Tech Company Financing Transactions
Bind Benefits Funding Round
On 10/22/2020, Bind Benefits landed $105 million in Series B investment from Ascension Ventures.
Transaction Overview
Company Name
Announced On
10/22/2020
Transaction Type
Venture Equity
Amount
$105,000,000
Round
Series B
Investors
Ascension Ventures (Ryan Schuler)
Proceeds Purpose
The proceeds from this round will be used to rapidly accelerate the company's growth and expansion associated with its recent announcement that its personalized health plan will be offered on a fully-insured basis to employers with more than 50 employees, launching immediately in the state of Florida.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
3033 Excelsior Blvd.
Minneapolis, MN 55416
USA
Minneapolis, MN 55416
USA
Phone
Website
Email Address
Overview
The Bind team is made up of a diverse group of people with a wide range of experience--and one very big thing in common: We're fed up with the way the health insurance system has always worked, and we're determined to do our part to change it.
Management Team
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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