Spectrum.Life raises €17M in a private equity round led by Act Venture Capital to expand its digital health solutions

May 27, 2024•over 1 year ago

Amount Raised

€17 Million

True

Investors

Act Venture Capital

Description

Spectrum.Life has announced a €17 million private equity investment round. The company plans to facilitate the recruitment of over 100 new hires over the next 18 months and accelerate its growth trajectory.

Company Information

Company

Spectrum.Life

Location

True

About

Headquartered in Dublin, Spectrum.Life was founded in 2018 by Stuart McGoldrick along with Co-Founders Dr. Sarah O’Neill and Stephen Costello, the company provides clinically validated mental health, and wellbeing services and digital solutions to clients such as Employers, Insurance Providers, Universities and Primary Care. For more information: http://www.spectrum.life and Linkedin https://www.linkedin.com/company/spectrumlife/

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Spectrum.Life raises €17M in a private equity round led by Act Venture Capital to expand its digital health solutions

Investors

Description

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Funding Insights

Company Information