Spectrum.Life, a London, UK and Dublin, Ireland-based company delivering clinically backed digital health, mental health and wellbeing solutions, raised €17M in funding.
The round was led by Act Venture Capital with participation from existing investors.
The company intends to use the funds to expand operations and its business reach.
Established in 2018 by Stuart McGoldrick and Stephen Costello, Spectrum.Life enables organisations and their people to deliver clinically backed digital health, mental health and wellbeing solutions. Its HealthTech system delivers digital transformation for insurers, educators and employers through co-creation or integrated tools that decrease digital fragmentation and engage, empower, and transform their people’s lives.
The company provides services internationally to over 7.2m insurance members, 3,000 corporate clients and 650,000 university students. Spectrum.Life currently employs over 260 people, including over 125 clinicians.
The company will exceed €25m revenue this year.
FinSMEs
27/05/2024