Maxwell Health
Latest round
- Series C
Last raised
- Mar 2016
Total raised
- $56M
Investors
- 14
About Maxwell Health
Founded in 2012 in Boston, US, Maxwell Health provides solutions for health benefits administration. The company was acquired by Sun Life Financial in June 2018.Maxwell Health v5 offers a comprehensive suite of health and benefits administration services designed to streamline the management of employee healthcare and wellness programs. The platform focuses on simplifying the enrollment process, facilitating benefits selection, and enhancing communication between employers and employees regarding health benefits. Their core offerings include an intuitive benefits management interface that enables employers to customize health plans and wellness programs tailored to their workforce's needs. By serving small to mid-sized businesses across various industries, Maxwell Health addresses specific pain points such as confusing benefits navigation and inefficiencies in benefits administration.Maxwell Health generates revenue through a subscription-based model, where businesses pay for access to their benefits administration platform. Clients typically engage in annual contracts that may include various tiered pricing plans based on the size of the organization and the range of services utilized. The transactions usually involve a straightforward process where businesses subscribe to the platform, facilitating streamlined onboarding and ongoing support for benefits management. Additionally, partnerships with insurance providers may enhance the value proposition for clients, allowing for integrated solutions that simplify healthcare management.The most recent deal occurred on June 4, 2018, when Maxwell Health was acquired by Sun Life Financial. Looking ahead, the company is expected to leverage this acquisition to enhance its service offerings and expand its market reach. Plans are anticipated to focus on developing new products designed to further streamline benefits administration and potentially integrate additional wellness services.
Who invested in Maxwell Health
14 investors across 4 rounds
See all investors in Maxwell Health
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Maxwell Health
Who invested in Maxwell Health?
Maxwell Health has 14 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Maxwell Health raised?
Maxwell Health has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Maxwell Health last raise money?
Maxwell Health's most recent round on record is a Series C, in Mar 2016.
What does Maxwell Health do?
Founded in 2012 in Boston, US, Maxwell Health provides solutions for health benefits administration.
Where is Maxwell Health headquartered?
Maxwell Health is headquartered in Boston, US.
Which VCs invest in companies like Maxwell Health?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Maxwell Health's stage. Their profiles are linked below.
VCs backing software startups at Series C
Raising like Maxwell Health? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.