Maxwell Health has closed a $22m series C round backed by the Guardian Life Insurance Company of America, Sun Life Financial and Cambia Health Solutions.
US-based health benefits management software provider Maxwell Health closed a $22m series C round yesterday featuring corporate investors including non-profit health insurance company Cambia Health Solutions, Xconomy has reported.
The round was also supported by GIS Strategic Ventures, the investment vehicle of insurance provider Guardian Life Insurance Company of America, and insurance company Sun Life Financial.
Cendana Capital, Adams Street Partners, Catalyst Health Ventures, Industry Ventures, Lerer Hippeay Ventures, Schooner Capital, Tribeca Venture Partners and Vaizra Investments also contributed capital.
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