XP Health Partners with Employee Navigator and Bennie Following Funding
XP Health Partners with Employee Navigator and Bennie
XP Health has strengthened its leadership team by bringing in industry expert Jeff Epstein as a board member.
XP Health, a company aiming to modernize the vision care industry, has announced significant partnerships with Employee Navigator and Bennie. These collaborations come as the company continues to innovate following its recent Series B funding round.
Enhancing Access to Vision Care
The partnerships with Employee Navigator and Bennie are set to provide XP Health with access to a larger pool of potential customers, making the vision care process more seamless for both employees and human resources teams.
Partnership with Employee Navigator
Through its alignment with Employee Navigator, XP Health will introduce six different vision programs that can be accessed without the need for individual quoting. This integration into Employee Navigator's Marketplace simplifies the process for brokers, enabling them to provide clients with high-quality vision care swiftly.
Bennie’s Marketplace Offerings
Bennie, known for its user-friendly platform, will also feature XP Health's services. Employers using Bennie will benefit from a streamlined selection process for including vision care options in their employee benefits, enhancing accessibility for members.
Growth and Experience
Founded in 2019, Bennie has emerged as a key player in the employee benefits space with its all-in-one platform, offering a variety of competitive plans coupled with a simple benefits experience. XP Health, recognizing the need for an evolved benefits system, aims to meet the demand for accessible and modern vision care solutions.
The Importance of Modern Benefits
According to Ronelle Lichman from Bennie, both companies share a vision for transforming the benefits industry to incorporate simpler solutions for vision care within a single platform for clients’ needs. This intention aligns well with the increasing demand for streamlined access to benefits.
Ryan VanOverbeke, the chief commercial officer of XP Health, highlighted the mutual advantage of partnering with these leading platforms, emphasizing their shared goals in improving the employee experience. The vision programs from XP Health will be fully branded, allowing for immediate accessibility through both Employee Navigator and Bennie's employer offerings.
Funding to Fuel Innovation
This wave of partnerships comes after XP Health secured a $33.2 million Series B funding round, led by QED Investors and supported by several notable venture capital firms. This financial boost will enable XP Health to continue expanding its reach and services, offering innovative vision care programs that reduce costs while enhancing the overall consumer experience.
Board of Directors Expansion
XP Health has also welcomed Jeff Epstein to its board. Epstein's extensive experience in technology and venture capital will provide strategic insights as the company navigates its growth journey in the healthcare sector. His past roles include leadership positions at Oracle and various successful companies, proving his capacity to steer XP Health toward long-term success.
With its progressive vision care initiatives, XP Health has demonstrated rapid growth, increasing its customer base from 30 to over 3,000, which now includes established companies across various industries.
About XP Health
XP Health is dedicated to democratizing vision care through a digital-first approach, enhancing the member experience by providing increased coverage and lowering associated costs. The company focuses on customer-centric solutions, ultimately aiming to simplify what has historically been a complicated and costly process.
Frequently Asked Questions
What is XP Health known for?
XP Health specializes in modernizing vision care with a digital-first approach, aiming to simplify access to high-quality vision solutions.
Who are XP Health's new partners?
XP Health has partnered with Employee Navigator and Bennie to expand access to vision care benefits for employees.
What type of programs will XP Health offer?
XP Health will offer multiple vision programs that can be accessed without individual quoting, making it easier for employers to select the best options for their teams.
What are the benefits of the Employee Navigator partnership?
This partnership allows for seamless integration of XP Health’s vision services, enhancing broker capabilities and speeding up access to comprehensive care options.
Who has joined XP Health's board?
Jeff Epstein, a noted Silicon Valley executive, has joined XP Health’s board, bringing valuable experience from his previous roles in technology and venture capital.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.