Benefits platform League raises $62 mln in Telus-led financing
League, a Toronto-based digital employee health benefits platform, has secured $62 million in its latest financing. Telus Ventures led. It was joined by Wittington Ventures, a new investor, as well as OMERS Ventures, Infinite Potential Group, RBC Ventures, Real Ventures and BDC IT Venture Fund, all of them existing backers. Founded in 2014 by CEO Michael Serbinis, League uses cloud infrastructure to connect businesses and employees with health insurance, flexible spending accounts, health content, curated health journeys and on-demand, live health support. The company, which last year expanded into the United States, will use the funds raised to open new offices, begin European operations, and enhance its technology.
24 July 2018•4 mins read
