Picwell is a healthcare technology company offering a platform for enterprise healthcare benefits that is headquartered in Philadelphia, Pennsylvania and was founded in 2013 by Ani Vemprala and Thomas Baker.
On July 1, 2015 Picwell completed their series A funding round with $4 million in funding from MassMutual Ventures (lead investor), Paul Kusserow, OUP (Osage University Partners), Kevin Hill, Bruce D. Perkins, and Trevor Fetter. On December 28, 2015 Picwell expanded their series A funding with $3 million in additional funding from Sandbox Industries and BlueCross BlueShield Venture Partners.
On February 22, 2018 Picwell completed their series B funding round with $4 million in funding from Springfield Amory, Sandbox Industries, Paul Kusserow, OUP (Osage University Partners), MassMutual Partners, BlueCross BlueShield Venture Partners, Aflac Corporate Ventures, Trevor Fetter, Bruce D. Perkins, and Andrew Kress.
4 Reasons Why an HSA is Better for Retirement Than a 401(k)
- InsuranceEquitable transfer of the risk of a loss, from one entity to another in exchange for payment
- Insurance TechnologyAn industry around technology applied to insurance sometimes also referred to as Insurtech or Insuretech, whereby companies sell or distribute insurance or related products (such as data) digitally.