Sana Benefits gets $6.3 million to disrupt 'Stone Age' healthcare insurance industry

Sana Benefits, an Austin company that wants to disrupt the healthcare insurance industry with more efficient software, said it has raised $6.3 million in seed funding. The company joins a raft of upstarts disrupting a notoriously inefficient healthcare system. These startups include players like Oscar Health, Clover, and Bright Health -- all of which have raised hundreds of millions to billions of dollars over the last few years. Most of them have been focused on individuals and not as much on the employer plans that cover half of Americans. Sana distinguishes itself in that it's one of the few new providers focused on providers, and specifically the market for small and medium sized businesses (a thousand or fewer employees).