Gravie in the News: How Gravie nudged into insurance, keeps finding capital

Gravie is in the news!

A lot has changed since Gravie launched in 2013. We’ve continually adjusted our approach to – in the words of Star Tribune’s Lee Schafer – “hold down health care cost increases and make a pull-your-hair-out hassle of managing your health insurance a little easier.” Read how we’ve done it, and how our latest round of funding is going to help us deliver a better health benefits experience to more employers and members than ever before.

“Minneapolis health insurance firm Gravie got its start in 2013 and it’s still progressing nicely, as it’s just about to announce that it’s closed on another round of venture capital to fuel its growth.

This new round, for $28 million, was led by AXA Venture Partners, a Paris-based affiliate of the giant AXA insurance and financial-services company. Previous Gravie investors, including Split Rock Partners here in the Twin Cities, invested in this latest round, too.

Professional investors can make mistakes, but it’s fair to conclude there’s a lot of opportunity for businesses like Gravie in the emerging field of digital health.”

Read the full article here.

Source: Lee Schafer, Star Tribune

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