-40%

est. 2Y upside i

Healthcare

Rank

#1758

Sector

HealthTech, SaaS

Est. Liquidity

~3Y

Data Quality

Data: Low

GetInsured, a mature, private equity-backed SaaS company with an estimated ~$189M in revenue and 75% gross margins, operates in a stable but moderately growing public sector HealthTech market.

Last updated: March 10, 2026

Bull (30%)+100%

GetInsured significantly expands its footprint by securing major new state contracts and successfully cross-selling its public sector health and human services software. Revenue grows to ~$308M by 2028, justifying a 4.9x revenue multiple and a $1.51B valuation, leading to a 100% upside for common equity holders.

Base (50%)+61%

GetInsured maintains its market leadership in state-based health insurance marketplaces, growing revenue at a healthy 20% YoY to ~$272M by 2028. The company is acquired by a larger strategic player or another PE firm at a 4.5x revenue multiple, resulting in a $1.22B valuation and a 61% upside.

Bear (20%)-23%

Growth slows to ~7% YoY due to increased competition and budget constraints in state governments, reaching ~$216M revenue by 2028. A market downturn or competitive pressure leads to a valuation contraction to 3.5x revenue, resulting in a $756M valuation. After accounting for $72M in liquidation preferences, common stock value decreases by 23%.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

Investors hold $72M in liquidation preferences. In an exit at or below the estimated current valuation of $756M, common stock holders would see returns only after these preferences are paid out.

Dilution Risk

low

As a private equity-backed company, significant future dilution from new funding rounds is unlikely. Dilution would primarily stem from existing or new employee equity pools.

Secondary Liquidity

limited

Secondary liquidity for private equity-backed companies is typically limited, potentially available through infrequent tender offers or direct sales to other private investors, rather than an active public market.

Questions to Ask at the Interview

Strategic questions based on GetInsured's data — designed to show you've done your homework.

  • 1

    “Given the acquisition by an existing majority investor in 2024, what are the company's long-term strategic goals and the anticipated timeline for a future liquidity event?”

  • 2

    “With significant enrollment growth in states like Georgia and New Jersey, how does GetInsured plan to leverage this momentum to further penetrate the $45B composite TAM and expand its public sector health and human services software offerings?”

  • 3

    “How does GetInsured differentiate its SaaS technology and customer service solutions from competitors like eHealth and HealthSherpa, especially in navigating the high regulatory barriers and incumbent threats in the public sector healthcare market?”

Community

Valuation Sentiment

Our model estimates -40% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.