Fijoya, a Tel Aviv, Israel-based personalized platform for employer-sponsored health and wellness services, raised $8.3M in Seed funding.
The round was led by Venture-Creation fund of Team8.
The company intends to use the funds to expand operations and development efforts.
Co-founded by by Baruch Levy, CEO, and Sagi Polani, CPO, Fijoya provides a comprehensive platform that gives employers a way for their employees to conveniently find and pay for thousands of health and wellness services and products that fit their needs. Fijoya’s AI-driven recommendation engine enhances the discovery and selection of personalized health benefits by matching employees with the precise health services they need from thousands of options available in the platform. The platform enables seamless payment through embedded, on-demand employer-funded digital cards, eliminating the need for receipts or reimbursements.
Mastercard has signed on as the payments partner for the Fijoya platform in the U.S., drawing on its decades-long track record of healthcare-focused solutions for payers and providers that drive efficiency and security across the ecosystem.
The company will initially focus on the point solution vendor market.
FinSMEs
07/03/2024