The Ally Ventures-backed HAS platform operator’s latest round included Telstra Ventures and took its total funding to in excess of $120m.

US-headquartered health savings account (HSA) provider Lively has secured $80m in series C funding from investors including Telstra Ventures, a corporate venturing unit for telecommunications firm Telstra.

The round was led by B Capital Group, the venture capital firm backed by consulting firm Boston Consulting Group, and included fellow VC firm Costanoa Ventures. The company has secured $120m in total since it was founded in 2016.

Lively has built an online HSA platform that helps US-based customers acquire tax-deductible health…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.