Ease CEO David Reid said the new capital will be used to more than double its sales operations to build on its momentum in states like Minnesota and California and expand into new markets in Texas, Illinois, New York, Pennsylvania and Florida.
The company recently signed deals with venture-backed health insurance startup Oscar Health and Anthem Blue Cross to integrate their benefit plan options onto the EaseCentral platform.
In an interview, Kyan Health Co-Founder and Chief Commercial Officer Konstantin Struck discussed how Kyan gives mid-market and enterprise employers access to premium workforce mental healthcare, at a price point that is affordable.
Cleveland Clinic CEO Dr. Toby Cosgrove will be one of 16 business leaders on President-elect Donald Trump's President's Strategic and Policy Forum, while Zenefit's David Sacks may join Trump's transition team, plus Apple loses a top health exec.
In the revaluation, the onetime Silicon Valley darling allowed large investors to increase their ownership stake in the company in the wake of a scandal.
Also, Zenefits cuts $2 billion valuation deal with investors and contract research organization ICON acquired its way into government-sponsored research in a deal with ClinicalRM.
Zenefits is letting go of 250 people, according to TechCrunch citing an email from CEO David Sacks to company employees.
We have the opportunity to design systems that give people greater capacity for the work where human presence matters most: listening, understanding, reassuring, deciding, and caring.
Given the scorn and ridicule Zenefits heaped on community-based benefit brokers, taking pleasure from its misfortune is hard to resist. Feeling relief, however, misreads the situation and is dangerous to one’s career.
Will Zenefits new CEO be able to move the company beyond embarrassing headlines?