Jiff raises $23.3M Series C for its enterprise health benefits platform

Jiff

Jiff, the enterprise health benefits platform, has raised $23.3 million Series C financing led by Rosemark Capital. Also participating in the round were GE Ventures, Venrock Associates, Aberdare Partners and Aeris Capital.

“Employers know they are spending a lot of money on health care and not getting healthier, happier employees in return – which has led to an explosion of new customers for our enterprise health benefits platform,” Derek Newell, Jiff CEO, says. “We are thrilled to be working with Rosemark as we continue to grow.”

Jiff’s platform leverages the best digital health technology and services to deliver customized benefit programs to each employee.The company will use the funds to continue scaling its enterprise platform, which helps self-insured employers reduce healthcare costs by leveraging the best digital health technology and services to deliver customized benefit programs to each employee.

Soon, Jiff will launch Jiff Navigator, a home screen for health benefits that enables employers to manage existing benefits, create custom programs, and demonstrate ROI through real-time data analytics.

The company’s clients include inVentiv, Qualcomm, and Uber, among others. Jiff’s customer base has grown by 500 percent since the start of 2014, and the number of employees eligible to use the Jiff platform has increased by a factor of ten during that period.

Previously, Jiff has raised $18 million Series B round from Venrock, Aberdare Ventures and Aeris Capital.