SpringbukUPDATE COMPANY INFO
Springbuk is a health analytics tool that simplifies employer data into a single warehouse for 1:1 engagement and predictive insights.
Springbuk® is a health analytics software for mid- to large-size employers. The platform unifies disparate data sources–including medical claims, pharmacy, biometric, lab, activity, clinic and payroll–into a decision dashboard. The predictive modeling engine allows employers to identify future costs, engage at-risk employees on a 1:1 basis, and measure healthcare spending with pinpoint accuracy.
Springbuk is built on the front-line expertise of Healthiest Employer®, who aggregates corporate health data from over 18,000 employers that represent over 60 million employee lives. Learn more at Springbuk.com.
It’s been a great month for the Indianapolis innovation community. Indiana’s capital city made the list of 20 municipal finalists vying to become the location of Amazon’s second headquarters, and a spate of local tech startups have hit new milestones. One of those startups, Springbuk, announced last week that it has raised $20 million in
In one of the largest single investments in an Indiana tech company over the past couple of years, Springbuk announced today that the two-year-old company has secured $20 million in Series B financing. According to company officials, the new capital infusion will drive growth and expansion with a heavy emphasis on product innovation, data operations,
Two-year-old scale-up Springbuk has quickly grown its client base and employee count, and secured $3.75 million in capital investment to continue fueling that growth. The company continues to expand its health analytics software solution, which helps more than 8,000 employers identify ways to improve employee health and drive down healthcare costs. To help organizations take more control
During my career as an Engineering team leader, I have hired and managed nearly 50 highly-skilled, technical employees. By implementing a few key management strategies, I have been fortunate to have experienced a 95 percent retention rate. Today, technology plays a critical role in many functions within an organization, making software developers some of the
Located six blocks south of Monument Circle and nestled next to Rolls-Royce’s downtown campus, Union 525 opened its doors at the end of 2016 as the new home to a variety of tech startups and emerging scale-ups. A number of educational institutions that support the future and continued development of the tech sector in Central
For Indianapolis-based Springbuk Inc., growth has come quickly—especially in the past 12 months. The health-analytics-software firm, founded in January 2015, sells an HR tool for employers to track health care spending and outcomes. Since August 2016, its customer base has nearly tripled—from 310 clients in 35 states to 1,010 in all 50 states. Employment is up
Before I co-founded a tech company, I ran a marketing agency. My agency didn’t focus exclusively on the tech sector. In fact, we specialized in brand identity and product marketing, working with organizations in a variety of industries. Upon jumping into tech, however, I’ve been surprised at the number of marketers who get scared away
While men might outnumber women in the technology field, there is no lack of support for women in technology in Indianapolis. In fact, as a show of support and encouragement, many women’s groups have been created in internal organizations to support the efforts and contributions of women in technology. In Indianapolis alone, we’ve identified a
I’m going to do something that I probably shouldn’t do. I’m going to lift the veil on a closed-door leadership meeting at a company that I joined a mere few months ago. See, I recently joined the leadership team at Springbuk, a health analytics company in the heart of Indianapolis. Throughout my career, I’ve been
Indiana has been reelin’ in the positive rankings. In the second quarter of 2017, we’ve been named one of the 6 best cities to start a business right now (Inc Magazine), one of 6 U.S. cities to watch in 2017 (Conde Nast Traveler) and one of the best states for Millennials (Money-Rates.com). We asked a few
In startups, marketing is most associated with one function: demand generation. After all, the early stages are the proving ground for getting the product in front of as many prospective users as possible. And for good reason: These at-bats are invaluable for collecting feedback, cementing product-market fit, and securing early revenue. Today’s tech marketer is
Indianapolis-based Elevate Ventures in 2016 dispensed more than $16 million, burnishing its portfolio of promising companies from CloudOne to Springbuk. But Elevate CEO Christopher LaMothe said he’s particularly stoked about progress in forging deeper ties with communities around Indiana, to cultivate and fund entrepreneurism. Such partnerships “hopefully will generate a lot more interest in entrepreneurship,
Each week, TechPoint shares news and stories that highlight Indiana tech companies and the people who start, build and support them. In 2016, we shared 229 local and national media stories to our Latest in Tech feed and published 196 original stories to our website, proving that our community is innovating, developing and building a lot worth
The short-term-leasing trend is picking up steam in Indianapolis. Certain companies, especially high-growth tech firms, don’t like committing to the usual five-year-or-longer leases, because they’re not comfortable predicting how much space they’ll need that far in the future. So real estate operators are increasingly offering lease terms that are as short as a few months.
Tech companies at every stage have been known to create office space where form and function are one in the same. Young startups may choose open coworking spaces that allow for flexibility in use and increase team collaboration. Enterprise tech companies have the ability to build out an office building that suits their needs from
The Union, a building focused on housing scale-up technology companies, will officially open Q1 2017 in The Brougher Building. The former Eli Lilly property is located at 525 South Meridian on the south side of downtown Indianapolis. It features over 122,000 square feet of turnkey office space with short-term one to three year leases. Health
A group of investors have launched a real-estate operation that allows adolescent tech companies to sign 1-, 2-, and 3-year office leases—as opposed to the longer-term deals that often cause headaches for these often highly unpredictable companies. John Hurley, CEO of software firm SmartFile, and three real estate investors said they’ve invested more than $10
For all the success of Central Indiana’s tech industry, including $7 billion in initial public offerings and acquisitions in the last decade, there’s at least one area where it still falls short. A Kauffman Foundation study last year found that the region lagged behind other parts of the country in relationships between scale-up tech firms
Health analytics company Springbuk was featured on Inside INdiana Business this weekend to discuss the findings of their corporate wellness study. Titled “Wearable Technology: Unlocking ROI of Workplace Wellness,” Springbuk partnered with Fitbit to evaluate health care claims and wearable device data for a self-insured employers over a three-year period. The Springbuk Health Intelligence platform was
A study by a healthcare analytics firm that tracks corporate wellness efforts found that employees using wearable fitness monitoring devices had lower healthcare costs over a two-year period. Indianapolis-based Springbuk Inc. evaluated medical-related claims of those using the devices at a healthcare company with 20,000 employees. The study comes at a time when most of
Indiana technology companies continue to close successful seed funding, equity and venture rounds in the second quarter of 2016. In comparison to Q1 2016, Q2 has seen larger investments across a wide range of tech industries. We compiled a list of public announcements to highlight the activity and interest. Cloud and hosting technology company CloudOne
Springbuk, a health analytics platform, announced a Series A funding raise of $3.75 million led by Lewis & Clark Ventures. The Springbuk platform is currently used by nearly 500 employers that represent 500,000 individuals. The capital will be used to fuel strategic hiring and product innovation. “In 2015, we launched a platform to help employers
Half of the U.S. population is covered by employer-based health insurance and wellness programs. The Kaiser Family Foundation says it comes out to about $725 billion spent on 150 million people, including employees, their spouses and dependents. It can be hard to make sense of things when the numbers get that big. One thing’s for