Evive Receives $43 Million in Investment
Evive, a leader in enterprise benefits engagement, today announced a $43 million minority-interest investment by Susquehanna Growth Equity, LLC.
Evive aims to change how people use benefits. Integrating richly layered data sets that seek to represent the “whole person,” Evive uses principles of predictive analytics and behavioral economics to inspire awareness, motivate intelligent decision-making, and achieve demonstrable outcomes. Its platform-agnostic, SaaS-based services help people to improve their lives and Fortune 1000 enterprises to optimize their investments.
The additional capital will expedite Evive’s strategy to expand across the benefits spectrum, encompassing not only health but also financial and work/life benefits for large employers. In particular, the investment will be used to accelerate product innovations, broaden the team with subject-matter experts, and advance channel investments.