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'''HealthJoy''' is a [[software]] company based in Chicago, Illinois<ref name="tc">[https://techcrunch.com/2019/03/08/healthjoy-raises-12-5m-series-b-to-help-employees-make-the-most-of-their-healthcare-benefits/ TechCrunch: HealthJoy raises $12.5M Series B to help employees make the most of their healthcare benefits]</ref><ref name="healthjoy"/> that navigates [[employer-sponsored health insurance]] for enterprise and corporate employees.<ref name="MCN">[https://medcitynews.com/2020/02/benefits-assistance-startup-healthjoy-raises-30m/ MedCityNews: Benefits assistant HealthJoy raises $30M ]</ref><ref>[https://www.bizjournals.com/albany/news/2017/12/18/how-albanys-largest-health-insurance-agency-is.html Albany Business Review: How Albany's largest health insurance agency is making it easier for customers to keep costs down ]</ref><ref name="WSJ">[https://www.wsj.com/articles/healthjoy-raises-3-million-to-bring-ai-to-health-benefits-navigation-1502708405 WSJ Pro Venture: HealthJoy Raises $3 Million to Bring AI to Health Benefits Navigation]</ref><ref name="chicago tribune">[https://www.chicagotribune.com/business/blue-sky/ct-healthjoy-startup-funding-gohealth-20160406-story.html Chicago Tribune: Virtual health care guide HealthJoy raises $3 million in seed funding]</ref>HealthJoy functions as mobile app with access to telemedicine, a digital wallet, and other tools.<ref>[https://www.builtinchicago.org/2017/07/31/healthjoy-ai-chatbot Bulletin: HealthJoy wants you to talk to an A.I. chatbot when you wake up sick at 2 a.m]</ref><ref name="EBN">[https://www.benefitnews.com/news/healthjoy-expands-with-launch-of-eap EBN: HealthJoy expands with launch of EAP]</ref><ref>[https://www.entrepreneur.com/article/296647 Entrepreneur: This Startup Is Lowering Companies Healthcare Costs With AI]</ref>
'''HealthJoy''' is a [[software]] company based in Chicago, Illinois<ref name="tc">[https://techcrunch.com/2019/03/08/healthjoy-raises-12-5m-series-b-to-help-employees-make-the-most-of-their-healthcare-benefits/ TechCrunch: HealthJoy raises $12.5M Series B to help employees make the most of their healthcare benefits]</ref><ref name="healthjoy"/> that navigates [[employer-sponsored health insurance]] for enterprise and corporate employees.<ref name="MCN">[https://medcitynews.com/2020/02/benefits-assistance-startup-healthjoy-raises-30m/ MedCityNews: Benefits assistant HealthJoy raises $30M ]</ref><ref>[https://www.bizjournals.com/albany/news/2017/12/18/how-albanys-largest-health-insurance-agency-is.html Albany Business Review: How Albany's largest health insurance agency is making it easier for customers to keep costs down ]</ref><ref name="WSJ">[https://www.wsj.com/articles/healthjoy-raises-3-million-to-bring-ai-to-health-benefits-navigation-1502708405 WSJ Pro Venture: HealthJoy Raises $3 Million to Bring AI to Health Benefits Navigation]</ref><ref name="chicago tribune">[https://www.chicagotribune.com/business/blue-sky/ct-healthjoy-startup-funding-gohealth-20160406-story.html Chicago Tribune: Virtual health care guide HealthJoy raises $3 million in seed funding]</ref>
==History==
==History==
HealthJoy was founded by Justin Holland and Doug Morse-Schindler in 2014. The company began as a direct-to-consumer service to navigate healthcare-related programs for [[Affordable Care Act]] health insurance plans.<ref name="tc"/> In April 2016, HealthJoy raised $3 million in seed funding from angel investors.<ref name="chicago tribune"/>In early 2017, HealthJoy pivoted to a business-to-business model, working with employers providing their employees healthcare insurance. HealthJoy has raised capital through a series of funding rounds. Its investors include U.S. Venture Partners (USVP), Social Capital, Health Velocity Capital, Chicago Ventures, EPIC Ventures, and Sidekick Fund.<ref name="MCN"/> During the August 2017 Series A round, Chicago Ventures led the series with a total round of $3 million, according to the Wall Street Journal.<ref name="WSJ"/><ref>[https://www.chicagobusiness.com/article/20170815/BLOGS11/170819922/chicago-ventures-gohealth-sieja-back-startup-healthjoy ChicagoBusiness: Chicago Ventures, GoHealth and kCura founder Sieja back this startup]</ref>
