What is Lively?
Headquartered in San Francisco, California, Lively operates as a comprehensive Health Savings Account (HSA) platform designed for both employers and individuals. The company aims to simplify the management of HSAs, making healthcare savings more accessible and user-friendly. By offering a modern digital experience, Lively addresses the complexities often associated with traditional HSA administration, positioning itself as a key player in the evolving landscape of employer benefits and personal health finance.
How much funding has Lively raised?
Lively has raised a total of $122.2M across 4 funding rounds:
Angel/Seed
$4.2M
Series A
$11M
Series B
$27M
Series C
$80M
Angel/Seed (2017): $4.2M with participation from Transmedia Capital, Thirty Five Ventures, SV Angel, Teamworthy Ventures, Streamlined Ventures, Liquid 2 Ventures, Y Combinator, and PJC
Series A (2018): $11M led by Costanoa Ventures
Series B (2019): $27M supported by Teamworthy Ventures, Streamlined Ventures, Liquid 2 Ventures, Point Judith Capital, Costanoa Ventures, Ally Ventures, and Y Combinator
Series C (2021): $80M featuring Costanoa Ventures, B Capital Group, and T Ventures Management
Key Investors in Lively
Costanoa Ventures
Costanoa Ventures is a venture capital firm that partners with founders aiming to tackle significant challenges, providing long-term support through company development with a focus on enterprise software.
B Capital Group
B Capital is a venture capital firm investing in early and late-stage companies within Technology, Healthcare, and Climate sectors, with a global presence and over $8 billion in assets under management.
Teamworthy Ventures
Teamworthy Ventures is a venture capital firm dedicated to building long-term relationships with entrepreneurs, primarily focusing on software and software-enabled services companies across the United States.
What's next for Lively?
The recent major strategic investment signals a pivotal phase for Lively, likely enabling further scaling of its platform, expansion into new markets, and enhancement of its product offerings. This capital infusion is expected to fuel innovation in HSA management, potentially leading to new features that integrate seamlessly with employer benefits programs and individual financial planning tools. Lively's strategic positioning suggests a focus on deepening its partnerships with employers and financial institutions, solidifying its role in making healthcare savings more efficient and accessible.
See full Lively company page
