Virgin Pulse, a Framingham, MA-based habits focused well-being company part of Sir Richard Branson’s Virgin Group, raised $92m in funding.
The round was led by Insight Venture Partners with participation from existing investor Virgin Group. As part of the transaction, Nikitas Koutoupes, managing director, and Anika Agarwal, vice president at Insight Venture Partners, will join Virgin Pulse’s Board of Directors.
The company intends to use the funds to further accelerate its growth and customer success.
Led by Chris Boyce, CEO, Virgin Pulse provides employees with an online employee health and engagement platform to cultivate daily habits and sustainable behavior change for better health, increased productivity, and improved culture for employers.
The investment follows the recent launch of a workforce well-being platform that enables enterprise clients to increase employee engagement and productivity, build culture, and decrease healthcare costs.
FinSMEs
27/05/2015