League

insurtechothershealthtech

FOUNDING YEAR: 2014
LOCATION: Canada
Last Update: 01/05/2020

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About

League Inc., is a health benefits startup that enables enterprises to offer competitive health benefits packages to their work force. It partners with various insurance underwriters to develop tailor-made plans for employers, thereby allowing them to allot coverages to their employees like medical and dental plans.

Focus

PRODUCTS & SERVICES

It offers an online platform that handles all the reimbursement are filed by employees, and further enables them to buy goods and services from selected vendors through their benefits account. The employees can be reimbursed for various services like osteopathy, gym membership, yoga classes, art therapy, food delivery etc.

MAIN CLIENTS

Retail Customers

EXISTING PARTNERSHIPS

RBCI

AETNA

Humana

Cigna

United Healthcare

MetLife

COMMENT

The company will continue to invest in its member experience, driving continued convenience, personalization, navigation and better health outcomes for members and it will build out its benefits cloud, enabling greater choice of benefits providers and micro-benefits, while driving automation and cost savings for employers. It's focus is to building a consumer-centric benefits platform is resonating with companies across the country that want to see their employee health plans make a positive change for their teams. (July 2018)

Traction

TRACTION COMMENT:

The company launched in the U.S. market in 2017 and is now licensed to operate in all 50 states. The company is also planning to begin operations in the UK and EU by 2019. (July 2018)

People

FOUNDERS

Michael Serbinis

BOARD MEMBERS AND ADVISORS

Mike Lazaridis

Sid Paquette

Janet Bannister

Prashant Matta

Jean-Sebastian Cournoyer

Jonathan Ehrlich

NUMBER OF EMPLOYEES

51-200

INVESTORS:

BDC Ventures

Infinite Potential Group

OMERS

RBC Ventures

Real Ventures

TELUS Ventures

Wittington Ventures

KEY EMPLOYEES:

Michael Serbinis (CEO)

Daniel Leibu (COO)

Dan Galperin (CTO)

Momentum

FUNDED

YES

TOTAL FUNDING

$76.09 M

DATE OF LAST FUNDING

Jul 2018

TOTAL FUNDING COMMENT

The company is planning to use funds to bring a consumer-centric benefits alternative for forward-thinking businesses. (July 2018)

SEED & PRIOR FUNDING

$4 M

SEED CLOSED ON

Nov 2014

FUNDING SERIES

SERIES A  · $25 M  · Jun 2016

SERIES B  · $47.09 M  · Jul 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2014

LOCATION:

Canada

Views:

72 VISITORS | 106 VIEWS
LATEST FUNDING ROUND

$76.1 M

TOTAL EMPLOYEES
51-200

About

League Inc., is a health benefits startup that enables enterprises to offer competitive health benefits packages to their work force. It partners with various insurance underwriters to develop tailor-made plans for employers, thereby allowing them to allot coverages to their employees like medical and dental plans.

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