PSP, Sun Life invest in Collective Health's $205 mln round
San Francisco-based health technology provider Collective Health has raised US$205 million in its latest financing. The round was led by SoftBank Vision Fund, with participation from several investors, including Canadian pension fund Public Sector Pension Investment Board (PSP Investments) and Canadian insurer Sun Life Financial. Founded in 2013, Collective Health provides a software platform that helps U.S. employers manage their health insurance programs. The company will use the funds raised to accelerate adoption of its platform and increase technology capabilities.
17 June 2019•5 mins read
