HealthJoy, a Chicago, IL-based healthcare platform for employees, raised $12.5m in Series B financing.
The round was led by U.S. Venture Partners, with participation from Epic Ventures and existing investors Chicago Ventures, Sidekick Ventures, and the co-founders. In conjunction with the funding, Jonathan Root, M.D., a General Partner at U.S. Venture Partners, will be joining the HealthJoy Board of Directors.
The company will use the funds to expand operations. It is currently hiring for numerous openings across all disciplines.
Led by co-founder and CEO Justin Holland, HealthJoy provides a healthcare guidance and engagement platform that gives employees access to an online doctor, healthcare advocacy, prescription savings, and other cost containment strategies into a mobile app. Delivered through a mobile app, the platform centers around a personalized, conversational AI model that incorporates a wide variety of healthcare data, including claims, medical deductibles, HSA balances, prescriptions.
The solution integrates with a client’s existing benefits package.