Stack Health Raises $21M Seed

Stack Health, a Columbus-based startup that provides a software platform for small businesses to transition from traditional group health insurance to individual employee-owned health plans, has raised $21 million in a seed funding round.

Investors

The round was led by 8VC, with participation from A*, Heartland Ventures, and The O.H.I.O. Fund.

Stack Health Use of Funds

Stack Health plans to use the new capital to scale its operations and advance its mission of shifting small businesses toward individualized health coverage through its health reimbursement arrangement platform.

About Stack Health

Founded in 2026 by former Beam Benefits CEO Alex Frommeyer, Stack Health aims to decentralize health coverage by allowing employers to provide a fixed monthly contribution for workers to select their own individual insurance plans. The company provides a marketplace interface that helps employees navigate carrier options, doctor networks, and health savings account management.

Funding Details

Company Website: https://stackhealthcare.com

Company: Stack Health
Raised: $21M
Round: Seed
Funding Date: September 1, 2026
Lead Investor: 8VC
Additional Investors: A*, Heartland Ventures, The O.H.I.O. Fund
Software Category: Insurtech
Source: https://www.ohiotechnews.com/stack-health-raises-21m/