HealthJoy was founded by Justin Holland and Doug Morse-Schindler in 2014. The company began as a direct-to-consumer service to navigate healthcare-related programs for [[Affordable Care Act]] health insurance plans.<ref name="tc"/> In April 2016, HealthJoy raised $3 million in seed funding from angel investors.<ref name="chicago tribune"/>In early 2017, HealthJoy pivoted to a business-to-business model, working with employers providing their employees healthcare insurance. HealthJoy has raised capital through a series of funding rounds. Its investors include U.S. Venture Partners (USVP), Social Capital, Health Velocity Capital, Chicago Ventures, EPIC Ventures, and Sidekick Fund.<ref name="MCN"/> During the August 2017 Series A round, Chicago Ventures led the series with a total round of $3 million, according to the Wall Street Journal.<ref name="WSJ"/><ref>[https://www.chicagobusiness.com/article/20170815/BLOGS11/170819922/chicago-ventures-gohealth-sieja-back-startup-healthjoy ChicagoBusiness: Chicago Ventures, GoHealth and kCura founder Sieja back this startup]</ref>
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In March, 2020, HealthJoy added additional sources to its mobile app related to the information about Coronavirus disease (COVID).<ref>[https://www.benefitnews.com/news/healthjoy-launches-instant-coronavirus-resources-on-their-mobile-app EBN: HealthJoy launches instant coronavirus resources on their mobile app]</ref><ref>[https://www.benefitnews.com/news/healthjoy-launches-streamlined-access-to-telemedicine-in-wake-of-covid-19-pandemic EBN: HealthJoy launches streamlined access to telemedicine in wake of COVID-19 pandemic]</ref><ref>[https://finance.yahoo.com/news/healthjoy-launches-revamped-employee-benefits-163431413.html Yahoo Finance: HealthJoy launches its revamped employee benefits assistance platform]</ref>
In March, 2020, HealthJoy added additional sources to its mobile app related to the information about Coronavirus disease (COVID).<ref>[https://www.benefitnews.com/news/healthjoy-launches-instant-coronavirus-resources-on-their-mobile-app EBN: HealthJoy launches instant coronavirus resources on their mobile app]</ref><ref>[https://www.benefitnews.com/news/healthjoy-launches-streamlined-access-to-telemedicine-in-wake-of-covid-19-pandemic EBN: HealthJoy launches streamlined access to telemedicine in wake of COVID-19 pandemic]</ref><ref>[https://finance.yahoo.com/news/healthjoy-launches-revamped-employee-benefits-163431413.html Yahoo Finance: HealthJoy launches its revamped employee benefits assistance platform]</ref>
==Technology and products==
==Technology==
HealthJoy’s iOS and Google Play applications are coded with [[Swift (programming language)|Swift]] and [[Kotlin (programming language)|Kotlin]], respectively. Some features rely on the [[React (web framework)|React]] framework.<ref>[https://healthjoy.com/blog/healthjoy-2-0-under-the-hood/ HealthJoy 2.0: A Peek Under the Hood (April 27, 2020)]</ref> The end user is guided through the application by an [[artificial intelligence]]-powered [[chatbot]] named JOY.<ref>[https://www.builtinchicago.org/2020/03/10/why-healthjoy-uses-python-growth BulletIn: How Python Helps Secure HealthJoy’s Sales Competitiveness]</ref><ref>[https://techpoint.org/2018/01/springbuk-healthjoy-artificial-intelligence/ TechPoint: Springbuk and HealthJoy are improving health and lowering costs with artificial intelligence]</ref>
HealthJoy’s iOS and Google Play applications are coded with [[Swift (programming language)|Swift]] and [[Kotlin (programming language)|Kotlin]], respectively. Some features rely on the [[React (web framework)|React]] framework.<ref>[https://healthjoy.com/blog/healthjoy-2-0-under-the-hood/ HealthJoy 2.0: A Peek Under the Hood (April 27, 2020)]</ref> The end user is guided through the application by an [[artificial intelligence]]-powered [[chatbot]] named JOY.<ref>[https://www.builtinchicago.org/2020/03/10/why-healthjoy-uses-python-growth BulletIn: How Python Helps Secure HealthJoy’s Sales Competitiveness]</ref><ref>[https://techpoint.org/2018/01/springbuk-healthjoy-artificial-intelligence/ TechPoint: Springbuk and HealthJoy are improving health and lowering costs with artificial intelligence]</ref>HealthJoy functions as mobile app with access to telemedicine, a digital wallet, and other tools.<ref>[https://www.builtinchicago.org/2017/07/31/healthjoy-ai-chatbot Bulletin: HealthJoy wants you to talk to an A.I. chatbot when you wake up sick at 2 a.m]</ref><ref name="EBN">[https://www.benefitnews.com/news/healthjoy-expands-with-launch-of-eap EBN: HealthJoy expands with launch of EAP]</ref><ref>[https://www.entrepreneur.com/article/296647 Entrepreneur: This Startup Is Lowering Companies Healthcare Costs With AI]</ref>
==References==
==References==
{{reflist}}
{{reflist}}

Revision as of 23:49, 6 June 2020

HealthJoy, LLC
Company typePrivate
HealthJoy
Industrysoftware[1]
FoundedChicago, Illinois, United States (2014)[2]
FounderJustin Holland
Doug Morse-Schindler[1]
Headquarters
Chicago, Illinois
,
United States
Key people
Justin Holland (CEO & Co-Founder), Doug Morse-Schindler (President & Co-Founder), Rick Ramos (Chief Marketing Officer), Brad Aaron (COO)
Number of employees
250[1][3]
Websitehealthjoy.com

HealthJoy is a software company based in Chicago, Illinois[4][3] that navigates employer-sponsored health insurance for enterprise and corporate employees.[5][6][7][8]

History

HealthJoy was founded by Justin Holland and Doug Morse-Schindler in 2014. The company began as a direct-to-consumer service to navigate healthcare-related programs for Affordable Care Act health insurance plans.[4] In April 2016, HealthJoy raised $3 million in seed funding from angel investors.[8]In early 2017, HealthJoy pivoted to a business-to-business model, working with employers providing their employees healthcare insurance. HealthJoy has raised capital through a series of funding rounds. Its investors include U.S. Venture Partners (USVP), Social Capital, Health Velocity Capital, Chicago Ventures, EPIC Ventures, and Sidekick Fund.[5] During the August 2017 Series A round, Chicago Ventures led the series with a total round of $3 million, according to the Wall Street Journal.[7][9]

The Series B round raised $12.5 million with U.S. Venture Partners leading the investment round. Health Velocity Capital led the company’s $30 million Series C round in February 2020.[10][11] In 2019, the company launched HealthJoy EAP, a mental health support project for corporate clients' employees seeking help for anxiety, depression and addiction and other mental issues.[12][13]

In March, 2020, HealthJoy added additional sources to its mobile app related to the information about Coronavirus disease (COVID).[14][15][16]

Technology

HealthJoy’s iOS and Google Play applications are coded with Swift and Kotlin, respectively. Some features rely on the React framework.[17] The end user is guided through the application by an artificial intelligence-powered chatbot named JOY.[18][19]HealthJoy functions as mobile app with access to telemedicine, a digital wallet, and other tools.[20][12][21]

References

  1. ^ a b c Crunchbase: HealthJoy business profile
  2. ^ Bloomberg: HealthJoy, LLC
  3. ^ a b HealthJoy company's website
  4. ^ a b TechCrunch: HealthJoy raises $12.5M Series B to help employees make the most of their healthcare benefits
  5. ^ a b MedCityNews: Benefits assistant HealthJoy raises $30M
  6. ^ Albany Business Review: How Albany's largest health insurance agency is making it easier for customers to keep costs down
  7. ^ a b WSJ Pro Venture: HealthJoy Raises $3 Million to Bring AI to Health Benefits Navigation
  8. ^ a b Chicago Tribune: Virtual health care guide HealthJoy raises $3 million in seed funding
  9. ^ ChicagoBusiness: Chicago Ventures, GoHealth and kCura founder Sieja back this startup
  10. ^ TechCrunch: Created to help employees figure out health benefits, HealthJoy raises $30 million
  11. ^ AmericanInno: Chicago Startup HealthJoy Raises $30M to Hire 200
  12. ^ a b EBN: HealthJoy expands with launch of EAP
  13. ^ Illinois Technology Association: Created to Help Employees Figure Out Health Benefits, HealthJoy Raises $30 Million
  14. ^ EBN: HealthJoy launches instant coronavirus resources on their mobile app
  15. ^ EBN: HealthJoy launches streamlined access to telemedicine in wake of COVID-19 pandemic
  16. ^ Yahoo Finance: HealthJoy launches its revamped employee benefits assistance platform
  17. ^ HealthJoy 2.0: A Peek Under the Hood (April 27, 2020)
  18. ^ BulletIn: How Python Helps Secure HealthJoy’s Sales Competitiveness
  19. ^ TechPoint: Springbuk and HealthJoy are improving health and lowering costs with artificial intelligence
  20. ^ Bulletin: HealthJoy wants you to talk to an A.I. chatbot when you wake up sick at 2 a.m
  21. ^ Entrepreneur: This Startup Is Lowering Companies Healthcare Costs With AI