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§ Private Profile · 15 N. Rio Grande Street Salt Lake City, UT 84101
Data analytics software for self-insured employers and brokers to optimize employee benefits programs and reduce wasteful healthcare spending.
Artemis Health is a Salt Lake City, Utah-based software company that provides a data analytics platform for self-insured employers and brokers to optimize their employee health benefits. Operating as a business-to-business software-as-a-service provider, the firm grew to approximately 150 employees and generated $20.3 million in annual revenue while serving more than 500 employers and covering over one million employee lives. Prior to its acquisition, the enterprise raised over $43 million in venture funding across multiple rounds backed by prominent institutional investors including Bessemer Venture Partners, Maverick Ventures, F-Prime, and Hearst Health Ventures. In January 2022, direct healthcare provider Nomi Health acquired the analytics firm for $130 million to integrate its technology into a broader suite of employer healthcare solutions. The company was originally founded in 2013 by Grant Gordon, Dallin Regehr, and Dallen Allred.
Artemis Health has raised $83.0M across 6 funding rounds.
Artemis Health has raised $83.0M in total across 6 funding rounds.
Artemis Health has raised $83.0M in total across 6 funding rounds.
Artemis Health's investors include Steve Kraus, F-Prime Capital Partners, Greylock, Kickstart Fund, Maverick Capital, Oak HC/FT, Second Century Ventures, S J, F-Prime Capital, Hearst Ventures, Rose Park Advisors, Jon Lim.
Artemis Health is a healthcare software company that provides a benefits analytics platform to help self-insured employers optimize employee health benefits, reduce spending, and improve care quality using their own data.[1][2][4] The platform aggregates complex benefits data from sources like medical, prescription, and wellness feeds, delivering actionable insights, benchmarking, risk scoring, and visualization tools to identify cost-saving opportunities, track high-cost conditions, and measure program ROI.[2][4][5] Serving major clients such as Intuit, US Foods, Wayfair, and JB Hunt, Artemis has scaled to cover over 6 million lives, empowering employers and advisors to make data-driven decisions amid rising U.S. healthcare costs.[1][3]
Artemis Health was founded by a team with deep expertise in healthcare data, analytics, and employee benefits, though specific founder names are not detailed in available sources.[1] Based in Salt Lake City, the company emerged to address inefficiencies in the U.S. healthcare system, focusing on making benefits data accessible for self-insured employers and their advisors.[2][3] Early traction included innovative responses like a COVID-19 Risk Assessment tool, which analyzed customer data to identify high-risk members and inform protective measures, demonstrating the platform's real-world impact from the outset.[3] The company's purpose—turning health data into affordable healthcare—drove milestones like surpassing 6 million lives on the platform, shifting success metrics beyond revenue to direct health improvements.[3]
Artemis rides the wave of data-driven healthcare optimization, capitalizing on the shift toward self-insured employer plans amid soaring U.S. costs and post-pandemic emphasis on employee well-being.[1][3] Timing aligns with regulatory pressures and the explosion of point solutions (e.g., telehealth, light therapy for skin conditions), where Artemis' tools like Console help evaluate efficacy, as seen in its Zerigo Health partnership for autoimmune care management.[2] Market forces favoring it include demand for transparent benefits amid talent retention challenges and HITRUST compliance needs, positioning Artemis to influence ecosystems by enabling advisors and employers to cut waste, predict risks, and scale innovations.[2][6] By covering millions of lives, it contributes to broader affordability trends, inspiring data-centric reforms in employer-sponsored health.
Artemis Health is poised for expansion with tools like Console and partnerships enhancing its edge in point-solution evaluation and chronic condition management.[2] Upcoming trends—AI-enhanced predictions, deeper SDoH integration, and regulatory pushes for compliance (e.g., HITRUST r2 via platforms like Hyperproof)—will amplify its platform's value, potentially growing beyond 6 million lives.[3][6] As self-insured plans proliferate, Artemis could evolve into a standard for benefits intelligence, further fixing U.S. healthcare by democratizing data for smarter, affordable decisions—echoing its founding mission to empower employers with clarity from complexity.[1][4]
Artemis Health has raised $83.0M across 6 funding rounds. Most recently, it raised $25.0M Series C in March 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2019 | $25M Series C | Steve Kraus | F Prime Capital, Greylock, Kickstart Fund, Maverick Capital, OAK HC/FT, Second Century Ventures, S J, F Prime Capital, Hearst Ventures, Rose Park Advisors | Announced |
| Aug 1, 2017 | $16M Series B | JON LIM | F Prime Capital, Greylock, Kickstart Fund, Maverick Capital, OAK HC/FT, Second Century Ventures, S J | Announced |
| Jul 1, 2017 | $23M Series B | — | F Prime Capital, Greylock, Maverick Capital, OAK HC/FT, Second Century Ventures, S J | Announced |
| May 1, 2017 | $8M Series A | Maverick Capital | F Prime Capital, Greylock, OAK HC/FT, Second Century Ventures, S J | Announced |
| Jul 1, 2016 | $10M Series A | — | F Prime Capital, Greylock, Maverick Capital, OAK HC/FT, Second Century Ventures, S J | Announced |
| Dec 1, 2013 | $1M Seed | — | Kickstart Fund, Peterson Ventures | Announced |