Gravie raises $463M in growth equity to expand health benefits
What's the deal? Gravie, a US health benefits company, has raised $463 million in a growth equity round led by General Atlantic. The deal brings Gravie's cumulative capital to $463 million and adds Eric Murphy, formerly of OptumDealroom has a profile for this one. Try Dealroom →, to its board.
Why now? Gravie will use the capital for expansion, product development and go-to-market activities as it works to change how employers and employees access and pay for healthcare.
The signal: The $463 million raise makes Gravie the largest deal in a week in which fintech companies recorded $2.039 billion across 27 transactions, with funding concentrated in health benefits and asset management.
Read more: ShapeFin
Image credit: NEC Corporation of America
Source: dealroom
