# Trek Health

> Trek Health is a San Mateo-based healthtech company that turns federally mandated price-transparency data into negotiating leverage for hospitals and provider groups. Its AI-powered platform ingests, normalizes, and validates payer rate data from more than 120 commercial payers every quarter, then lets healthcare CFOs and contract teams benchmark their rates against the market, model negotiation scenarios, and identify revenue they're leaving on the table. Founded in 2022 by Dilpreet Sahota and Gopal Narayan, the company raised an $11M Series A led by Madrona in 2025 and serves 130+ provider customers.

- **Founded:** 2022
- **Headquarters:** San Mateo, California, United States
- **Founders:** Dilpreet Sahota (Co-Founder & CEO), Gopal Narayan (Co-Founder & CTO)
- **Team size:** ~59 employees
- **Products:** Contract Intelligence, Price Intelligence, Competitive Market Analysis (CMA), OpenPayer, Rate Change Solution
- **Notable:** Raised $13.7M total across seed and Series A rounds, $11M Series A led by Madrona (April 2025), Reached 100 customers by October 2024; 130+ since

## Products & services

- **Contract Intelligence** — Brings an organization's own contract data together with market reimbursement intelligence to support negotiation planning in real time.
- **Price Intelligence** — Ingests, normalizes, and validates payer rate data from 120+ commercial payers each quarter into clean, consolidated insights.
- **Competitive Market Analysis (CMA)** — Lets CFOs and contract negotiators benchmark rates against current market data, simulate negotiation outcomes, and get AI-guided recommendations before discussions begin.
- **OpenPayer** — Access layer to machine-readable payer pricing data mandated by federal transparency regulations.
- **Rate Change Solution** — Tracks payer rate changes and policy updates so providers can respond to shifts and contract renewals.
- **Price Transparency Solutions** — Tooling built on top of federally mandated machine-readable pricing files for benchmarking and compliance.

## Achievements

- Raised $13.7M total across seed and Series A rounds
- $11M Series A led by Madrona (April 2025)
- Reached 100 customers by October 2024; 130+ since
- One provider group secured a 15% rate increase with a major payer using Trek's insights
- Normalizes payer rate data from 120+ commercial payers every quarter

## Latest updates

- **2025-04** — Closed $11M Series A led by Madrona and launched the Competitive Market Analysis (CMA) product.
- **2024-10** — Reached 100 paying customers.

## Links

- Website: https://trekhealth.io
- LinkedIn: http://www.linkedin.com/company/trek-health
- Twitter/X: https://twitter.com/trekhealth
- YouTube: https://www.youtube.com/watch?v=Nwz_KIKQLnQ
- Facebook: https://facebook.com/TrekHealth

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Profile page: https://yespress.io/trek-health
Published by YesPress — https://yespress.io
Last updated: 2026-06-10
