Leading SaaS technology provider for public sector healthcare GetInsured has appointed Ted Tobiason as Chief Financial Officer. Tobiason brings to the table 30 years of experience as a banker and an operator in the technology industry. The appointment reflects GetInsured’s desire to mature its financial operations and drive its continued growth. Previously, Tobiason served Lime, the largest player in the dockless scooter category operating in more than 30 countries and 120 cities. At Lime, he helped scale the business and led multiple financings raising $200 million in capital.
- Since 2004, Tobiason has served as managing director for Morgan Stanley, Deutsche Bank and Bank of America, focusing on IPOs as well as convertible debt and private placements. His clients included Uber, Airbnb, SoFi, Cruise Automation, Twitter, Veeva, Guidewire and Lucid Motors.
- Tobiason said, “I was drawn to this opportunity because not only is GetInsured the market leader in technology for state exchanges, it is driving the adoption of SaaS in the massive public healthcare IT sector. This is by far the largest remaining market to migrate to Saas.”
- Since the launch of the Affordable Care Act, GetInsured has become a leader in the state-based exchange market, with seven state clients. The company has grown 50 percent on a compounded basis over the past four years, and operates an industry-first SaaS platform for Affordable Care Act (ACA) Marketplaces.
- Chini Krishnan, CEO and co-founder of GetInsured, said, “GetInsured has increasing momentum right now in an environment where government healthcare IT clients are increasingly beginning to make the transition to SaaS-based platforms. With his extensive experience anchoring public offerings and other corporate transactions, Ted will undoubtedly help us power our next stage of growth.”