Marpai, Inc.

https://www.marpaihealth.com/

Marpai, Inc. is a technology platform company specializing in Third-Party Administration (TPA), Pharmacy Benefit Management (PBM), and value-oriented health plan services for self-funded employers. Headquartered in Tampa, Florida, the company's mission is to leverage artificial intelligence and deep learning to deliver healthier member populations, reduce healthcare costs, and simplify the overall healthcare experience.

Marpai offers a comprehensive suite of services, including traditional TPA functions like access to premier provider networks (e.g., Aetna, Cigna), claims processing, plan design, cost containment, compliance, and analytics. Its proprietary AI-powered "SMART health plan services system" utilizes deep learning for predictive analytics, member engagement, and care management. Key products include the myMarpai app and portal, which provide members with digital ID cards, benefits tracking, claims access, and telehealth services, as well as the Marpai Vitality Plan, specifically designed for small employers. The company also operates MarpaiRx for PBM services and Marpai Connect, a value-based care network.

Recent notable developments for Marpai include significant growth with an estimated 192,000 new member lives across its TPA and MarpaiRx PBM platforms, with expectations of achieving positive cash flow and EBITDA starting in August 2026. The company also secured a major marketing agreement for MarpaiRx, potentially expanding its reach to 1.5 million employee lives. Led by CEO Damien Lamendola and Co-Founder & Chairman Yaron Eitan, Marpai positions itself as an innovator in healthcare technology, aiming to transform TPA services through AI to enhance outcomes and reduce costs in the self-funded market.

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CID: 5196