The health benefits software provider pushed its valuation to $1.5bn in a series F round led by Health Care Service Corporation and backed by Sun Life and SoftBank.
Insurance provider Health Care Service Corporation led a $280m series F round yesterday for Collective Health, the US-based operator of a healthcare benefits management product.
Insurance firm Sun Life and telecommunications and internet group SoftBank’s Vision Fund also participated in the round, which valued the company at $1.5bn according to Bloomberg.
The round was filled out by DFJ Growth, Founders Fund, G Squared, Maverick Ventures, New Enterprise Associates (NEA), PFM Health Sciences and undisclosed additional investors. It increased Collective Health’s…
