Richard Fleder

CEO ELMCRx Solutions, LLC

📍 United States🔄 Updated September 2026💼 2 investments📅 3 years investing🗓 Last invested Aug 2025
VC🌍 United States
2
Total investments
0
Early stage
1
Mid stage
0
Late stage
3y
Years active

Portfolio

1 investments · sorted by recency
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Investor - Advisor
Jul 2023
Aegle solutions streamline healthcare financing for self-insured employers and risk-bearing entities by enhancing traditional stop-loss insurance with cost-effective alternative financial tools. These innovative solutions deliver affordable and capital-efficient outcomes, transforming the management of health risk financing. Aegle solutions are offered through Benefit Brokers and Consultants, TPAs, MGUs, and Reinsurers and include variations of the following core offerings: Aegle Accel A innovative approach to speeding up the stop loss reimbursement process, easing the financial pressures of delayed reimbursement payments. Risk Financing Offers organizations flexible financial solutions to effectively manage claim volatility, converting unpredictable healthcare costs into manageable, scheduled payments.
Experience · 4 entries
All (4)
Investments (2)
2025
Investor - Advisor
Aug 2025
zakipoint Health brings truth and transparency to an employers healthcare spend. Every business should expect transparency and effectiveness from their healthcare spend. For many companies, healthcare is the second major cost after salaries, and yet there is no enterprise tool for mid-market self-insured employers to manage this spend. zakipoint Health has one goal: to enable every company, regardless of size, to understand and lower their health care costs — easily and affordably. This is a market worth $2.5 - $ 3 bn, yet is poorly served, and not served at all for businesses with less than 3,000 employees. Our practical approach is reflected in our core slogan: "see Clearly; take Action; save Money"​. We deliver actionable cost containment recommendations and a relevant marketplace for risk owning entities — self-insured employers; health plans; and ACOs — to understand and save on healthcare spend. Our solution z5, is a SaaS-based tool that integrates all healthcare data, enabling a customer to analyze claims; population risks (current and future) and programs, plus provider and benefit plan performance in one place, and then take action through our targeted marketplace. Our customers love what we do for them; "Our business has been buffeted by the ever increasing medical costs for years, just like most other companies in America... ...More recently we started working with zakipoint Health to improve our management of healthcare costs. Their ability to mine, drill down into our medical insurance data and provide us with actionable insights that to date has not been available from anyone else looks to be another key strategy in helping us to mitigate the ever rising costs of providing health coverage to our employees. We look forward to turning their identified 7% savings into real savings"​ Carl Rubin, CFO Web Industries (manufacturer with $200 million in revenues)
Executive Advisory Committee Member
Jun 2025
New Mountain Capital (“New Mountain”) is an alternative investment manager with private equity, credit and net lease strategies. New Mountain’s aggregate assets under management total ~$50 billion across all investment strategies.* Since inception, New Mountain has raised over $27 billion of committed capital across six private equity funds. New Mountain was founded in 1999 by Steven B. Klinsky and today has ~245 employees, ~145 of which are investment professionals. New Mountain’s efforts emphasize intensive fundamental research and a focus on growth and investor “value added,” rather than reliance on excessive risk, as the best path to high and consistent long-term returns. New Mountain has proactively developed particular research and operational expertise in carefully selected “defensive growth” niches of healthcare, health tech, life science supplies/biomanufacturing, “must have” information and data, digital marketing & transformation, infrastructure services/field services, specialized software, defensive growth consumer/products, financial services / technologies and technology-enabled business services. New Mountain Capital works systematically to establish expertise in additional sectors over time. * Includes asset valuations and remaining commitments (if applicable) as of December 31, 2023 and undrawn capital as of December 31, 2023. Pro forma for capital committed as of April 1, 2024)
2023
Investor - Advisor
Jul 2023
Aegle solutions streamline healthcare financing for self-insured employers and risk-bearing entities by enhancing traditional stop-loss insurance with cost-effective alternative financial tools. These innovative solutions deliver affordable and capital-efficient outcomes, transforming the management of health risk financing. Aegle solutions are offered through Benefit Brokers and Consultants, TPAs, MGUs, and Reinsurers and include variations of the following core offerings: Aegle Accel A innovative approach to speeding up the stop loss reimbursement process, easing the financial pressures of delayed reimbursement payments. Risk Financing Offers organizations flexible financial solutions to effectively manage claim volatility, converting unpredictable healthcare costs into manageable, scheduled payments.
2010
Managing Director
Jan 2010
Alliant Insurance Services is among the top 5 largest and fastest-growing insurance brokerage and consulting firms in the United States. Fueled by entrepreneurialism and driven by results, Alliant operates on the belief that more is possible and expectations are meant to be exceeded. Our clients and partners have profound confidence in us to deliver in all market climates through the design and delivery of innovative solutions and services across a broad range of industry verticals. Our people stand as the backbone of our organization. We proudly employ a team of diverse, driven, and exceptional people and invest heavily in their success, giving our brokerage and consulting teams the freedom and resources they need to help their clients grow their businesses to remarkable heights. The result is a dynamic team of professionals who consistently perform at the highest level, while caring and giving back to causes that impact their communities and the world at large. Alliant is built on teamwork and collaboration, a philosophy that has guided our growth and evolution for 100 years. We rise together to meet challenges, think together to drive innovation, and thrive together in our business and in the diverse communities where we operate.