employer health benefits
The company offers ICHRA plans, allowing employers to offer tax-free allowances to employees, who can then choose personalized health, dental and vision benefits.
Pediatric chronic care company Clarity Pediatrics also secured $10 million in seed funding and Los Angeles-based Handl Health brought in $2.5M.
In addition to its move into the employer space, YourCoach also announced a new gamified pricing model for its health coaches.
The raise reportedly brings the company's valuation into unicorn territory.
IVP led the round, which adds to the company's existing $100 million in equity investments.
Data from an Aetna International survey also suggest that employers and convenient digital tools could play a role in connecting these potential patients to care.
A majority of employers, meanwhile, said they are viewing workforce digital health offerings as a worthwhile investment, according to a new Mercer Marsh Benefits, Mercer and Oliver Wyman report.
The round was led by Founders Fund and John Doerr.
A new digital health survey released by Castlight Health showed that while both employers and employees are enthusiastic about the future of digital health, there is a gap between what tech is being provided by employers and what the employees actually want.
As telemedicine continues to grow in adoption and support, two of the most high profile telemedicine CEOs -- Teladoc's Jason Gorevic and Doctor on Demand's Adam Jackson -- shared the stage at the Digital Healthcare Innovation Summit with Dr.