Health Joy raises $12.5 Million in series B funding round

Key Highlights

Health Joy raises 12.5 Million in a series B funding round led by the S. ventured partners.

The company plans to double the headcounts from the existing 121 employees to 250 employees. 

The company has till now total raised $21.5

Health care management is an important issue worldwide for folks. Therefore day by day new technologies are emerging in the market to enhance better ways of caring health. Various startups are also sprouting in this domain. In the same chain Health Joy, a Chicago based healthcare startup is originated in the market. It has recently raised $12.5 Million in series B funding round. It is focusing to invest this raised fund in riding up health benefits. This funding round is led by the U.S. ventured partners and existing investors Chicago Ventures, Sidekick Ventures and Health Joy’s co-founders and Epic Ventures actively participated in fundraising round

The company will be using raised fund in doubling the headcounts from the existing 121 employees to 250 employees. According to the statement of Justin Holland, CEO Health Joy, “Presently our prime aim is to scale up company; we are planning to double employee counts to stay in the top of demand. We are in quest of passionate employees who can use their skills and art to bring a difference in the lives of folks.”

Holland also added, Company is also aiming to develop an entirely new development team in Chicago and is planning to grow across the board, including customer success, operation and sales team, and engineering department. New hires will assist in accelerating already going rapid growth of the company.

According to a report by Tech Crunch, the company increased its user database by 610 % last year and currently has around 200,000 users. This year’s target is to grow by 250%.  Health Joy has designed its platform in taking care of the size of various companies. It can be used by companies of all sizes, from 100 employees to over 50,000.

Health Joy after being launched in 2014 has till now raised $21.5 Million. The pace with which clients and employees of Health Joy have accepted it, the company revenue is enhancing day by day. The company is focusing to patronize the first class team to craft how employees engage with their health care. 

The company has also launched the AI-powered virtual assistant app. The app is providing users an opportunity to see their benefits and book appointments. The company is working hard to bring a revolution in way of living of folks.

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