Digital health insurance platform LEAGUE nets $32 mln Series A

Toronto-based digital health insurance platform LEAGUE has secured about $32 million (US$25 million) in a Series A financing. OMERS Ventures, which led the company's seed financing in 2014, also led the Series A round. It was joined by Infinite Potential Technologies, Real Ventures and BDC IT Venture Fund, as well as strategic investors RBC, Manulife and Power Financial Corp. Founded in 2014 by CEO Michael Serbinis, who created e-reading company Kobo, LEAGUE aims to transform the healthcare experience in North America by emphasizing consumer care and lower costs. It said it would use the funds raised to expand its product offering and geographic reach.

CanadaNorth AmericaBriefs