What is Jiff?
Jiff operates an enterprise benefits platform designed to help companies significantly lower healthcare expenditures and foster a healthier workforce. The platform integrates existing employer-provided vendors and offers a selection of over 40 pre-integrated services. By delivering personalized incentives, real-time data analytics, and a user-friendly experience, Jiff targets individual employee cost drivers and enhances the utilization of cost-saving services. Based in Mountain View, California, Jiff is steered by seasoned leaders in healthcare and technology, serving some of the world's largest employers with its smart benefits and brilliant design.
How much funding has Jiff raised?
Jiff has raised a total of $42.8M across 3 funding rounds:
Series A
$7.5M
Series B
$18.3M
Series C
$17M
Series A (2012): $7.5M with participation from Aeris Capital AG and Aberdare Ventures
Series B (2014): $18.3M led by Venrock, Aberdare Ventures, and Aeris Capital AG
Series C (2016): $17M supported by Rosemark Smart Capital, Aberdare Ventures, Venrock Associates, Aeris Capital, and GE Ventures
Key Investors in Jiff
Rosemark Smart Capital
Rosemark Smart Capital is an operating company focused on enhancing Consumer Lifetime Value, likely investing in and accelerating the growth of service and technology companies within its portfolio.
Aberdare Ventures
Aberdare Ventures is a venture capital firm specializing in transformational companies that enhance healthcare efficiency and reduce costs, focusing on innovative solutions for the healthcare sector.
Venrock Associates
Venrock Associates is a historic venture capital firm known for partnering with founders to build innovative, high-growth companies, particularly in the technology and healthcare sectors.
What's next for Jiff?
With the recent major strategic investment and a history of significant enterprise-level funding, Jiff is well-positioned for accelerated expansion and market leadership. The company is likely to focus on scaling its platform, enhancing its integration capabilities with a broader range of healthcare vendors, and deepening its data analytics offerings to provide even greater insights into cost-saving opportunities for its enterprise clients. This strategic backing will fuel further development of its core technology and support its mission to revolutionize corporate wellness and healthcare cost management.
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