Zelis Healthcare

Enterprise Systems (Healthcare) · Boston, MA · Founded 1995 · In IPO Registration

Developer a healthcare information technology platform designed for end-to-end healthcare claims cost management and payment services. Zelis Healthcare is based in Boston, MA and was founded in 1995. Its last reported valuation was $17 billion in Oct 2025. It has raised $7 billion across 1 recorded round; the latest was a $4.3 billion private secondary transaction in Nov 2024.

Last reported valuation
$17.0B
Oct 2026
Priced at
—
Total raised
$7.0B
Last round
Secondary Transaction - Private
Nov 2024

Who backs Zelis Healthcare?

10 investors
InvestorType
Mubadala Investment CompanyOther
Bain Capital VenturesVenture capital
NorwestVenture capital
Bain CapitalPE / buyout
HarbourVest PartnersFund of funds
Edison PartnersVenture capital
Valspring CapitalPE / buyout
Ergo PartnersAsset manager
Parthenon Capital PartnersPE / buyout
Brooke Private Equity Associates Management—
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Zelis Healthcare investors

10 investors are on record for Zelis Healthcare, including Mubadala Investment Company, Bain Capital Ventures, Norwest and Bain Capital. By type, the record holds 3 venture capital firms, 3 private equity firms and 1 asset manager. The private secondary transaction in Nov 2024 drew 2 investors.

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