Healia Launches With $18M

Healia raised $18 million in total funding, including a $14 million Series A led by 111° West Capital.

The company will use the capital to expand its employer health reimbursement arrangement platform for dual-income families.

Healia says its HRA product has already helped employers add $33 million in coverage for families.

The goal is to reduce employer benefit costs while also lowering out-of-pocket healthcare expenses for households.