Antidote Health Overview
Antidote Health is a technology company on a mission to make quality healthcare accessible and affordable. The company leverages the power of AI to deliver a revolutionary virtual HMO (Payvider) specifically designed for the Independent Healthcare Plan Market in the US. This includes self-employed individuals, gig workers, and employees of small businesses (under 50 employees) – a vast population of over 50 million Americans often facing limited access to healthcare. Through the ACA exchanges, brokers, and targeted web campaigns, we reach these underserved communities, offering them a unique solution: 24/7 virtual care with comprehensive health insurance coverage. Its AI-powered platform allows to significantly reduce costs compared to traditional options, translating into lower premiums and high profitability for Antidote. AI empowers the doctors to provide affordable care, while also enabling patients to take charge of their health, navigate the system efficiently, and benefit from continuous improvements in their services.
Cumulative Funding Raised Over Time ($)
$12.0MAug 2021
$12.0MDec 2024
$13.5MJul 2020
$35.5MMar 2022
$42.5MMay 2023
$56.5MNov 2023
Latest News
Antidote Health Unveils Groundbreaking Payvider Healthcare Model in Ohio's Off-Exchange Market
Antidote Health Selects nirvanaHealth's Aria Platform to Power its Anticipated Launch of Insurance Plans on the ACA Exchange
growth-positive
NBA superstar Giannis and Antidote Health commit $1 million for free mental health telehealth services | CTech
Israeli telehealth startup Antidote Health has partnered with the Charles Antetokounmpo Family Foundation (CAFF) to launch the Leave No One Behind campaign, offering free mental health care telehealth services to the people of Milwaukee. The campaign is backed by a $1 million commitment from Antidote and CAFF. The services will be provided by board-certified physicians via teleconference. Antidote Health, which has raised $34 million to date, laid off around a third of its workforce last October.
PartnersInvestmentLayoffs
growth-negative
Antidote axes a third of its employees | CTech
Antidote Health, a telehealth platform developer, is laying off around a third of its workforce, particularly in its R&D team. The company, which aims to provide accessible and affordable health insurance to uninsured and underinsured Americans, is streamlining and preserving its cash due to uncertainty in the financial markets. Antidote Health has previously raised $34 million in funding, including a $22 million Series A round led by iAngels, Group 11, and Flint Capital. The layoffs will result in the company reducing its Israeli R&D staff by half, from 40 employees to 17.
Layoffs
growth-positive
NBA superstar Giannis Antetokounmpo joins Antidote Health as ambassador and investor | CTech
Antidote Health, an Israeli telemedicine startup, announced that professional basketball player Giannis Antetokounmpo has become their ambassador and has invested in the company. Antetokounmpo, who was born in Greece to Nigerian immigrants, aligns with Antidote Healths mission of providing affordable and accessible healthcare for all. The company aims to address the healthcare crisis in the US, where millions of people are uninsured and unable to pay for needed care. Antidote Health has received investments from Giannis Antetokounmpo and Welltech Ventures, who believe in the companys vision of making healthcare accessible through technology.
