Springbuk Secures $3.75M in Series A Funding

Springbuk, a health analytics platform, announced a Series A funding raise of $3.75 million led by Lewis & Clark Ventures.

The Springbuk platform is currently used by nearly 500 employers that represent 500,000 individuals. The capital will be used to fuel strategic hiring and product innovation.

“In 2015, we launched a platform to help employers make better decisions about where to invest in the health of their employees,” said Rod Reasen, Springbuk’s CEO and Co-Founder. “We’ve already proven that employers are ready to put data and predictive intelligence to work. With this new investment we can help more employers measure and target their investments, so they can maximize their healthcare dollars.”

Springbuk unifies mountains of data generated by a company’s workforce — data like medical claims, pharmacy, labs, dental, biometrics, wearables, workers compensation, disability, vision and payroll information — and turns it into a decision dashboard that’s designed with non-medical, HR users in mind. Check out TechPoint’s Featured Company profile to learn more about Springbuk’s approach to reducing healthcare costs, and read more about the announcement on Inside Indiana Business.