New York-based Healthee, a healthcare advantages navigation platform, introduced an oversubscribed $50 million Collection B investment lift led through Key1 Capital.
Current buyers Group11, Fin Capital and Glilot Capital Companions additionally participated within the spherical.
The corporate mentioned in a observation that it didn’t officially release the lift however moderately used to be approached through the spherical’s lead investor after monitoring the corporate’s growth.
WHAT IT DOES
Healthee provides a platform that solutions workers’ questions relating to advantages, protection and remedy. It additionally supplies open enrollment reinforce and preventative care suggestions.
The corporate will use the finances to enlarge its choices and scale its operations.
“The truth that this spherical got here in combination with out us actively looking for it speaks volumes,” Man Benjamin, CEO and cofounder of Healthee, mentioned in a observation.
“Our buyers see what we see: an enormous alternative to modify how workers enjoy healthcare and the way employers ship it. This investment provides us the sources to boost up that venture and proceed turning in a greater, smarter solution to navigate advantages.”
MARKET SNAPSHOT
Remaining yr, Healthee scored $32 million in a Collection A investment spherical.
The corporate introduced in 2021 as Insurights, at which era it raised $22 million in seed investment. It used to be rebranded to Healthee in 2022.
In 2023, Healthee introduced a collaboration with human sources corporate TriNet to offer its consumers with get entry to to Healthee’s advantages navigation choices, together with those who assist workers make a selection the suitable healthcare advantages and navigate current advantages.
Different firms providing healthcare advantages navigation come with Solace, which secured $60 million in Collection B investment this month, not up to 12 months after scoring $14 million in Collection A investment.
Sharecare additionally provides a digital healthcare navigation platform for people, employers, executive organizations, communities, well being plans and suppliers.
The as soon as publicly traded corporate used to be got through funding company Altaris in 2024 in a $518 million deal that noticed Sharecare move non-public.
Different firms within the area come with Glen Tullman’s corporate Transcarent, Rightway and Pebble.