PE Tech Report


Like this article?

Sign up to our free newsletter

General Atlantic invests in health benefits co

General Atlantic, a global growth equity investor, is anchoring a $179 million equity investment in Gravie, a US-based employer health benefits company, alongside participation from existing Gravie investors FirstMark Capital and AXA Venture Partners.

Gravie plans to use the capital to funds growth through investments in all areas of the company, including expanding its flagship Comfort health plan for small and medium-sized businesses, which offers comprehensive coverage of all essential benefits. Gravie currently provides health benefits to the employees and families of more than 1,200 companies nationwide.
The investment is expected to close within 30 days, subject to regulatory approval.

Like this article? Sign up to our free newsletter