Burst
PrivateLast Round
Seed
Feb 25, 2026
Total Funding Raised
$3M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Burst operates in FinTech and is based in the United States. Its latest recorded funding round was a Seed round in February 2026.
Burst is a fintech company that provides a platform to help consumers and retailers manage FSA and HSA spending by automating the issuance of Letters of Medical Necessity (LMNs) for eligible health and wellness products.
Sector
FinTech
Verticals
Digital Payments, E-commerce, Compliance, Personal Finance
Business Model
B2B2C
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Burst Comparables
Compare Burst with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Wellness Pay | 92% | |
| Medpaid | 91% | |
| TrueMed | 88% |
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Burst Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Feb 25, 2026 | ||||
| Pre Seed | Nov 1, 2024 |
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Key People
Founding team and executive leadership
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Burst Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Palette Ventures | Seed |
| Rock Health Capital | Seed |
| Pear VC | Seed |
| Meridian Ventures | Seed |
| Alumni Ventures | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 27, 2026
Grew 56% QoQ, from 9 to 14 employees.
- Aug 1, 2026
Grew 63% QoQ from 8 to 13 employees.
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Burst Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Burst's valuation, stock price, and market status.
Is Burst a public or private company?
Burst is a private company.
What is the current stock price of Burst?
Burst is a private company, so its shares have no public market price. Caplight tracks Burst's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Burst worth (valuation)?
Valuation information for Burst is not publicly available.
Can I buy Burst stock?
Burst shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Burst's last funding round?
Burst's most recent funding round was Seed on February 25, 2026.
Who are the main investors in Burst?
Key investors in Burst include Pear VC.
Will Burst IPO soon?
No public IPO plans have been announced for Burst.
How can I track Burst secondary market activity?
Caplight tracks bids, offers, and trades in Burst's shares on secondary markets.