Healthcare company League raises $95 million
Canadian healthcare company League closed a $95 million funding round led by TDM Growth Partners with participation from Workday Ventures and existing investors, bringing its total funding to $205 million.
Founded in 2014, the company offers a healthcare platform dubbed League’s Health OS™ for a personalized healthcare experience. Customers include Humana, Shopify and Shoppers Drug Mart.
“Time and time again, point solutions inevitably give way to platforms that accelerate innovation and time-to-market while enabling interoperability and economies of scale. In healthcare, League is that platform . With the support of leading platform investors, League’s PaaS offering is positioned as the de facto digital infrastructure to build comprehensive healthcare consumer experiences. Providers, payers, consumer health partners and employers use League’s platform to build unique and differentiated applications that transform healthcare from a patchwork of disparate point solutions to a cohesive experience that just works.” – Michael Serbinis, founder and CEO of League.
“We are proud to play a role in League’s vision for the future of healthcare and the transformation of care delivery. We appreciate and understand the scaling journey of pre-IPO companies and what it takes to transition them successfully to the public markets. We recently saw this with Allbirds and hope to use our learnings from previous investments in platform companies like Square, Twilio and Slack to now support League and their long-term growth ambitions.” – Jess Bell-Allen at TDM Growth Partners.