The platform streamlines benefits and human resources functions for brokers, while enabling employees to access their benefits from a mobile app.
The company will use the funds to support its nationwide rollout to the individual health insurance marketplace; it plans to enter its first market next year.
Mutual fund giant Fidelity led the round with participation from Google Capital, General Catalyst, Founders Fund, Lakestar, Khosla Ventures and Thrive Capital.
Members will receive personalized health goals, and be able to log their activities using online and automated tools, supported by modern wearable devices.
The tech-enabled health insurance startup has grown from 17,000 members at the beginning of 2015 to more than 125,000 members today.
The company takes healthcare provider data from numerous disparate sources make it accurate, complete and accessible.
The company offers its services through partnerships with retail pharmacies, payers, self-insured employers, exchanges and brokers.
The company will use the funds to expand beyond California and offer its employer health insurance solution to companies across the U.S. in 2016.
The company will use the new funds to scale in its initial market, expand to new markets and develop its clinical data platform.
As a result of this latest round of financing, the insurance startup now has an impressive valuation of $1.75 billion, according to The Wall Street Journal.