employer health benefits

The company stated Capital Rx will still operate as its pharmacy benefits manager brand under Judi Health.

The company offers ICHRA plans, allowing employers to offer tax-free allowances to employees, who can then choose personalized health, dental and vision benefits.

Pediatric chronic care company Clarity Pediatrics also secured $10 million in seed funding and Los Angeles-based Handl Health brought in $2.5M.

In addition to its move into the employer space, YourCoach also announced a new gamified pricing model for its health coaches.  

This week's top stories include the Biden administration aiming to get 70% of adults at least one vaccine dose by July 4, ransomware continuing to be a threat to healthcare, and Collective Health scaling its employer health benefits platform.

The raise reportedly brings the company's valuation into unicorn territory.

IVP led the round, which adds to the company's existing $100 million in equity investments.

Data from an Aetna International survey also suggest that employers and convenient digital tools could play a role in connecting these potential patients to care.

A majority of employers, meanwhile, said they are viewing workforce digital health offerings as a worthwhile investment, according to a new Mercer Marsh Benefits, Mercer and Oliver Wyman report.

The round was led by Founders Fund and John Doerr.