Ally Financial venture capital unit has contributed to health savings account provider Lively’s latest round to take its total funding to approximately $42m.

Lively, a US-based provider of health savings accounts (HSAs), has attracted $27m in a series B round featuring Ally Ventures, the venture capital arm of financial services holding firm Ally Financial.

VC firm Costanoa Ventures led the round with participation from seed fund Liquid 2 Ventures, accelerator operator Y Combinator and VC firms PJC, Teamworthy Ventures and Streamlined Ventures.

Founded in 2016, Lively provides HSAs that are accessed through its software platform, enabling US taxpayers to save toward eligible health…