ Action for Racial Equity initiative, the Citi Impact Fund’s Black Entrepreneurs Investment Initiative—a $50 million capital commitment from Citi to help reduce the racial wealth gap by creating equitable access to venture capital funding for black founders—has made equity investments in tech-enabled ventures led by black founders.

Citi Impact Fund

Vitable Health

Urban Growers Collective is a non-profit farm that is working to build a more just and equitable local food system. They aim to address the inequities and structural racism that exist in the food system and in communities of color. They provide hands-on job training and create economic opportunity for youth, farmers, and men.

Vitable Health provides an integrated primary care and urgent care health plan designed for accessibility and affordability. The membership includes virtual and in-home visits, mental health support, and access to free prescriptions. This model empowers employers to enhance their healthcare offerings while reducing costs and improving employee satisfaction.

<p><span>Vitable Health is a direct primary care benefits enabler that aims to ensure healthcare access to everyone, particularly the underinsured and uninsured workforce in the US. Its primary offering is a direct primary care membership that grants members access to a network of providers for in-home and virtual primary care visits, free prescriptions, labs, and mental health programs without any out-of-pocket costs.</span></p>

Managing employee health-related benefits

Health Benefits Platforms

Vitable Health Raises $16M in Series A Funding

Urban Growers Collective

<p><span>Vitable Health is a direct primary care benefits enabler that aims to ensure healthcare access to everyone, particularly the underinsured and uninsured workforce in the US. Its primary offering is a direct primary care membership that grants members access to a network of providers for in-home and virtual primary care visits, free prescriptions, labs, and mental health programs without any out-of-pocket costs.</span></p><p><span>Vitable Health's model simplifies health benefits for employers while actively reducing overall healthcare costs under self-funded groups. By rethinking how healthcare should work and vertically integrating acute care, the company lowers the cost of providing acute and preventative care services. </span></p><p><span>As of July 2024, Vitable Health served around 400 small businesses, translating to over 50,000 employees, and operated at a 65% gross margin across several states, including Pennsylvania, Illinois, New Jersey, Maryland, Delaware, and Washington, DC.</span></p><p><br></p><p><b><strong>Key customers and partnerships</strong></b></p><p><span>Vitable Health primarily serves employers, brokers, and third-party administrators by providing healthcare solutions that meet ACA compliance. It primarily focuses on industries with a significant number of hourly and underinsured workers.</span></p><p><span>In January 2024, Vitable Health announced a strategic partnership with Mishe Health to offer its members seamless access to affordable specialty care through Mishe's extensive network of pre-vetted providers at transparent discounted prices. The collaboration aimed to address the need for accessible and affordable specialty care in Philadelphia.</span></p>

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    CoreStream is a developer of an employee health benefits platform that offers payroll deductions for the voluntary benefits marketplace.
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CoreStream

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    Benebay.com is an online self-insurance platform for smaller employers.
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Benebay

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    Benecaid is focused on the delivery and administration of employee benefit solutions to small and medium sized enterprises in Canada.
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Benecaid

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    Benepeak is a consulting firm that provides health benefits for employees using specialized applications according to users' interests.
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Benepeak

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    Marsh McLennan provides business insurance, employee benefits, retirement, and private client solutions.
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Marsh McLennan Agency

Enterprise platforms that help employees and their dependents receive primary or specialist care services as part of their health benefits. These platforms also provide access to Telehealth services, behavioral care services, and remote patient monitoring

Enterprise platforms that help employees better navigate their healthcare journey by identifying which healthcare services are covered under their benefits plan and how to best maximize their use (e.g. identifying a wider pool of suitable regional physicians for consultation)

Enterprise platforms that specialize in helping employees manage their pharmacy- and prescription-related benefits to refill prescriptions or dispense medication for in-store pickup or home delivery

Enterprise platforms that allow employers to directly manage and customize employee benefit plans. These platforms enable enterprises to present employees with multiple health benefits options across health plans and negotiate terms with third-party health administrator services and insurance providers

Platforms are offered using a B2B SaaS business model, enabling digital health

Platforms are offered on a B2B basis to help manage employee benefits across an enterprise

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 <p>Vitable Health, an American healthcare company striving to provide low-cost care to employees, has raised USD 16 million in a Series A funding round. Cherryrock Capital was the leading investor in the round, which also included notable contributors like Newark Venture Partners, Citi Impact Fund, First Round Capital, Commerce Ventures, and Y Combinator. To date, Vitable Health has accumulated a total of USD 24.8 million in funding.</p>
 <p>The cash infusion will go towards expanding Vitable Health's reach to over 40 states across the U.S.. The company, which operates as an alternative to conventional health insurance, delivers accessible and full-featured primary care, free prescriptions, and mental health coverage services to self-insured employers and small businesses. Since the completion of the fundraising round, the company has successfully launched in three additional states.</p>
 <p>Headquartered in Pennsylvania, Vitable Health caters to on-demand healthcare coverage needs, with a focus on primary and urgent care services. The company's main client base are employers, whom they assist in covering insured, uninsured, and underinsured workers through a mix of acute and preventative care that’s delivered directly to a member’s door or workplace and via telemedicine. The suite of services offered by Vitable includes virtual and at-home health checkups, mental health support, and access to a portfolio of over a thousand free prescriptions and lab tests.</p>
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Vitable Health

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