USA – First Dollar, an Austin, Texas-based health wallet for member-first plans, closed a $14M Series A funding round.
The round was led by Blue Venture Fund, with participation from existing investors Next Coast Ventures and Meridian Street Capital and angel investors Zus Health CEO Jonathan Bush, Everly Health CEO Julia Cheek, RPM Ventures Managing Director Marc Weiser, Patientco CTO Sean Joyce, Decent CEO Nick Soman, Firefly Health CEO Fay Rotenberg, and Bright Health Group CTO Brian Gambs. The company intends to use the funds for the expansion of its Wallet platform into additional benefit types and further addition to existing APIs, embeddable UX widgets, and member workflows.Led by CEO Jason Bornhorst, First Dollar is a health wallet for member-driven plans. Early customers include modern health plans like Sidecar Health, Kind Health, and Decent Health. From HSAs and FSAs to prepaid grocery and Rx programs, the company’s payments infrastructure supports tax-advantaged accounts, and supplemental benefits. 27/01/2022
