Collective Health, a health benefits management platform, has laid off 54 employees as it arranges its workforce to better align with customer needs.
The company's CEO, Ali Diab, announced the layoffs on LinkedIn, saying the employees were being let go due to a "workforce reduction," while urging companies that may encounter those employees during the hiring process to provide them with "strong...
Health-benefits navigation platform Accolade announced on Friday the filing of its S-1 with the US Securities and Exchange Commission, making it the next digital-health company in line to join the public markets.
Accolade has set a $100 million maximum aggregate offering price to calculate its registration fee, but has not yet locked down the price and volume of its share offering.
The Seattle-...
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,...
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...
Singapore-based health technology startup CXA Group, which offers an employee benefits and wellness marketplace platform, has raised $25 million in Series B funding in a round led by B Capital Group and EDBI. Additional funding came from Philips and RGAx, a subsidiary of Reinsurance Group of America.
CXA was founded in 2013, and the company says its benefits and wellness marketplace platform is...
San Francisco-based Castlight Health, which offers a personalized health shopping platform aimed at equipping employees with transparency on both pricing and quality, added some big names to its subscription service and saw increase in both revenue and cash in the second quarter of 2016.
Additionally, the company is focusing its sales model by leveraging the data sets provided by its health...
