Healia, a health benefits technology company helping employers optimize healthcare costs for dual-income families, raised $18 million in funding, including a $14 million Series A led by 111° West Capital. Investors also include Y Combinator, First Round Capital, Pioneer Fund, GoAhead Ventures and North Coast Ventures. The company serves hundreds of employers across the U.S. and plans to expand operations and hiring.
Modernizing Health Benefits
Healia’s Total Care Option helps employers reduce healthcare expenses by allowing employees to enroll in a spouse’s health plan while covering premiums and out-of-pocket costs. The platform manages enrollment, employee education and claims reimbursement, delivering savings for employers while increasing healthcare coverage for families.
Supporting Employers and Families
Employers using Healia have already provided more than $33 million in additional healthcare coverage while reducing benefit costs. The latest funding will accelerate platform development, expand customer operations and grow teams across sales, engineering, operations and leadership.