About Limelight Health
Limelight Health is a company based in Redwood City (United States) founded in 2014 was acquired by FINEOS in August 2020.. Limelight Health has raised $44 million across 4 funding rounds from investors including Principal, FINEOS and Wells Fargo. Limelight Health offers products and services including FINEOS AdminSuite, FINEOS Absence, FINEOS Billing, FINEOS Claims, and FINEOS Policy. Limelight Health operates in a competitive market with competitors including Noyo, Handl Health, Benefitter, Quotit and Flexible Benefit Service Corporation, among others.
- Headquarter Redwood City, United States
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Sectors
Financial ServicesHealthcare
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Phone
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Website
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Social
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- Legal Name Limelight Health
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Products & Services of Limelight Health
Limelight Health offers a comprehensive portfolio of products and services, including FINEOS AdminSuite, FINEOS Absence, FINEOS Billing, FINEOS Claims, and FINEOS Policy. 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.
Handles core insurance administration and management tasks
Manages employee absence and related benefits
Processes insurance billing and payments
Manages claims processing for insurers
Administers insurance policies and underwriting
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Funding Insights of Limelight Health
Limelight Health has successfully raised a total of $44M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $33.5 million completed in January 2019. 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 4
- Last Round Series C — $33.5M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Series C - Limelight Health | Valuation | Principal | |
| Jul, 2017 | Amount | Series B - Limelight Health | Valuation | MassMutual Ventures | |
| Jul, 2015 | Amount | Series A - Limelight Health | Valuation | MassMutual Ventures , Launchpad Digital Health |
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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 |
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Investors in Limelight Health
Limelight Health has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Principal, FINEOS and Wells Fargo. 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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Seed and early-stage investments are focused on French tech firms.
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Founded Year | Domain | Location | |
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Corporate-backed venture capital fund
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Founded Year | Domain | Location | |
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Corporate-backed venture capital firm focused on fintech, healthcare, and multiple sectors
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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 Limelight Health
| 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 - Limelight Health
| 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 |
Limelight Health Comparisons
Competitors of Limelight Health
Limelight Health 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 Noyo, Handl Health, Benefitter, Quotit and Flexible Benefit Service Corporation, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Insurance data exchange and benefit administration solutions for employers
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| domain | founded_year | HQ Location |
Employer benefits quoting software for healthcare price transparency
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| domain | founded_year | HQ Location |
SaaS-based employee benefit management tools
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| domain | founded_year | HQ Location |
Insurance quoting platform is offered to agents and brokers.
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| domain | founded_year | HQ Location |
Quoting platform for insurance industry
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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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Latest news on Limelight Health
Frequently Asked Questions about Limelight Health
When was Limelight Health founded?
Limelight Health was founded in 2014.
Where is Limelight Health located?
Limelight Health is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Limelight Health a funded company?
Limelight Health is a funded company, having raised a total of $44M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Oct 16, 2014.
What does Limelight Health do?
Limelight Health was founded in 2014 and is headquartered in Redwood City, United States. A web-based quote engine is provided for health insurance professionals, where quotes are generated based on edited fields. Integration with tools such as payroll, CRM, benefits administration, and compliance systems is supported. Mobile technology is utilized to enhance efficiency in operations and client interactions within the health insurance sector.
Who are the top competitors of Limelight Health?
Limelight Health's top competitors include Noyo, Benefitter and Quotit.
What products or services does Limelight Health offer?
Limelight Health offers FINEOS AdminSuite, FINEOS Absence, FINEOS Billing, FINEOS Claims, and FINEOS Policy.
Who are Limelight Health's investors?
Limelight Health has 11 investors. Key investors include Principal, FINEOS, Wells Fargo, AXA Venture Partners, and Plug and Play Tech Center.
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