Collective Health announced a $280 million Series F round of venture capital for its integrated health insurance and benefits platform for self-funded employers. This brings its total raised to $719 million.
The Collective Health platform aims to help employees understand, navigate and pay for healthcare. This unified employer and member experience promises to make navigating care intuitive, not intimidating—guiding employees toward healthier lives and companies toward healthier bottom lines.
This latest round of funding enables us to further our vision of empowering American workers and their families to live healthier lives. By expanding the scope and reach of our platform and partner ecosystem, we can broadly deploy the infrastructure for the next generation of healthcare.Ali Diab, Collective Health’s CEO and Co-Founder
$2.7 billion was invested globally in work technology during Q1 2021 alone. Get the free WorkTech Q1 2021 report and analysis here.
Source: Collective Health Secures $280 Million to Accelerate the Digital Transformation of Healthcare | Business Wire