employee benefits

By Dave Muoio 11:29 am February 24, 2020
Healthcare benefits assistance platform HealthJoy has brought in a $30 million Series C funding round, according to a TechCrunch interview being promoted by the startup. Health Velocity Capital led the round, which also included returning backers US Venture Partners, Chicago Ventures and Epic Ventures, among other individual investors. WHAT THEY DO Founded in 2014, HealthJoy expanded its business...
By Dave Muoio 02:15 pm February 6, 2020
A new survey polling thousands of international office workers suggests that two in five will opt to search their symptoms online and self-medicate rather than visit a doctor, and the same amount admit that doing so makes them more nervous about seeking care from a professional. On the flip side, a similar portion of respondents (43%) said they would investigate their condition online and then...
By Dave Muoio 03:36 pm February 5, 2020
Nearly half of US workers say they would have greater confidence in a new digital health solution if it was provided by their employer, and more than a quarter said that the provision of digital health tools would have a positive impact on their decision to stay with their employer, according to data featured in a recent Mercer Marsh Benefits, Mercer and Oliver Wyman report. To determine the...
By Dave Muoio 12:10 pm June 17, 2019
Collective Health, an employee benefits platform that uses predictive analytics to match employees with programs, has raised $205 million in a Series E funding round led by SoftBank. New backers PSP Investments, DFJ Growth and G Squared also participated alongside returning backers Founders Fund, GV, Maverick Ventures, Mubadala Ventures, NEA and Sun Life. WHAT THEY DO Since its launch in 2013,...
By Dave Muoio 03:04 pm March 11, 2019
Rally’s new benefits platform. This weekend at SXSW, Rally Health announced the launch of a new digital, consumer-focused wellness platform. The system helps users view, access and manage their employee benefits within a single interface, while offering employers a tool to drive health engagement. “Today we’re taking our Rally platform to a new level by making traditionally disparate elements of...
By Laura Lovett 12:08 pm July 24, 2018
Canadian digital employee health benefits company League has just landed a whopping $47.5 million ($62 million Canadian dollars) in a Series B funding round led by Telus Ventures with participation from Wittington Ventures, Omers, Infinite Potential Group, RBC Ventures, Real Ventures, and BDC Ventures.  League pitches itself as a platform that makes benefits easier to navigate and is “consumer...
By Jonah Comstock 04:42 pm November 9, 2017
Rightway Healthcare, which provides patient-facing care navigation tools to employee populations, has raised $2 million in seed funding. The round was made up by individual investors. The company works with both self-insured and fully-insured employers to help employees understand and utilize the health benefits available to them, through what CEO and Cofounder Jordan Feldman describes as an “...
By Jeff Lagasse 02:04 pm August 14, 2017
Chicago-based HealthJoy, an artificial intelligence-driven platform for employee benefits engagement and cost containment, has netted $3 million in a Series A round of financing.   Chicago Ventures led the round, with participation from Social Capital, Sidekick Fund and HealthJoy’s seed-round lead, Go-Health. Also included in the round were Angel investments from leaders in technology and health...
By Aditi Pai 01:34 pm March 21, 2016
Boston, Massachusetts-based employee benefits navigator company Maxwell Health raised $22 million from GIS Strategic Ventures, Sun Life Financial, and Cendana Capital as well as existing investors Adams Street Partners, Cambia Health Solutions, Catalyst Health Ventures, Industry Ventures, and more.  This brings the company's total funding to at least $56.4 million. The company raised its last...
By Jonah Comstock 09:43 am September 16, 2015
Lumity, a data-driven benefits management company, has raised $14 million. Social+Capital Partnership led the round, with additional contributions from True Ventures and Rock Health. This is the first round of funding for the company, which was founded in 2013. "With Social + Capital Partnership's funding we're excited to continue expanding our mission to help employers finally create health...