MassMutual Ventures re-enters Limelight in $7m series B

Aug 4, 2017 • Robert Lavine

Employee benefits platform Limelight Health secured $7m in a MassMutual Ventures-led round that included Axa Strategic Ventures and Wanxiang Healthcare Investments.

MassMutual Ventures, the strategic investment vehicle for insurance firm Massachusetts Mutual Life Insurance, has led a $7m series B round for US-based employee benefits software provider Limelight Health.

Axa Strategic Ventures and Wanxiang Healthcare Investments, respective corporate venturing subsidiaries of insurance group Axa and auto parts producer Wanxiang, also took part in the round along with Portag3 Ventures and Plug and Play Ventures.

Founded in 2014, Limelight has created a real-time, automated platform called QuotePad that can handle quotes, underwriting…

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