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Burst

Burst

Private
United StatesFinTechhttps://getburst.com/

Last Round

Seed

Feb 25, 2026

Total Funding Raised

$3M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

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, Retail Technology, Telemedicine, Compliance

Business Model

B2B2C

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

FSA paymentHSA paymentLetter of Medical NecessityLMNhealth savings accountflexible spending accounttax-advantaged spendingFSA storeHSA storepayment infrastructurewellness reimbursementSKU-level compliancetelemedicinefintech infrastructuree-commerce payments

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Burst Comparables

Compare Burst with similar companies based on industry and business-model similarity.

Burst comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Medpaid
91%
TrueMed
88%
Binkey
82%

Burst Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 25, 2026
Pre SeedNov 1, 2024

Key People

Founding team and executive leadership

Shubhi Jain

Co-Founder and Chief Product Officer

Founding Team

Anthony Rangel

Co-Founder & CEO

Founding Team

Burst Investors

Notable investors and investment history

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.

Burst Filings

Explore SEC and related filing metadata, where available.

Burst filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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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 with no public stock price. No recent secondary market data is available.

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. Visit https://www.caplight.com to learn more.

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 for private companies. Visit https://www.caplight.com to monitor Burst's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersUnited States
Employee Range10
Year FoundedN/A
Last FundingFeb 25, 2026

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