Apostrophe, Inc.
Apostrophe, Inc. is a company.
Financial History
Leadership Team
Key people at Apostrophe, Inc..
Apostrophe, Inc. is a company.
Key people at Apostrophe, Inc..
Key people at Apostrophe, Inc..
Apostrophe, Inc. is a healthcare software company that provides a savings platform for self-insured employers, delivering better benefits at lower costs by replacing traditional third-party administrators like Cigna or Aetna.[1][2][5][6] It offers concierge services, digital solutions, and upfront provider payments to achieve 20%+ savings in the first year, targeting issues like poor health management, overtreatment, pricing failures, and consumer confusion.[1][2][4] Based in Denver, Colorado, with around 56-59 employees and $12.4 million in revenue, Apostrophe is a female-founded B Corporation and Techstars graduate operating as enterprise SaaS without taking medical risk.[1][2][6]
Founded in 2016 in Denver, Colorado, Apostrophe (formerly Airstream Health) emerged from a mission to fix America's broken healthcare system by addressing cost drivers for self-insured employers.[2][4][6] Co-founder and CEO Cheryl Kellond, a Silicon Valley veteran, entrepreneur, Ironman athlete, and mother of four with experience at Bia Sport and Panache Technologies, leads the female-founded team alongside others like Julia.[1][4] A pivotal moment came in 2020 with $5.25 million in seed funding from investors including Centivo, Flight Ventures, FJ Labs, Techstars, and Matchstick Ventures, fueling national expansion and validating its model of rewiring money flows between employers, providers, and members.[2][4]
(Note: Search results distinguish this Apostrophe from an unrelated teledermatology company acquired by Hims & Hers in 2021.[3])
Apostrophe rides the wave of healthcare transparency and self-insurance trends, where employers seek alternatives to opaque, high-cost plans amid rising U.S. healthcare spending.[1][2][5] Timing aligns with post-2020 shifts toward value-based care and digital health post-pandemic, enabling national scaling via its 2020 seed round.[2] Market forces like employer frustration with legacy administrators (e.g., UnitedHealthcare) favor its model, influencing the ecosystem by promoting upfront payments and concierge services that could pressure incumbents toward efficiency.[2][4][6] As a B Corp SaaS player, it contributes to healthtech's push for sustainable, member-first innovations in a $4 trillion industry.
Apostrophe is poised to expand its self-insured employer base, leveraging SaaS scalability and potential follow-on funding to deepen market penetration beyond early adopters.[2][5] Trends like AI-driven health management and further TPA disruptions will shape its path, potentially amplifying savings as telehealth and transparency regulations evolve.[1][6] Its influence may grow by inspiring similar platforms, solidifying its role as a "common sense" fixer in a fragmented market—echoing its core promise of better benefits at lower costs for employers tackling America's healthcare crisis.[1][2]