PartnersInvestment
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $56.5M |
| Last funding | Undisclosed |
| Stage | A |
| Rounds | 6 |
| Investors | 7 |
Team Members
4
Employees: 51-200
Web & Social Links
| Website | www.antidotehealth.com/ |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Derech Menachem Begin 11, Tel Aviv-Jaffa, Israel
1460 Broadway St, Darien Center, New York, USA
Photos & Videos
3 item(s)
Antidote Health Business
Business models
B2C
Product stage
Released
Employees
51-200
Sector
Health Tech & Life SciencesDigital HealthcarePatient Remote MonitoringTarget Customer
Healthcare & Life SciencesHealthcarePatientsProvidersConsumersProfessionals & Gig EconomyDemographics & FamilyEnterprise & Professional ServicesSMBs & SMEsCore Technology
Platforms & InterfacesMobileArtificial IntelligenceChatbotsMachine LearningTags (25)
health-managementhealthcarepatient-carehealthcare-providershealthcare-ithome-carecritical-caredecision-supportemrmachine-learningtelemedicinechatbotfamilydigital-healthcarediagnosticsartificial-intelligenceclinicsmobile-applicationstelehealthvideo-chatsremote-monitoringmhealthsmbpatientshealth-insuranceGeographic Markets
United StatesAntidote Health Financials
$56.5M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
A
Funding stage
6
Total rounds
7
Investors
Cumulative Funding Raised Over Time ($)
$12.0MAug 2021
$12.0MDec 2024
$13.5MJul 2020
$35.5MMar 2022
$42.5MMay 2023
$56.5MNov 2023
Private Equity Funding
SAFE
Dec 2024
Undisclosed
iAngels
A Round
Nov 2023
$14M
A Round
May 2023
$7M
iAngels, Welltech Ventures, Flint Capital
A Round
Mar 2022
$22M
Group 11, iAngels, Giannis Antetokounmpo, Flint Capital
Seed
Aug 2021
$12M
Welltech Ventures (Lead)
,
Flint Capital, Longevity Venture Partners, iAngels
Pre-Seed
Jul 2020
$1.5M
Avishag Bohbot, Flint Capital
Antidote Health Lifecycle
Cumulative Funding Raised Over Time
$12.0MAug 2021
$12.0MDec 2024
$13.5MJul 2020
$35.5MMar 2022
$42.5MMay 2023
$56.5MNov 2023
All Events
SAFE
Dec 2024
Undisclosed
iAngels
A Round
Nov 2023
$14M
A Round
May 2023
$7M
iAngels, Welltech Ventures, Flint Capital
A Round
Mar 2022
$22M
Group 11, iAngels, Giannis Antetokounmpo, Flint Capital
Seed
Aug 2021
$12M
Welltech Ventures (Lead)
,
Flint Capital, Longevity Venture Partners, iAngels
Pre-Seed
Jul 2020
$1.5M
Avishag Bohbot, Flint Capital
Antidote Health News
11 articlesAntidote Health Unveils Groundbreaking Payvider Healthcare Model in Ohio's Off-Exchange Market
Antidote Health Selects nirvanaHealth's Aria Platform to Power its Anticipated Launch of Insurance Plans on the ACA Exchange
growth-positive
NBA superstar Giannis and Antidote Health commit $1 million for free mental health telehealth services | CTech
Israeli telehealth startup Antidote Health has partnered with the Charles Antetokounmpo Family Foundation (CAFF) to launch the Leave No One Behind campaign, offering free mental health care telehealth services to the people of Milwaukee. The campaign is backed by a $1 million commitment from Antidote and CAFF. The services will be provided by board-certified physicians via teleconference. Antidote Health, which has raised $34 million to date, laid off around a third of its workforce last October.
PartnersInvestmentLayoffs
growth-negative
Antidote axes a third of its employees | CTech
Antidote Health, a telehealth platform developer, is laying off around a third of its workforce, particularly in its R&D team. The company, which aims to provide accessible and affordable health insurance to uninsured and underinsured Americans, is streamlining and preserving its cash due to uncertainty in the financial markets. Antidote Health has previously raised $34 million in funding, including a $22 million Series A round led by iAngels, Group 11, and Flint Capital. The layoffs will result in the company reducing its Israeli R&D staff by half, from 40 employees to 17.
Layoffs
growth-positive
NBA superstar Giannis Antetokounmpo joins Antidote Health as ambassador and investor | CTech
Antidote Health, an Israeli telemedicine startup, announced that professional basketball player Giannis Antetokounmpo has become their ambassador and has invested in the company. Antetokounmpo, who was born in Greece to Nigerian immigrants, aligns with Antidote Healths mission of providing affordable and accessible healthcare for all. The company aims to address the healthcare crisis in the US, where millions of people are uninsured and unable to pay for needed care. Antidote Health has received investments from Giannis Antetokounmpo and Welltech Ventures, who believe in the companys vision of making healthcare accessible through technology.
PartnersInvestment
growth-positive
Telemedicine Startup Antidote Health Wants To Make Paying For Medical Care More Accessible And Affordable With Installment Plans
Antidote Health is a telehealth platform that offers affordable healthcare services through an app. The company aims to make healthcare more accessible and affordable, particularly for disabled individuals. Antidote provides one-time appointments as well as subscription plans, including a six-month plan for chronic conditions. The company recognizes the financial barrier to healthcare and is working to address it by offering installment payment options. Antidote is also partnering with employers and insurance carriers to establish payment plan options and address high deductibles. The demand for more affordable healthcare options is high, with many Americans struggling to pay medical bills. Antidote is developing a tool to navigate health service costs and provide affordable installment options. The company has partnered with financial firm Walnut to assess patients credit worthiness. Antidote aims to revolutionize modern healthcare and has several products in its pipeline.
