TLDR:
- Spectrum.Life raises €17M in funding led by Act Venture Capital.
- The company plans to use the funds to expand operations and business reach.
Article Summary:
Spectrum.Life, a London and Dublin-based company, has closed a €17M funding round led by Act Venture Capital with participation from existing investors. Established in 2018, the company provides clinically backed digital health, mental health, and wellbeing solutions to organizations and their people. Spectrum.Life’s HealthTech system is used by over 7.2m insurance members, 3,000 corporate clients, and 650,000 university students internationally. The company, which currently employs over 260 people, including 125 clinicians, is expected to exceed €25m in revenue this year. The funding will be used to expand operations and business reach.
