Y Combinator insurance tech alum Angle Health hits $2.7B valuation

Published 18 Sep 2026, 20:28 UTC. Updated 20 Sep 2026, 18:00 UTC.

Angle Health has grown to 5,000 customers and become profitable by helping small businesses get "level-funded" health insurance.

Directly affected

ANPCF Angle
Named in this report.

Indirectly affected

XLV Health Care Select Sector SPDR
A fund of health-care companies
XBI SPDR S&P Biotech
A fund of biotechnology companies
UNH UnitedHealth
A large health insurer
JNJ Johnson & Johnson
A large health-care company
LLY Eli Lilly
A large drug maker
PFE Pfizer
A large drug maker
IAK ISHARES U.S. INSURANCE ETF
GA selected IAK as a RELATED security because its canonical security name directly matches this event's themes: insurance. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
IBLC ISHARES BLOCKCHAIN AND TECH ETF
GA selected IBLC as a RELATED security because its canonical security name directly matches this event's themes: tech. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
IDRV ISHARES SELF-DRIVING EV & TECH ETF
GA selected IDRV as a RELATED security because its canonical security name directly matches this event's themes: tech. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
IHAK ISHARES CYBERSECURITY & TECH ETF
GA selected IHAK as a RELATED security because its canonical security name directly matches this event's themes: tech. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
ANPCF	—	—	—	—	—	—	—
XLV	—	—	—	—	—	—	—
XBI	—	—	—	—	—	—	—
UNH	—	—	—	—	—	—	—
JNJ	—	—	—	—	—	—	—
LLY	—	—	—	—	—	—	—
PFE	—	—	—	—	—	—	—
IAK	—	—	—	—	—	—	—
IBLC	—	—	—	—	—	—	—
IDRV	—	—	—	—	—	—	—
IHAK	—	—	—	—	—	—	—

Angle Health has grown to 5,000 customers and become profitable, by helping small businesses get "level-funded" health insurance.

Source: TechCrunch

The price since 18 Sep 2026: Ishares U.S. Insurance Etf (IAK) versus the S&P 500

Since the first closing price after “Y Combinator insurance tech alum Angle Health hits $2.7B valuation,” Ishares U.S. Insurance Etf (IAK) is +2.48%. The S&P 500 fund (SPY) is -0.89% over the same days, a +3.38% difference versus the market.

IAK

SPY

Who gains and who loses around Ishares U.S. Insurance Etf (IAK)

Companies mentioned with this story

IAK Ishares U.S. Insurance Etf
In “Y Combinator insurance tech alum Angle Health hits $2.7B valuation,” Ishares U.S. Insurance Etf (IAK) is linked, with no stored direction, medium confidence. Reason on file: GA selected IAK as a RELATED security because its canonical security name directly matches this event's themes: insurance. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
IBLC Ishares Blockchain And Tech Etf
For “Y Combinator insurance tech alum Angle Health hits $2.7B valuation,” Ishares Blockchain And Tech Etf (IBLC) is linked, with no stored direction, medium confidence. Reason on file: GA selected IBLC as a RELATED security because its canonical security name directly matches this event's themes: tech. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
IDRV Ishares Self-Driving Ev & Tech Etf
Ishares Self-Driving Ev & Tech Etf (IDRV) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Y Combinator insurance tech alum Angle Health hits $2.7B valuation.” Reason on file: GA selected IDRV as a RELATED security because its canonical security name directly matches this event's themes: tech. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
IHAK Ishares Cybersecurity & Tech Etf
Ishares Cybersecurity & Tech Etf (IHAK) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Y Combinator insurance tech alum Angle Health hits $2.7B valuation.” Reason on file: GA selected IHAK as a RELATED security because its canonical security name directly matches this event's themes: tech. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
JTEK JPMorgan U.S. Tech Leaders ETF
JPMorgan U.S. Tech Leaders ETF (JTEK) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Y Combinator insurance tech alum Angle Health hits $2.7B valuation.” Reason on file: GA selected JTEK as a RELATED security because its canonical security name directly matches this event's themes: tech. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
HIT Health In Tech
For “Y Combinator insurance tech alum Angle Health hits $2.7B valuation,” Health In Tech (HIT) is linked, with no stored direction, medium confidence. Reason on file: GA selected HIT as a RELATED security because its canonical security name directly matches this event's themes: health, tech. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Ishares U.S. Insurance Etf (IAK)

On 18 Sep 2026, “Y Combinator insurance tech alum Angle Health hits $2.7B valuation” is the story that connects Ishares U.S. Insurance Etf (IAK) to this story.

For Ishares U.S. Insurance Etf (IAK), the reason on file says GA selected IAK as a RELATED security because its canonical security name directly matches this event's themes: insurance. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Ishares Blockchain And Tech Etf (IBLC): GA selected IBLC as a RELATED security because its canonical security name directly matches this event's themes: tech. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Ishares U.S. Insurance Etf (IAK)

IAK traded between 135.71 and 145.73 across 20 sessions. The latest close on file is 144.85. IBLC traded between 40.05 and 50.55 across 13 sessions. The latest close on file is 40.41. IDRV traded between 31.34 and 35.05 across 20 sessions. The latest close on file is 31.90.

A simple score for Ishares U.S. Insurance Etf (IAK)

46 out of 100

“Y Combinator insurance tech alum Angle Health hits $2.7B valuation” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.