About Health E(fx)
Health E(fx) is a company based in Minneapolis (United States) founded in 2012 was acquired by Equifax in August 2021.. Health E(fx) has raised $2 million across 1 funding round from investors including Equifax. Health E(fx) offers products and services including ACA HQ™, I-9 HQ™, Forms HQ, Unemployment Cost Solutions, and Tax Credit Solutions. Health E(fx) operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
- Headquarter Minneapolis, United States
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Sectors
TechnologyHealthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Equifax, Inc.
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Products & Services of Health E(fx)
Health E(fx) offers a comprehensive portfolio of products and services, including ACA HQ™, I-9 HQ™, Forms HQ, Unemployment Cost Solutions, and Tax Credit Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Full-service platform for Affordable Care Act reporting and compliance management.
Automates auditing and processing of Form I-9 for immigration verification.
Streamlines employee forms to reduce paper use and improve accuracy.
Helps manage employer unemployment claims and related financial risks.
Identifies and captures tax credits to optimize business savings.
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Funding Insights of Health E(fx)
Health E(fx) has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in April 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(23 Apr 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2013 | Amount | Seed - Health E(fx) | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Health E(fx)
Health E(fx) has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Equifax. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Credit score data is provided online for businesses and individuals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Health E(fx)
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Health E(fx)
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Health E(Fx) Comparisons
Competitors of Health E(fx)
Health E(fx) operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Virtual physical therapy and digital pain care solutions are provided.
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| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
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| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
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| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Health E(fx)
When was Health E(fx) founded?
Health E(fx) was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Health E(fx) located?
Health E(fx) is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Health E(fx) a funded company?
Health E(fx) is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Apr 23, 2013.
What does Health E(fx) do?
Health E(fx) was founded in 2012 in Minneapolis, United States, focusing on health benefits management within the human resources sector. Cloud-based solutions for Affordable Care Act tracking, compliance, and medical benefits analytics are delivered to support executives. Services are utilized by large employers in industries such as restaurant, grocery, staffing, hospital, transportation, and hospitality across the United States.
Who are the top competitors of Health E(fx)?
Health E(fx)'s top competitors include Accolade, Hinge Health and Wellhub.
What products or services does Health E(fx) offer?
Health E(fx) offers ACA HQ™, I-9 HQ™, Forms HQ, Unemployment Cost Solutions, and Tax Credit Solutions.
Who are Health E(fx)'s investors?
Health E(fx) has 1 investor. Key investors include Equifax.
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