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KY Inno's Startups to Watch 2023: Arrow Health Inc.


Arrow Health
Arrow Health cofounders Waleed Bahouth and Erik Anderson.
Courtesy of Arrow Health

Arrow Health Inc.

Year founded: 2022

Headquarters: Louisville

Number of employees: 2

Founders: Waleed Bahouth, CEO; Erik Anderson, president

Amount of capital raised: $100,000

Description: Arrow Health has created the digital benefits wallet — a fixed budget insurance product that allows small businesses to provide their employees with health insurance at a fraction of the cost of a traditional group health insurance plan.

What is your company working on right now? Customer service for our batch of customers, enrolling individuals in health plans for 2023 and product development and design for 2024.

What’s on the horizon for your company in 2023? Transitioning from a partner technology solution to our own platform. Raising capital through an angel/friends-and-family round. Building out our team. Broadening distribution channels and channel partners to penetrate the market.

Why grow your company from Kentucky? This region, and Louisville in particular, has a deep bench of health care and insurtech talent. We have roots in this region and are passionate about growing our company here and giving back to the local community that has supported us.

Give us one bold prediction in 2023 for startups, technology or venture capital/fundraising. Louisville will successfully convert bourbon tourists to residents by exposing and connecting people that travel to Louisville for recreation to our thriving startup and entrepreneurial ecosystem.



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