GroupHub Graduates from Blueprint Health Winter 2015 Program
with Deployment in Pilot Programs at Independent Brokerage Firms
New benefits enrollment and management platform ensures secure data collection, automates ACA and HIPAA compliance
San Francisco, CA – April 30, 2015 – Allen Byerly, GroupHub cofounder and CEO, today announced that the healthcare IT startup has completed the Blueprint Health Winter 2015 Accelerator program with 10 pilot programs at independent benefits brokerages across the country. GroupHub is the creator of a unified health, insurance and benefits platform.
“GroupHub’s participation in the three-month long Blueprint Health Winter 2015 Accelerator program provided us with a singular opportunity to build a strong network, grow our team and expand the functionality of our product—it’s been an extraordinary experience,” said Allen.
GroupHub was one of seven early-stage health IT companies selected from among 300 submissions to participate in the Winter 2015 program (2/2-4/23/15). Blueprint Health’s prestigious three-month programs provide participants with access to capital, clients and guidance from the world’s largest and most engaged healthcare-specific mentor community. Specifically, participants receive $20,000 in cash, more than $70,000 in perks, and office space at Blueprint Health’s 12,000 sf SoHo loft, which is home to 45 additional health tech startups, thought leaders, and funders. The mentor-driven program has built a strong track record of building successful companies; nearly 85% of startups that have completed the three-month accelerator program (begun with the Summer 2012 program)remain in business and generate revenue.
“We have benefited tremendously from our time with Blueprint’s extensive mentor and investor network,” said CMO Gabriel Roybal.
GroupHub provides independent benefits brokers with online enrollment software that enables them to compete with disruptive technology companies seeking to replace them. The GroupHub platform can save independent brokers more than 90% of their administrative costs and free up more than 30% of their time.
“The three months spent in New York helped GroupHub build a product we are very proud of and gain significant traction in the marketplace. Demo day was a great opportunity to share our growth and success with the Blueprint Health family,” said COO Kunal Mukherjee.
GroupHub is now ready to market its automated employee benefits enrollment platform that delivers a fast, user friendly experience. It is HIPAA level 7 compliant, able to determine eligibility verification, mobile device enabled, and interoperable with both the various systems in the Federal and State insurance exchanges and the private health insurance market. Additionally, the GroupHub platform’s front-end is customizable to a variety of customers (e.g., brokers, employers, consumers).
“The market opportunity for the GroupHub platform is tremendous. We’re excited by the prospects, and the response we’ve already received; already we have signed customers and our technology deployed at multiple sites,” said CTO Roger Bradley-Jungemann.
GroupHub was created in 2014 by cofounders Allen Byerly, CEO; Gabriel Roybal, CMO; Kunal Mukherjee, COO; and Roger Bradley-Jungemann, CTO. Byerly has generated $500 million in revenue in integration software and has more than two years of experience in compliance software. Kunal has more than 15 years of executive experience in technology and insurance. Gabriel holds a PhD in Molecular Biology, and is a certified health insurance broker and HIV counselor. Roger has nearly a decade of experience as a developer and front-end engineer at technology companies including Google, Wildfire, Intuit and Trustnode (now Navera).
GroupHub is the creator of a unified health, insurance and benefits platform that provides employees, employers, insurance carriers and benefits brokers with easy-to-use benefits enrollment and management tools that ensure secure capture of employee data, and regulatory compliance and security that exceed federally mandated privacy laws. Additional information about GroupHub may be found at http://www.grouphub.io/.
Gabriel Roybal, PhD – GroupHub CMO
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