The Ledger

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Insight
Loiacono: A $10M ARR startup is nothing in consolidated healthcare markets
“Healthcare is highly consolidated. CVS, Cigna, and United Healthcare. Three publicly traded companies, all of which are I'm gonna say Fortune eight, Fortune 10, Fortune 14, respectively, in that range. And so when you're battling with titans, yeah, ten million…”
AJ Loiacono Aug 24, 2026 ▶ 4:38 He spent $0 on marketing—raised $400M at $3.25B valuation | Judi Health
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