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HealthJoy
Health benefits platform for employers
- 201-500 employees
- Healthcare
- B2B
- Enterprise
- HR
- River North, Chicago, IL
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Company mission
To simplify the healthcare and benefits experience for every member.
Our take
Although shopping around for a car or mortgage is standard practice, when it comes to medical procedures, people often take what they are given. HealthJoy is a company that helps employees shop around for the most cost-effective healthcare options, then rewards these employees when they take the lower-cost option.
The HealthJoy benefits experience platform combines a chatbot with artificial intelligence along with human input to settle on the most affordable available treatment for the employee. Savings are then shared with the employee via a savings account or gift card. HealthJoy focuses on providing its services to larger companies, with tens of thousands of users, but has expressed intentions to work with small and medium-sized businesses in the future.
The company is aiming to invest its latest funds in accelerating growth, as it expands partnerships whilst maintaining optimal user experience in healthcare navigation. It has recently partnered with Consociate Health, as well as expanded its partnership with Teladoc Health to launch "HealthJoy Virtual Primary Care".
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Healthcare benefits
- Parental leave
- Wellness activities
- Catered Friday lunches
- Happy hours
- ‘Friendship time’ pairings
- Volunteer events in our local community
- 401k with a matching employer contribution
- Lunch and learns
- Pre-tax commuter benefits
- HSA contribution match
- Stock options
- Flexible PTO plan
Company values
- Open mind
- No ego
- Accountable
- Deliver JOY
- Care
Funding (last 2 of 5 rounds)
Oct 2022
$60m
SERIES D
Feb 2020
$30m
SERIES C
Total funding: $108.5m
This company has top investors
Leadership
Justin Holland
(CEO)Having studied at MIT, they co-founded FreeCause in 2006 and OpenInstall in January 2011. They then spent 1 year as VP Platform at AVG before founding HealthJoy as CEO in March 2014.
Doug Morse-Schindler
(President)They started their career at Raymond James & Associates for 4 years before working at OpenInstall, AVG, and NAHU. They co-founded HealthJoy with Justin in 2014.