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YuLife nabs $70M at a $346M valuation for its gamified, wellness-oriented approach to life insurance – TechCrunch
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YuLife Raises $70M in Series B Funding
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Havas Taps YuLife for Company-Wide Rollout of their Tech-Based Wellbeing Program
PR Newswire
LONDON,
March 2, 2021 /PRNewswire/ YuLife, the tech-driven insurance company on a mission to inspire life, today announced a new strategic partnership with advertising and communications business Havas Group
UK. The partnership forms part of Havas strategic objective of creating a differentiated workplace experience that positively impacts the health and wellbeing of the company s employees. Through the partnership, over 2,200 Havas employees will now benefit from YuLife s comprehensive life and wellness insurance - an employee wellbeing and engagement package which includes life and critical illness cover, income protection, 24/7 virtual GP access, EAP mental health support, and rewards through the bespoke YuLife app.
Havas Taps YuLife for Company-Wide Rollout of their Tech-Based Wellbeing Program
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This year’s cohort is heavily skewed towards healthtech companies, representing 18 per cent of the total.
The UK is now third in the world for healthtech investment after the US and China, and over the course of 2020 we saw an increase in early stage investment, from $2.27bn in 2019 to $2.32bn in 2020.
Healthtech companies among the fastest-growing tech start-ups include LabGenius, which develops new protein-based drugs using machine learning – lowering the associated costs and risks of drug development; Belfast-based Locate a Locum, which enables temporary healthcare workers to connect; Oxford-based Vitaccess, a platform which quantifies patients’ experiences of treatments and illness; and London-based Blink, a communications platform for Frontline workers.