League Raises $95 Million in Series C  

by Kay Aloha Villamor in February 14th, 2023

League, a Toronto, Canada-based healthcare platform technology, raised $95 million in Series C funding, bringing its total funding to $205 million to date.

The round was led by TDM Growth Partners, with participation from Workday Ventures and existing investors.

The new financing will support League in scaling its platform-as-a-service (PaaS) offering, Health OSTM, positioning it as the leading digital infrastructure for an integrated health ecosystem.

“Time and time again, point solutions inevitably give way to platforms that accelerate innovation and time-to-market while enabling interoperability and economies of scale,” said Michael Serbinis, founder and CEO of League. “In healthcare, League is that platform. With the support of leading platform investors, League’s PaaS offering is positioned as the de facto digital infrastructure to build comprehensive healthcare consumer experiences. Providers, payers, consumer health partners and employers use League’s platform to build unique and differentiated applications that transform healthcare from a patchwork of disparate point solutions to a cohesive experience that just works.”

With hundreds of customers that include organizations such as Humana, Shopify, and Shoppers Drug Mart, League’s Health OS™ empowers stakeholders in the continuum of care to build and deploy the next generation of healthcare applications with a secure, reliable, and interoperable foundation. 

The platform is built on the Fast Healthcare Interoperability Resources (FHIR) standard and leverages the Google Cloud Platform (GCP) Healthcare API to enable the “front door” to healthcare for millions of consumers.

It will harness data from electronic health records (EHRs), claims, health and wellness devices, and third-party partners to deliver deeply personalized digital health experiences and create a cohesive, omnichannel experience for the consumer.

Company: League, Inc.

Raised: $95.0M

Round: Series C

Funding Month: February 2023

Lead Investors: TDM Growth Partners

Additional Investors: Workday Ventures

Company Website: https://league.com/

Software Category: Healthcare Consumer Experiences

About the Company: Founded in 2014, League is a platform technology company powering next-generation healthcare consumer experiences. League provides a SaaS-based digital platform for employee health benefits. The platform gives employers tools to easily manage their benefits program and deliver healthcare services for employees. The web-based app gives the ability to create personal health spending accounts and tracks employee utilization. It also gives customized offerings for employees, delivered on-site by the best health professionals in the business. Payers, providers, consumer health partners, and employers build on League’s Health OS™ platform to deliver high-engagement, personalized healthcare experiences consumers love. Millions of people use solutions powered by League to access, navigate and pay for care.

Source: https://www.businesswire.com/news/home/20220131005853/en/League-Raises-95-Million-USD-in-Series-C-to-Build-World%E2%80%99s-Leading-Health-OS%E2%84%A2-Platform

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