Health IQ heads to $55m series D

May 13, 2019 • Jack Hammond

Hanwha Asset Management contributed to a round that boosted the online life insurance provider's overall funding to about $140m.

US-based online insurance platform operator Health IQ has secured $55m in a series D round that featured Hanwha Asset Management, a subsidiary of diversified conglomerate Hanwha.

Venture capital investment platform Greenspring Associates led the round, investing alongside VC firm Andreesen Horowitz and Aquiline Technology Growth, a partner of private equity firm Aquiline Capital, as well as undisclosed existing backers.

Founded in 2014, Health IQ runs an online platform that enables users to receive discounts on their life insurance policies based…

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