# Sach Jain

> Sach Jain is the Founder & CEO of Carrum Health, a San Francisco-based value-based care platform that connects self-insured employers with top-tier hospitals and surgical centers through bundled payment arrangements. Founded in 2014 after Jain's frustration with America's fee-for-service healthcare system, Carrum Health has raised $96M in total funding and now covers 90% of the US population through a network that includes Mayo Clinic, Cleveland Clinic, Johns Hopkins, and Stanford. With a background spanning IIT Delhi, University of Chicago Booth, investment banking at Bank of America Merrill Lynch, and healthcare consulting at Booz & Company, Jain built Carrum to solve a systemic problem: employers spending $20,000+ per employee annually on health benefits with up to a 10x pricing variation for identical procedures.

- **Role:** Founder & CEO at Carrum Health
- **Organizations:** Carrum Health, Muvee Technologies, Bank of America Merrill Lynch, Booz & Company (Strategy&), Accretive Health (R1 RCM)
- **From:** India
- **Nationality:** Indian-American
- **Education:** MBA (Finance, Accounting, Entrepreneurship), University of Chicago Booth School of Business, B.Tech, Computer Science, Indian Institute of Technology (IIT) Delhi
- **Known for:** Founded Carrum Health in 2014, raising $96M in total funding, Won Harvard Business School & Harvard Medical School Health Acceleration Challenge (2017) - selected from 600+ applicants across 29 countries, awarded $50,000, Built a network covering 90% of the US population including Mayo Clinic, Cleveland Clinic, Johns Hopkins, and Stanford

## Career timeline

- **2000-2004** — Founding Member, Muvee Technologies - AI video-editing startup that grew to 100+ employees (Singapore)
- **2005-2008** — Investment Banking, Bank of America Merrill Lynch
- **2008-2009** — Consultant, Booz & Company (Strategy&) - adviser to major health plans and systems on value-based care and bundled payments
- **2009-2010** — Director, Corporate Innovations Group, Accretive Health (now R1 RCM)
- **2014** — Founded Carrum Health in February 2014
- **2017** — Won Harvard Business School & Harvard Medical School Health Acceleration Challenge, selected from 600+ applicants across 29 countries
- **2023** — Closed $45M Series B led by OMERS Growth Equity; co-investors include Tiger Global and Revelation Partners
- **2024** — Launched cancer care partnership with Color Health; pioneered value-based substance use disorder treatment
- **2025** — Doubled company growth; announced major network expansion to 1,000+ locations covering 40% of employer medical spend

## Achievements

- Founded Carrum Health in 2014, raising $96M in total funding
- Won Harvard Business School & Harvard Medical School Health Acceleration Challenge (2017) - selected from 600+ applicants across 29 countries, awarded $50,000
- Built a network covering 90% of the US population including Mayo Clinic, Cleveland Clinic, Johns Hopkins, and Stanford
- Achieved 96 NPS (Net Promoter Score) from Carrum Health members - exceptional for any industry
- Delivered up to 45% cost reduction per procedure and $16,000+ savings per surgical case for employer clients
- Led $45M Series B funding round in May 2023 backed by OMERS Growth Equity and Tiger Global
- Doubled company growth in 2025 with network expansion to 1,000+ locations
- Pioneered value-based substance use disorder treatment with 52% cost savings and zero out-of-pocket for employees
- Launched cancer care program in partnership with Color Health (2024)
- Earlier founding member of Muvee Technologies, an AI video-editing startup that grew to 100+ employees

## Latest updates

- **2025-04** — Announced major network expansion to 1,000+ locations; Carrum now covers 40% of employer medical spend through extended specialty care offerings
- **2025-01** — Company reported doubling of growth in 2025
- **2024-10** — Launched value-based substance use disorder treatment program with 52% cost savings and zero out-of-pocket for employees
- **2024-06** — Partnered with Color Health to offer comprehensive cancer care program for employers
- **2023-05** — Closed $45M Series B funding round led by OMERS Growth Equity, with Tiger Global and Revelation Partners co-investing

## Links

- Website: https://carrumhealth.com
- LinkedIn: https://www.linkedin.com/in/sachjain/
- Twitter/X: https://twitter.com/CarrumHealth
- Facebook: https://www.facebook.com/carrumhealth

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Profile page: https://yespress.io/sach-jain
Published by YesPress — https://yespress.io
Last updated: 2026-05-23