Draft:Buoy Health

Buoy Health Inc is a Boston-based digital health company. It has database of over 18,000 clinical encounters, which includes symptoms, risk factors, and diagnoses from 5 million patients. In November, 2020 it received funding of $37 million from Cigna, Humana, Optum and  United Health.

History
It was founded on August 1st, 2014, by Andrew Le, a Harvard Medical School and MIT graduate, and his friend Eddie Reyes. Le started Buoy Health to address the misinformation and confusion that often arises when people search online for symptoms and health concerns. Le claimed that Buoy's Covid symptom checker was accessible to 190 million people when the company rushed to include COVID-19 symptoms in the program in January 2020.

Funding
In 2017, it raised $6.7 million in a round co-led by Fidelity Investments. Bill Hambrecht lead a $15 million funding round for Buoy Health in 2019. In its 2020 funding round, a Series C investment, the company raised $37 million. The round was co-led by the venture arms of major insurers, including Cigna, Humana, Optum and United Health, this investment round valued Buoy Health at just under $200 million.