From diagnosis supported by artificial intelligence (AI), to 3D printing, virtual reality pain management, nanomedicine, and telemedicine – technology is transforming the healthcare sector. In many ways, technology is a boon to the industry. According to the Association of American Medical Colleges, the US faces a shortage of between 40,800 and 104,900 physicians by 2030. Emerging technologies can help with this problem by expediting diagnoses and allowing physicians to focus on complex cases. However, change almost always comes hand in hand with new risks.

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).