Linkwell Health Raises $11 Million In Series C
Linkwell Health is a company that partners with health plan companies grocery chains, and drugstores to offer discounts and coupons for consumers. Linkwell has recently raised $11 million in Series C funding led by WellPoint. Linkwell’s existing investors Spark Capital and HLM Venture Partners also contributed to this round of funding. The company has raised a total of $20 million thus far.
Linkwell has partnerships with over 22 insurance providers and many big-name brands. Linkwell provides their partners with marketing opportunities by connecting them with millions of consumers through e-mail, mobile apps, direct mailings, etc. Linkwell plans on using the funding to expand their partnerships with other providers and consumer brands. They also plan to increase the reach of their platform and develop cross-platform diversification. Linkwell Health already has partnerships with Humana, Health Net, and WellPoint, but they still see a lot of room for growth.
Below is an intro video to Linkwell:
[Source: TechCrunch]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry