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Nutrition Capital Network news: Corporate Wellness Company Limeade Gets $5 million Financing

Nutrition Capital Network news: Corporate Wellness Company Limeade Gets $5 million Financing

Limeade (Bellvue, Wash.), a software-as-a-service (SaaS) corporate wellness company, has secured $5 million in Series B financing from TVC Capital. The total amount of capital raised by Limeade since its inception in 2006 to $8.5 million. Steven J. Hamerslag, TVC Capital co-founder and managing partner, will join Limeade’s board of directors. Limeade focuses on improving employee health and performance; its clients include Jamba Juice, Cincinnati Children’s Hospital, REI, and Swedish Medical Center. In each of the past three years, Limeade said it has achieved more than 100% revenue growth. The company describes itself as an enterprise wellness platform that provides “a refreshing alternative to traditional, antagonistic wellness approaches.”

 

 

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

For more finance and investment information, visit Nutrition Capital Network news

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