The insurance group backed a $2m extension to BeneStream's series A round, which has closed at almost $6.3m.
US-based employee assistance platform developer BeneStream closed its series A round at approximately $6.3m on Tuesday after securing $2m from backers including health insurance organisation Blue Cross and Blue Shield Association.
Blue Cross and Blue Shield Association, which invested through its BlueCross BlueShield Venture Partners arm, was joined by Sandbox Advantage Fund, a fund managed by venture capital firm Sandbox Industries.
BeneStream seeks to connect employers with government health benefits through its Medicaid Migration platform. It had raised about $3.3m…
