Maxwell Health - About the company
Maxwell Health is an acquired company based in Boston (United States), founded in 2012 by and . It operates as an Employer benefit administration platform. Maxwell Health has raised $56.4M in funding from investors like Adams Street Partners, Tribeca Venture Partners and . The company has 1061 active competitors, including 252 funded and 127 that have exited. Its top competitors include companies like Hinge Health, Alight and Swile.
Company Details
Maxwell Health provides a saas-based employee benefits administration platform for businesses. It offers a platform for insurance, payroll management, HR management, employee onboarding, and more. It also offers a concierge service for employees to file and manage insurance claims, ask health-related questions, receive recommendations on physicians, compare prescription prices, schedule appointments and resolve insurance disputes.
- Website
- Social
- Part Of
- dailyfeats.com
Key Metrics
Founded Year
2012
Location
Boston, United States
Stage
Acquired
Total Funding
in 4 rounds
Latest Funding Round
Investors
Ranked
87th among
Employee Count
as on Dec 31, 2018
Similar Companies
Alight &
Exit Details
Acquired by Sun Life Financial (Jun 04, 2018)
Legal entities associated with Maxwell Health
Maxwell Health is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 1582105 United States, Active | $1M - $5M (as on Dec 11, 2014) | - | - | |
CIN: 264312923 United States, Active | Dec 31, 1999 | - | 112 (as on Dec 31, 2022) | - |
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Maxwell Health's acquisition details
Maxwell Health got acquired by Sun Life Financial on Jun 04, 2018. It was facilitated by Goodwin, Raymond James and Greenberg Traurig.
Click to take a look at Maxwell Health's acquisition in detail
Maxwell Health's funding and investors
Maxwell Health has raised a total funding of $56.4M over 4 rounds. Its first funding round was on Aug 05, 2013. Its latest funding round was a Series C round on Mar 22, 2016 for $22M. 11 investors participated in its latest round, which includes Adams Street Partners, Industry Ventures, Annox Capital and S.A.W. Capital Partners.
Maxwell Health has 22 institutional investors including Adams Street Partners, Tribeca Venture Partners and .
Here is the list of recent funding rounds of Maxwell Health:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Mar 22, 2016 | $22M | Series C | 6558362 | 1508224 | Guardian, Sun Life Financial, and |
Dec 04, 2014 | $26.4M | Series B | 8981906 | 3025612 | |
Dec 17, 2013 | $6M | Series A | 2507347 | 6560403 |
View details of Maxwell Health's funding rounds and investors
Maxwell Health's founders and board of directors
The founders of Maxwell Health are and .
Here are the details of Maxwell Health's key team members:
- : Co-Founder & CEO of Maxwell Health and founder of , Ansel, and DailyFeats. Contact Info:
- : Co-Founder & Chief Product Officer of Maxwell Health and founder of . Contact Info:
View details of
Maxwell Health's employee count trend
Maxwell Health has 112 employees as of Dec 18. The total employee count is 15.0% lower than what it was in Dec 17. Here is Maxwell Health's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
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Maxwell Health's Competitors and alternates
Top competitors of Maxwell Health include Hinge Health, Alight and Swile. Here is the list of Top 10 competitors of Maxwell Health, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() Hinge Health 2015, San Francisco (United States), Public | Provider of virtual physical therapy and digital pain care solutions | $854M | The Vertical Group, TCVÌý&²¹³¾±è;Ìý | 82/100 |
2nd | Alight 2015, Lincolnshire (United States), Public | Cloud based HRMS suite solutions for enterprises | $10.5M | Thomas H Lee Partners, ADIAÌý&²¹³¾±è;Ìý | 78/100 |
3rd | Work tech company offering meal and gift vouchers for employees | $328M | SoftBank Group, Idinvest PartnersÌý&²¹³¾±è;Ìý | 78/100 | |
4th | ![]() Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | Cross Creek, Comcast VenturesÌý&²¹³¾±è;Ìý | 75/100 |
5th | Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | General Atlantic, EQTÌý&²¹³¾±è;Ìý | 75/100 |
6th | Sharecare 2010, Atlanta (United States), Acquired | Provider of health and wellness social network for employees | $64M | Wellington, Summit PartnersÌý&²¹³¾±è;Ìý | 74/100 |
7th | Businessolver 1998, West Des Moines (United States), Late Stage | Cloud-based employee benefits administration solution | $65.2M | Warburg Pincus, Stone Point CapitalÌý&²¹³¾±è;Ìý | 74/100 |
8th | ![]() Justworks 2012, New York City (United States), Series E | Benefits administration & payroll management solution for businesses | $148M | Meritech, TriplePoint CapitalÌý&²¹³¾±è;Ìý | 74/100 |
9th | Wright Express 1983, Portland (United States), Public | Provider of employee benefit administration solutions for enterprises | - | First Analysis, Warburg PincusÌý&²¹³¾±è;Ìý | 73/100 |
10th | Digital health benefits platform to help organizations manage employee wellness | $22M | Eight Roads Ventures, Brand CapitalÌý&²¹³¾±è;Ìý | 73/100 | |
87th | 2012, Boston (United States), Acquired | Employer benefit administration platform | $56.4M | Adams Street Partners, Industry VenturesÌý&²¹³¾±è;Ìý | 51/100 |
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Maxwell Health's Investments and acquisitions
Maxwell Health has made no investments or acquisitions yet.
Reports related to Maxwell Health
Here is the latest report on Maxwell Health's sector:
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News related to Maxwell Health
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Streetwise Media•Mar 21, 2016•Maxwell Health, Guardian, Sun Life Financial, Adams Street Partners and 8 others
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TechCrunch+•Dec 04, 2014•Maxwell Health, Tribeca Venture Partners, Catalyst Health Ventures, Vaizra Investments and 6 others
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MobiHealthNews•Dec 18, 2013•Maxwell Health, Vaizra Investments, Catalyst Health Ventures, Tribeca Venture Partners and 2 others
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TechCrunch+•Dec 17, 2013•Maxwell Health, Vaizra Investments, Catalyst Health Ventures, Tribeca Venture Partners and 2 others
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