Employer Direct Healthcare, a network company for employers who self-fund healthcare coverage, announced it garnered $92 million in secondary investment from Insight Partners, bringing its valuation to $1 billion.
Existing investors Redmile Group, Dundon Capital and Serent Capital will continue to receive ownership interest in the business.
The company also announced the hiring of numerous...
Virgin Pulse, a mobile-first employee wellness and engagement company, announced its intent to merge with HealthComp, a benefits and analytics platform, to create a technology and data-enabled healthcare service for employers.
The reported $3 billion deal, first reported in the Wall Street Journal, will form a combined entity that utilizes technology and an AI-enabled data platform to deliver...
Healthcare navigation and pharmacy benefits platform Rightway and hybrid fertility and reproductive care company Kindbody are partnering to offer employers family-building and reproductive healthcare benefits.
New York-based Kindbody offers virtual and in-person services, including contraception care, fertility testing, gynecological care, egg freezing, and virtual wellness and coaching services...
Health benefits company Angle Health announced it had scored $58 million in Series A funding.
Portage led the round, with participation from SixThirty Ventures, Crew Capital, PruVen Capital, Mighty Capital, Aloft VC, Wing Venture Capital, Mindset Ventures, Wormhole Capital and Waseem Daher, founder of Pilot, the accounting services company for technology startups.
Existing investors Correlation...
Health benefits company Pebble announced its public launch, alongside a $12 million second seed funding round. The company's total raise is now $17.3 million.
Pebble offers curated health plans to small businesses, while it partners with large health carriers. It also works with third-party companies to give employees additional coverage their companies do not provide, such as mental health or...
Firefly Health is launching its virtual-first health plan marketed towards small to mid-sized employers.
The offering, coming about five months after the startup announced a $40 million Series B round, is touted as a “care and coverage” plan, offering virtual primary and behavioral healthcare, as well as access to in-person care via its partners.
The plan is currently available to employers in...
Centivo, a self-funded health plan supported by a digital platform, has brought in $34 million in a Series A funding round led by Bain Capital Ventures, the company announced today. Other backers include F-Prime Capital Partners, Maverick Ventures, Bessemer Venture Partners, Ingleside Investors, Rand Capital, Grand Central Tech Ventures, Oxeon Investments, and individual investors including Jim...
In the past 10 years, healthcare reforms and new technology have managed to slow the growth of healthcare spending in the United States, but not to halt it or reverse the trend, according to a new report from PricewaterhouseCoopers' Health Research Institute (HRI). And much of that comes from cost-sharing measures that put more responsibility on employees to pay their own way. HRI's 2016 Behind...
