Healthee, a healthcare benefits navigation platform based in New York, has successfully raised $50 million in an oversubscribed Series B funding round led by Key1 Capital.
Funding Details
- Existing investors Group11, Fin Capital, and Glilot Capital Partners also participated in this funding round.
- The company did not actively seek this funding; instead, it was approached by the lead investor after observing Healthee’s progress.
About Healthee
Healthee provides a platform that assists employees with inquiries related to:
- Benefits
- Coverage
- Treatment options
Additionally, it offers support for open enrollment and recommendations for preventative care. The newly acquired funds will be utilized to:
- Expand its service offerings
- Scale operations
CEO’s Statement
Guy Benjamin, CEO and co-founder of Healthee, remarked, “The fact that this round came together without us actively seeking it speaks volumes.” He emphasized the significant opportunity to enhance the healthcare experience for employees and improve delivery for employers.
Market Overview
In the previous year, Healthee raised $32 million in a Series A funding round. The company was initially launched in 2021 as Insurights and rebranded to Healthee in 2022. In 2023, Healthee partnered with TriNet, a human resources firm, to provide clients with access to its benefits navigation services.
Competitive Landscape
Other notable companies in the healthcare benefits navigation space include:
- Solace – Recently raised $60 million in Series B funding.
- Sharecare – Offers a virtual healthcare navigation platform and was acquired by Altaris in a $518 million deal in 2024.
- Transcarent, Rightway, and Pebble are also key players in this sector.