Tango Health, Inc., an Austin, TX-based provider of web-based services to support consumer-directed health care, raised over $3m in Series A equity capital
The round was led by S3 Ventures, with participation from angel investors Mike Turner, John Hime, and Kevin Cunningham.
The funds will be used to accelerate the nationwide rollout of its innovative web-based Health Savings Account (HSA) management service, which is designed to make it easy for employers and employees to set up, manage and fund HSA accounts. Tango Health partners with financial institutions, benefits brokers, consultants and carriers to enhance their offerings for both employers and employees.
The company was co-founded in 2008 by Duncan Van Dusen, CEO, and Todd Praisner, President.