San Francisco based health savings account (HSA) startup has raised an $11m Series A led by Costonoa Ventures.
The funding will allow Lively to accelerate its growth, expand its free consumer HSA offering, and further expand into the employer market. “Health Savings Accounts have been around for a long time, but Lively has built a contemporary, intuitive product around the consumer and their spending, saving, and investing needs. It's a superior product in a market that's ripe for innovation,” said Selcow. “The Lively product is invaluable to anyone with a High-Deductible Health Plan.” To meet the growing demand, Lively has also hired Kirk Hoewisch as Executive Vice President of Sales & Business Development. Kirk brings more than 15 years of HSA experience, including the founding of HSA Bank (acquired by Webster Bank).
https://www.businesswire.com/news/home/20181030005313/en/Lively-Raises-11M-Series-Funding