
Maxwell Health simplifies benefits and HR for small-to-mid-sized employers. The platform includes a marketplace that makes buying benefits intuitive for employees, tools that automate benefits and HR, and a mobile app that makes using benefits easy.
We’re facing a crisis in America: we aren’t as healthy as we should be and can’t afford to save for our futures. Our purpose is to help families achieve health and financial well-being and our aim is to serve 10 million people by 2020.
Maxwell streamlines and modernizes how employees experience insurance, financial, and wellness benefits. Employers access the platform through benefits advisors as well as through insurance and retirement companies that license our technology.
Maxwell Health’s Principles
We are committed to our purpose, and look to our customers and partners to participate fully in it alongside us.
We always strive to be empathetic to our customers’ needs, and conduct ourselves as a business with positivity, transparency, and objectivity. We respect one another and our partners. We work openly, honestly, with integrity, and with understanding.
We are laser-focused on achieving the objectives that help us accomplish our mission, and the high-quality execution needed to do it right. Our grit gets us through daily challenges, all toward the goal of making Maxwell better.
We are accountable to ourselves and to society. Maxwell practices conscious capitalism, aiming to create value in ways that benefit, and never jeopardize, society and the planet.
We are also adaptable to the changing landscape of our industry, of evolutions in technology, and to finding better ways to solve problems.
We’re facing a crisis in America: we aren’t as healthy as we should be and can’t afford to save for our futures. Our purpose is to help families achieve health and financial well-being and our aim is to serve 10 million people by 2020.
Maxwell streamlines and modernizes how employees experience insurance, financial, and wellness benefits. Employers access the platform through benefits advisors as well as through insurance and retirement companies that license our technology.
Maxwell Health’s Principles
We are committed to our purpose, and look to our customers and partners to participate fully in it alongside us.
We always strive to be empathetic to our customers’ needs, and conduct ourselves as a business with positivity, transparency, and objectivity. We respect one another and our partners. We work openly, honestly, with integrity, and with understanding.
We are laser-focused on achieving the objectives that help us accomplish our mission, and the high-quality execution needed to do it right. Our grit gets us through daily challenges, all toward the goal of making Maxwell better.
We are accountable to ourselves and to society. Maxwell practices conscious capitalism, aiming to create value in ways that benefit, and never jeopardize, society and the planet.
We are also adaptable to the changing landscape of our industry, of evolutions in technology, and to finding better ways to solve problems.
Location: United States, Massachusetts, Boston
Employees: 51-200
Phone: +1 866-629-7445
Total raised: $56.4M
Founded date: 2012
Investors 4
Date | Name | Website |
- | Western Te... | westerntec... |
- | Tribeca Ve... | tribecavp.... |
08.11.2020 | RAINFALL V... | rainfall.c... |
- | Koa Labs | koalab.com |
Funding Rounds 4
Date | Series | Amount | Investors |
20.04.2016 | Series C | $22M | - |
08.12.2014 | Series B | $26.4M | - |
19.12.2013 | Series A | $6M | - |
05.08.2013 | Series A | $2M | - |
Mentions in press and media 38
Date | Title | Description |
21.08.2024 | Sun Life U.S. names leaders for its Dental and Group Benefits businesses | WELLESLEY, Mass., Aug. 21, 2024 /PRNewswire/ -- Sun Life U.S. today announced leadership transitions for its Dental and Group Benefits businesses, effective September 2. David Healy, who is currently president of Group Benefits, will become... |
22.05.2017 | Vericred Closes $5.5 Million Series A Round Led by FCA Venture Partners | Vericred, a healthcare data services company, today announced the closing of a $5.5 million Series A funding round led by Nashville-based FCA Venture Partners, with participation from existing and new investors. The Series A funding brings ... |
22.05.2017 | Vericred Lands $5.5M to Become The Enabling Data Layer for Health Insurance | Vericred, a Nashville, TN-based healthcare data services company has raised $5.5 million in Series A funding led by FCA Venture Partners, with participation from existing and new investors. That company plans to utilize the latest round to ... |
13.08.2016 | Will NYC or the Bay Area be capital of emerging insurance tech industry? | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Hollywood is the capital of movies, the Bay Area ... |
13.08.2016 | Will NYC or the Bay Area be capital of emerging insurance tech industry? | Hollywood is the capital of movies, the Bay Area the capital of technology, Boston the capital of education and biotech, and New York the capital of the world. So, where is the capital of #insurtech? Over the last two years, investment in i... |
22.03.2016 | Maxwell Health Closes $22M Series C Funding Round | Maxwell Health, a Boston, Massachusetts-based benefits and HR platform and marketplace, closed a $22m Series C round of funding. Backers included new investors GIS Strategic Ventures — the Strategic Initiatives arm of Guardian Life Insuranc... |
21.03.2016 | New Money: Techstars Alum Raises $2.2M to Fight Phishing Attacks | Get a daily dose of Boston startup funding news in The Beat. Sign up here. New Money is BostInno's report on all the tech funding deals this week. Check back for updates. GreatHorn (Belmont) Amount: $2.25 million seed Investors: Led by ff V... |
21.03.2016 | Maxwell Health raises $22M to scale its employee benefits offering | Boston, Massachusetts-based employee benefits navigator company Maxwell Health raised $22 million from GIS Strategic Ventures, Sun Life Financial, and Cendana Capital as well as existing investors Adams Street Partners, Cambia Health Soluti... |
21.03.2016 | Maxwell Health closes $22M Series C to move it towards 10 million user goal | The fundraise follows a $26.4 million Series B round dating back to December 2014. At that time it had 68 staff. It currently employs 150, according to Xconomy. In addition to helping employees understand and manage their health insurance a... |
21.03.2016 | Maxwell Health Raises $22M to Fix the Broken Benefits System | A Boston company that’s seeking to take the complexities out of health care and other employee benefits has brought in $22 million to further its mission. Maxwell Health said Monday that the Series C round to continue developing its softwar... |
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