Customers
growth-positive
Antidote Health debuts telemedicine-based mental health clinic
Telehealth company Antidote Health is expanding its virtual care offerings to include a Mental Health Clinic. The clinic will provide medication management and treatment for various mental health disorders. Antidote Health claims its patient-centric, enhanced, evidence-based care approach is twice as effective as traditional care. The company will also offer patient education from expert psychologists. The services are priced lower than many insurance copayments and deductibles. The expansion aims to serve more patients across the United States and provide convenient access to care from anywhere at any time.
Customers
growth-positive
Antidote raises $22 million Series A for telehealth platform CTech
Antidote Health, a telehealth startup, has raised $22 million in a Series A funding round led by iAngels, Group 11, and Flint Capital. The company aims to provide uninsured and underinsured Americans with a virtual HMO through its telehealth platform that connects users to doctors via AI chatbots and video calls. The funding will allow Antidote Health to expand its services and add chronic and primary care options. The U.S. healthcare market has crossed the $4 trillion expenditure threshold, and Antidote aims to bridge the gap between medical service providers and insurance companies. Antidote Health is led by CEO Avihai Sodri and currently employs 60 people.
Investment
growth-positive
Antidote Health Launches Integrated Hypertension Care Services To Their Product Offerings
Antidote Health, a leading telehealth provider, has announced a new core offering focused on integrated hypertension care. The companys primary care teams specializing in hypertension will provide one-on-one video medical sessions to help patients manage their high blood pressure and reduce the risk of complications. The new service will be available to new and existing users, and under certain subscription plans, the cost of hypertension medication may be included. Antidote Health aims to strengthen patient compliance by distributing regular surveys and requesting updates about their hypertension-fighting activities. The companys telemedicine services address the needs of patients who require supplementary healthcare and want a high-quality solution from the comfort of their homes. Antidote Health offers affordable, accessible care for the whole family.
Customers
growth-positive
Antidote Health raises $12 million to set up the first virtual HMO in the United States
Antidote Health, a leading telehealth provider, has raised $12 million in seed funding to build an AI-based virtual Health maintenance organization (HMO). The funding round was led by iAngels, Well-Tech Ventures, and Flint Capital. Antidote Health offers a virtual HMO via Artificial Intelligence that connects users to doctors with a smart chatbot and video calls. The company aims to provide affordable healthcare to uninsured and underinsured Americans. With the funding, Antidote Health plans to expand nationwide and fuel its marketing initiatives. The company currently operates in several states and plans to roll out to more states in the future. Antidote Health was founded in 2020 and is headquartered in New York with an R&D center in Tel Aviv.
InvestmentExpand
growth-positive
https://www.jpost.com/opinion/hillels-tech-corner-because-its-about-time-651096
Med & Beyond, an online membership-based primary care service, believes that remote medicine is here to stay. The company offers high-quality treatment at an affordable price, aiming to make healthcare accessible to everyone. Med & Beyond has signed a strategic partnership with Terem, an emergency medicine service, to improve its AI algorithm and ensure the best possible treatment for patients. The company has already launched its service in several states and plans to expand nationwide. Med & Beyond has raised $3.5 million in initial capital and is preparing for its next round of financing. With over 25,000 patients served to date, the company aims to serve more than five million users in the next four years.
CustomersPartners
Antidote Health Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 70 |
| Team members | 4 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 17 classification IDs that could be used for matching.
Antidote Health Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 103/100 |
| Missing | markets |
| BI Verification | Yotam Maman |
| Registrar ID | 516176625 |
| Crunchbase | med-beyond |
| Phone | +972.54.8119211 |
| Creator | Avihai Sodri |
| Creator email | asoudri3@gmail.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2024-04-08T00:00:00.000Z |
| Created | 2020-08-18T00:00:00.000Z |
| Claimed | Yes |