Evive, a Chicago, IL-based enterprise benefits engagement platform provider, raised $43m in equity funding.
The minority-interest investment was made by Susquehanna Growth Equity, LLC (SGE).
The company intends to use the funds to expand across the entire benefits spectrum, including health financial and work/life benefits for large employers, accelerate product innovations, broaden the team with subject-matter experts, and advance channel investments.
Co-founded by Peter Saravis and Prashant Srivastava, who will continue in their current roles as Executive Chairman and CEO, Evive integrates data sets that represent the whole person and activates principles of predictive analytics and behavioral economics to provide SaaS-based services offering engagement across a range of configurations, from health to wealth to work/life.
FinSMEs
12/01/2018