Nava Benefits Raises $40 Million To Bring The Big Company Benefits Playbook To Small And Medium-Sized Businesses
Amount Raised
$40 Million
Round Type
Funding Round
New YorkHealth CareInsurtechInsuranceDescription
Nava Benefits today announced the completion of a $40 million Series B funding round led by Thrive Capital, with participation from existing investors Avid Ventures, Quiet Capital, and Sound Ventures. New investors GV, K5 Ventures, and Homebrew also participated, alongside One Medical Founder, Tom Lee; the former CBRE Global Chief Financial Officer, Jim Groch; and Maven Clinic's VP of Sales, Isha Vij. The infusion of capital will be used to accelerate Nava's efforts to bring the benefits playbook of Fortune 500 companies downstream to SMBs, improving healthcare literacy support for the employee while driving down costs for the employer.
Quick answer
Nava Benefits raised $40 Million in a Funding Round round, dated June 8, 2022. Nava Benefits is based in New York, New York, United States.
- How much did Nava Benefits raise?
- Nava Benefits raised $40 Million in a Funding Round round on June 8, 2022.
- What does Nava Benefits do?
- Nava Benefits is a modern benefits brokerage on a mission to bring high-quality, affordable healthcare to all Americans, starting with the 49% who receive insurance through their employers.
- Where is Nava Benefits based and how big is it?
- Nava Benefits is based in New York, New York, United States. Fundz records about 173 employees.
- Who are the decision-makers at Nava Benefits?
- Fundz holds 1 contact at Nava Benefits. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurtech and Insurance around the same time
Companies in the same sectors as Nava Benefits that raised within 45 days of this round, from Fundz verified event records.
- Laka raised an undisclosed amount (Funding Round) on June 24, 2022.
- Amplify raised $10M on June 24, 2022.
- Embody raised $10M on July 23, 2022.
- Planned Parenthood of Northern New England raised $14 (Series A) on July 22, 2022.
- Flyte Aviation, Inc. raised $6.2M (Funding Round) on July 22, 2022.
- Flyte Aviation, Inc. raised $6.2M on July 22, 2022.
Who to call at Nava Benefits, and when
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- An alert the day Nava Benefits raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nava Benefits, from your own LinkedIn network
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Related People
Nava Benefits raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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