Harbor Health, a Texas-based primary and specialty care provider that also operates as a health insurer, has raised $130 million in new funding to accelerate its growth. The round was co-led by existing investors General Catalyst, 8VC, and Alta Partners, with additional support from DFO Management, the Dell family office, and other returning backers.
The funding will allow Harbor Health to broaden its reach in several key areas. On the insurance side, the company will continue offering quotes for large employer health plans in Central Texas and, starting in November 2025, will launch fully insured individual and family plans on the federal healthcare marketplace. This expansion aims to give both employers and individuals more affordable, coordinated care options that integrate directly with Harbor Health’s clinical services.
The company also plans to expand its physical presence, adding more clinics to its network and introducing new specialty service lines. These will include rheumatology, dermatology, cardiology, endocrinology, and mental health—areas where patient demand is rising and access can be limited. Harbor Health’s model connects each member to a dedicated care team and personalized care pathways, designed to improve outcomes while reducing the financial and logistical burdens often associated with navigating the healthcare system.
Since its founding, Harbor Health has grown rapidly, now serving more than 50,000 people in Central Texas. It has expanded from three clinic locations in 2022 to 11, including three Express Care sites with extended hours, as well as two mobile clinics and an infusion center. The company reports a net promoter score of 90, indicating patient satisfaction, and claims it can deliver health plans at 10% to 20% lower cost than traditional options while offering richer benefits.
By combining insurance coverage with a physician-led, condition-specific care model, Harbor Health positions itself as a “pay-vider”—a hybrid of payer and provider—focused on aligning incentives for better health outcomes.
How the funding will be used: The new funding will enable the company to scale this approach, making high-quality, coordinated care more accessible and affordable for Texans.
KEY QUOTES:
“In serving more than 50,000 Central Texans, we see their needs go beyond primary care. By integrating more specialty providers into our health teams, we’re surrounding each member with the expertise they need. Our insurance plans synergize with the care model so that everything is aligned to achieve the best health possible.”
Harbor Health Co-Founder Dr. Clay Johnston
“Offering coverage in combination with a condition-specific clinical model that optimizes quality and results is exactly what healthcare needs now for both employers and individuals.”
Alta Partners Managing Director Dr. Pete Hudson
“We are committed to a new advanced clinical model and payment structure that rewards providers to reduce population health risks and lower overall costs. People want personalized care and clear guidance on how to make lifestyle changes and informed decisions about treatment and costs. Employers need better options to keep rising healthcare benefit costs under control. We know we can deliver the plans at a 10% to 20% savings while making the plans richer for the members.”
Harbor Health Co-Founder Tony Miller
“Harbor Health is driving meaningful innovation in both care delivery and now in health insurance coverage, and we are excited to support the company’s continued momentum in Austin and beyond. Harbor Health is radically improving how care and coverage work together, with more than 50,000 people served in Central Texas, a net promoter score of 90, and measurable savings already delivered. Their model aligns with our Health Assurance thesis, and we are proud to back their mission to build a more accessible, affordable, and outcomes-driven healthcare future.”
Chris Bischoff, Managing Director at General Catalyst
