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Health Insurance Management’s Simplee Raises $6M

May 15, 2012

Palo Alto-based Simplee has raised $6M in a series A round of funding. The round was led by The Social+Capital Partnership with current investor Greylock Partners Israel.

Even if you work in the health care sector, finances in health are complex and the Web sites from insurance companies don’t help much. So it makes sense for people to have a tool that imports their health records – especially if they have a family which makes it even more complex. Mint has not been adding a lot of new functionality so we are not going to hold our breath to see them innovate in health.

Simplee’s simple mashup is Mint for health. The startup competes head-to-head with Cake Health. We could imagine that employers might want to partner with one of these sites on a private label to help employees manage their health care.

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