Headquartered in San Francisco, California, Lively Inc. recently announced the $27 million Series B. It is led by Costanoa Ventures and also involves participation of Ally Ventures along with the strategic investment arm of Ally Financial, Liquid 2 Ventures, PJC, Teamworthy Ventures, Streamlined Ventures, and Y Combinator.
As a result, the total funding of the company is estimated to be more than $40 million which will also help in changing the way Americans save for healthcare.
Reports suggest the new funding will be used to foster Lively’s Health Savings Account (HSA) experience. Furthermore it will also combine health and financial tools needed by consumers in order to make better and informed healthcare decisions. Sources suggest, a further expansion of consumer tool offerings will help in modernizing and personalizing in healthcare spending and saving.
Sources allege, Lively has saved consumers more than $1 million in HSA fees and since its launch also encouraged demand from individuals, families and companies across the country. Experts determine there has never been a greater need for modern HSA.
Lively is one of the modern HSA platform. In addition, Lively’s user-centric solution helps in providing an intuitive user experience which allows consumers to get the maximum advantage from HSA.
With the help of financial stability, Lively is helping individuals to afford healthcare expenses at every stage of life.