Lively Raises $11 Million in Series A Round
Today was an important day for Lively — we announced our $11M Series A financing round! You can read more about the details here. It is the culmination of a lot of hard work and dedication from our team, and an unwavering conviction that our users come first. It is also the beginning of so much more.
Health Savings Accounts (HSAs) are the best way to help us afford the rising costs of healthcare — not just today but also well into the future. But HSA providers were not actually making it simple and affordable for people to do this. That was the only thing we knew for certain when starting Lively more than two years ago — there was a problem and that we could fix it.
Why is this important? High deductible health plans are a growing trend and HSAs are the best way to optimize spending and maximize savings for those high healthcare costs. Devenir projects that by the end of 2020 the HSA market will approach $75 billion in HSA assets, covering more than 29 million accounts.
“More than 9 in 10 employers expect to offer HSA-eligible health plans in 2019”- National Business Group on Health
Two years ago, a team of people came together with the underlying belief that what Lively is doing is important and that we can help millions of people better save for their future healthcare needs. That is a responsibility that we don’t take lightly and we know that we have to continue earning your trust every day.
Thank you for taking a chance on us. Thank you for trusting us with your healthcare dollars. But most of all, thank you for being the best part of Lively.
Today is the start of a new chapter for Lively, but it wouldn’t have been possible without our users. So we wanted thank them. Thank you for taking a chance on us. Thank you for trusting us with your healthcare dollars. But most of all, thank you for being the best part of Lively. Onwards and upwards!
You can see if you are eligible and open a Lively HSA here.
