Overview
1m is a healthtech company headquartered in New York City, focusing on the development of a data-driven risk management platform for the healthcare sector. Operating via a B2B SaaS model, the company serves large healthcare organizations to enhance operational efficiency and transform risk management into a proactive value driver.
Founding and Leadership
Founded by Jeffrey Ellis and Chris Giuliano, former healthcare investment bankers at Goldman Sachs, 1m is committed to setting a new standard for healthcare risk management through technological innovation. Jeffrey Ellis serves as Co-CEO and Co-Founder, handling client relationships, strategy, and finance. Chris Giuliano, also a Co-CEO and CTO, is responsible for product development and engineering oversight.
Funding
1m successfully completed a Series A funding round, raising $10 million to expand their SaaS platform. This includes $7.3 million in venture funding and $2.7 million in converted notes, supporting their mission to improve financial sustainability and healthcare delivery.
Product Offering
1m's platform integrates leadership and cross-divisional teams into a streamlined system for healthcare risk management. Key features include data monitoring and anomaly detection to support margin improvement and financial sustainability, with a strong emphasis on affordability and accessibility. The platform's Risk Intelligence Network offers comprehensive industry insights and analytics.
Team and Culture
The company values a culture of collaborative engagement and creative resourcefulness, offering perks like unlimited vacation and remote work. Key team members include Alicia Hetrick, VP of Engineering, and Andrew Ryan, VP, Head of Infrastructure & CISO, who oversees cloud engineering and cybersecurity.
Strategic Focus
1m prioritizes collaborative relationships with healthcare partners to create technologies that address unique sector challenges, highlighting their dedication to equipping healthcare leaders with effective risk management tools.
Contact Information
- Official Website: [1m Platform](https://www.1mplatform.com/)
- LinkedIn Pages: [Jeffrey Ellis LinkedIn](https://www.linkedin.com/in/jeffrey-ellis-1m), [Chris Giuliano LinkedIn](https://www.linkedin.com/in/chris-giuliano-a2010422)
Competitor Profiling
Strategic Positioning
1m features a diverse array of offerings supported by a reputable investor base, including First Derivative, Banner Health, and Stanford Health Care, enhancing their capacity to innovate.
Key Competitors
1m faces competition from several notable contenders, including:
- BigCommerce: An open SaaS ecommerce platform, supporting B2B and B2C firms with enterprise functionalities. Listed on Nasdaq with revenues of $309.39 million in FY2023.
- GoDaddy: A leader in domain registration and web hosting, aiding over 20 million entrepreneurs, with a market cap of $25.4 billion as of February 2025.
- Intellimize: Provides AI-driven website optimization for enhancing conversion rates, with its acquisition by Webflow emphasizing its role in digital transformation.
Strategic Insight
Understanding the competitor landscape offers insights into potential threats and opportunities. BigCommerce’s ecommerce innovations and GoDaddy's domain services highlight 1m's unique positioning in data-driven processes. Collaborations with competitors could provide market presence and customer evolution.
Professional and Business Insights
Exploring shared business solutions and leveraging investor backing could boost 1m's market value, integrating advanced AI features for efficiency and personalized services within data-driven domains.
1m remains dedicated to setting industry standards for healthcare risk management through innovative solutions and strategic partnerships, all while maintaining affordability and accessibility.
