Spectrum.Life Raises €17M to Expand Digital Health Solutions and Reach

Spectrum.Life Closes €17M Funding Round

Spectrum.Life Raises €17M in Funding

Key Highlights:

  • Funding Round: Spectrum.Life, a provider of digital health, mental health, and wellbeing solutions, raised €17M in funding.
  • Investors: The round was led by Act Venture Capital with participation from existing investors.
  • Expansion Plans: The funds will be used to expand operations and business reach.

Spectrum.Life's Target Market

  • Insurance Providers: Offering digital health and wellbeing solutions to insurance companies and their members.
  • Employers and Educators: Providing digital transformation tools to engage and empower employees and students.
  • International Reach: Serving over 7.2 million insurance members, 3,000 corporate clients, and 650,000 university students.

What Spectrum.Life Needs to Buy

  • Technology and Software Development: Investing in the development and enhancement of their digital health and wellbeing solutions.
  • Partnerships and Collaborations: Collaborating with insurance providers, employers, and educators to integrate their solutions and expand their reach.
  • Marketing and Sales Support: Services to support marketing efforts and sales expansion, targeting insurance providers, employers, and educators.