Turquoise
Turquoise sells software that helps healthcare finance teams manage pricing, contracts and billing workflows. The San Diego-based company has 207 employees and raised $95M, most recently in a Series C round in March 2026.
The growth story
Turquoise grew from 29 to 207 employees between 2021 and 2026, raising $95M along the way, most recently a Series C in March 2026.
About
Turquoise's platform centralizes healthcare pricing data, contract terms and revenue cycle management tools. It targets finance teams looking to reduce administrative costs and improve negotiation outcomes, aiming to provide patients with clearer cost estimates upfront.
The company has grown to 207 employees since its 2020 founding. Its $95M in funding includes backing from prominent investors like Andreessen Horowitz and Bessemer Venture Partners, with its latest Series C round closing in March 2026.
Founders and leadership
Engineering is Turquoise's largest function with 60 employees. The company's leadership includes investors Jonathan Bush and Henry Ward, who bring healthcare and tech expertise.
The Turquoise org chart
Chris Severn (Co-Founder & CEO) leads 60 mapped leaders with 9 direct reports. Click +N to expand a team; names link to the person’s public profile.
- Executive Assistant to Chief Executive Officer I Operations LiaisonExecutive
Departments, and which ones grew
Headcount by function: Engineering 67 (+26% YoY), Operations 18 (+64% YoY), Business Development 17 (+13% YoY), Information Technology 17 (+42% YoY), Sales 14 (0% YoY), Product Management 14 (+8% YoY).
Talent flow
Turquoise recruits heavily from healthcare revenue cycle firms, with 23 hires from Triage Consulting Group and 16 from Cloudmed. Its workforce includes graduates from UCLA, University of Illinois Urbana-Champaign and UC Berkeley.
Most common previous employers of Turquoise staff: Triage Consulting Group, an R1 company (23), Cloudmed, an R1 company (16), Flexport (7), Salesforce (6), Komodo Health (5), Collective Health (5). Former Turquoise employees most often moved to Anduril Industries (2), Canopy (2), Eleos Health (2), Vizient (1), Aetna, a CVS Health Company (1), Artisanal Talent (1).
Alumni worth knowing
The Turquoise mafia
Three Turquoise alumni have founded companies, including Flexbone with 8 employees and State Rates with 1 employee.
3Sayem Hoque, was Software Engineer until 2024Alexander Gentry, was Senior Data Product Manager until 2025Sara Weathington, was Recruiter until 2025Hiring now
Web traffic
Traffic mix: 35% direct, 38% search, 3% social, 0% paid.
What this company is made of
Most common skills at Turquoise: Leadership (86), Microsoft Office (84), Microsoft Excel (81), Python (Programming Language) (68), SQL (67), Customer Service (66), Data Analysis (65), Research Skills (65).
Where the team actually sits
Turquoise people are concentrated in California, United States (32), United States (16), Illinois, United States (15), New York, United States (13).
Search footprint
Turquoise attracts about 42,130 organic search visits a month, traffic worth roughly $327K a month if bought through ads. It gained 12,177 ranking keywords and lost 5,801 in the last period.
What employees say
- Compensation
- 4.70 / 5
- Career opportunities
- 4.60 / 5
- Senior management
- 4.90 / 5
- Work-life balance
- 4.60 / 5
Frequently asked
Turquoise has 207 employees as of September 2026.
Turquoise has raised $95M in total, most recently a Series C round in March 2026.
Turquoise was founded in 2020 by Adam Geitgey, Chris Severn.
Chris Severn (Co-Founder & CEO) sits at the top of Turquoise's reporting structure, with 9 direct reports.
The most common previous employers of current Turquoise staff are Triage Consulting Group, an R1 company (23 people), Cloudmed, an R1 company (16 people), Flexport (7 people).
Former Turquoise employees most often move to Anduril Industries (2), Canopy (2), Eleos Health (2).
At least 3 companies have a founder who previously worked at Turquoise, including Flexbone, State Rates, Good Trouble.
Turquoise attracts about 42,130 organic search visits a month, worth roughly $327K a month in equivalent ad spend.
The most common skills among Turquoise staff are Leadership, Microsoft Office, Microsoft Excel, Python (Programming Language), SQL.
Turquoise staff are concentrated in California, United States (32), United States (16), Illinois, United States (15).
Turquoise has about 67 people in Engineering, up 26% over the past year, as of September 2026.
Turquoise has about 18 people in Operations, up 64% over the past year, as of September 2026.
Computed from 182 current and 84 former Turquoise profiles, as of September 2026. Source: Crustdata.
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