Simplee Receives $10,000,000 Series B Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2ca22291-cfd1-4087-a5da-9ea090afa5cf
Date
9/24/2013
Company Name
Simplee
Mailing Address
480 S. California Ave Palo Alto, CA 94306
Company Description
Our mission is to help you understand and manage health care expenses. Simplee aims to empower you with tools and insights to optimize your health care benefits and lower your health care costs.
Website
http://www.simplee.com
Transaction Type
Venture Equity
Transaction Amount
$10,000,000
Transaction Round
Series B
Proceeds Purposes
Simplee will use the new funding to grow the team, continue investments in innovation and ramp-up sales and marketing activity to meet the growing Simplee(R)PAY demand.
M&A Terms
Venture Investor
Heritage Group
Venture Investor
The Social+Capital Partnership
Venture Investor
Greylock IL