Venture Capital
Lumity, a company that promises to improve company health plans by incorporating data-driven recommendations, has raised $19 million in a series B round of funding. The round was led by DFJ, with participation from Social+Capital Partnership and True Ventures. Founded out of San Mateo, California in 2015, Lumity offers a platform designed to help businesses and their employees manage and choose the best health plans while saving the companies money and time. Lumity claims to help set “fair benefit plan rates” based on insights into a company’s group health risk profile.

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