COLUMBUS, OH, Healia, a company that reduces health benefit costs for dual-income families and employers, has announced $18 million in funding, including a $14 million Series A round.
The round was led by 111° West Capital, with participation from Y Combinator, First Round Capital, Pioneer Fund, GoAhead Ventures, and North Coast Ventures. To date, Healia has enabled employers to provide $33 million in additional coverage for families nationwide, equipping families to make healthcare's most consequential decisions as one household, with the full picture in view.
Healia is a health tech company that builds health reimbursement arrangements (HRAs) for employers. Its Total Care Option (TCO) reduces benefit costs for employers and out-of-pocket costs for dual-income employees: when an employee enrolls in a spouse's plan, Healia enables employers to reimburse the family's out-of-pocket costs in full. Employers using Healia have provided $33M in additional coverage to their employees since its founding in 2021.
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