Ness Raises $15.5M in Seed Funding

Ness, a New York-based fintech firm constructing bank cards limiting the price of wellcare, raised $15.5M in Seed funding.

The spherical was led by Will Ventures with participation from Core Innovation Capital, Accomplice, Digitalis, GFCPortage Ventures, Refactor Capital, RiverPark, and Atypical.

The firm intends to make use of the funds to develop the product, staff, userbase, and dedication to credit score and compliance.

Founded by Derek Flanzraich, Ness is a fintech firm that gives bank cards to scale back the price of wellcare. The Ness Rewards App permits customers to earn factors for the spending they’re already doing on their well being. Eventually, all “wholesome actions”—from health exercise to doctor visits—shall be rewarded. Today, customers can redeem these factors for gives at wellness manufacturers like Sweetgreen, Thrive Market, Barry’s Bootcamp, and extra. In addition to this funding, Ness can also be saying the acquisition of WellSet’s 4,000-person nationwide community of practitioners.

Next, the corporate is launching a set of bank cards to speed up these rewards and provides cardholders unique entry to advantages from their favourite well being and wellness manufacturers. Ness plans to even supply medical advantages, supplemental insurance coverage, and complete medical insurance on prime of its bank cards to reward customers for residing wholesome with extra wholesome residing, shift their spend for the higher, and scale back the price of wellcare for all.

The founding staff additionally consists of: 

  • Christina Gerdes (Co Founder & Chief Medical Officer), 
  • Katherine Lynch (Co Founder & Head of Business Operations), and
  • Kenneth So (Co Founder & Chief Experience Officer) amongst others



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