FundedIQ
Administrative Services

Sana Benefits: Funding, Investors & Team (Sep 2026)

Sana Benefits provides insurance health plans for small and medium businesses or individuals. The company offers simplified plans, ensuring you pay an honest price, and prioritizing customer service. It was founded in 2017 by Nathan Hackley and Will Young and is based in Austin, Texas, United States.

www.sanabenefits.com LinkedIn Austin, United States 101-250 employees
Employee Benefits Health Care Insurance
Total raised
$101M
Rounds
3
Latest
Series B
Jun 2022

Sana Benefits has raised $101M across 3 funding rounds on record, the most recent a Series B of $60.0M announced in Jun 2022.

That round is above the $4.7M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

Sana Benefits Company Profile and Key Stats

Total funding raised
$101M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series B
$60.0M in Jun 2022
Employees
101-250
reported band
Headquarters
Austin, United States

Latest funding round on record: Jun 2022.

Sana Benefits Funding Rounds

Date
Round
Amount
Series B
$60.0M
Series A
$20.0M
Undisclosed round
$20.8M

Sana Benefits raised $20.8M in an undisclosed round announced in Sep 2020.

1.1 years later, a Series A of $20.0M was announced in Oct 2021.

8 months later, a Series B of $60.0M was announced in Jun 2022.

Sana Benefits Founders and Leadership Team

Name
Role
Contact
Nathan Hackley
Founder
Locked
Will Young
CEO
Locked

Contact details for the Sana Benefits team: 2 of 2 have an email address on file.

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Sana Benefits Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round
29,795
$7.5M
4,307
$30M

Sana Benefits' latest round of $60.0M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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Sana Benefits Funding FAQs

What does Sana Benefits do?

Sana Benefits provides insurance health plans for small and medium businesses or individuals. The company offers simplified plans, ensuring you pay an honest price, and prioritizing customer service. It was founded in 2017 by Nathan Hackley and Will Young and is based in Austin, Texas, United States.

How much funding has Sana Benefits raised?

Sana Benefits has raised $101M across 3 rounds on record. The most recent is a Series B of $60.0M announced in Jun 2022.

When did Sana Benefits last raise funding?

Sana Benefits' most recent funding round on record is a Series B of $60.0M, announced in Jun 2022.

Who founded Sana Benefits?

FundedIQ lists Nathan Hackley (Founder) at Sana Benefits.

Who is the CEO of Sana Benefits?

Will Young is listed as CEO at Sana Benefits.

Where is Sana Benefits headquartered?

Sana Benefits is based in Austin, Texas, United States.

How many employees does Sana Benefits have?

Sana Benefits is in the 101-250 employee band.

How does Sana Benefits' funding compare to other Administrative Services startups?

Sana Benefits' latest round of $60.0M is above the $4.7M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's Sana Benefits Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Sana Benefits is left off this page rather than filled in.

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