League, a Toronto, Canada-based digital health insurance platform, raised $25M in Series A financing.
The round was led by Omers Ventures, with participation from Infinite Potential Technologies; Real Ventures; and BDC IT Venture Fund as well as strategic investors RBC, owner of Citi National; John Hancock’s parent company, Manulife Financial; and Power Financial Corporation.
The company intends to use the funds to expand its product offering and geographic reach to top markets in the U.S.
Led by Michael Serbinis, founder and CEO, League provides employers with a mobile-first platform to connect their employees to a comprehensive network of health services and benefits including Health spending accounts, wellness accounts, and group insurance plans.
This round of funding follows the company’s launches in Seattle, Toronto, and Vancouver in 2015.