The Venture Codex Logo

The Venture Codex

Limelight Health

1275 Mission St, San Francisco, California, 94103, United States

Overview

Limelight Health delivers a cloud-based, configurable microservices platform for quoting, rating, proposal generation, renewals, underwriting, enrollment support, reporting, agent self-service and document management for carriers, underwriters, agents and advisors. The platform automates pre-sales, new business processing and integrates with industry systems and services. The company plans product development to add more automation, enhanced workflows, an underwriter certification program and risk scores derived from datasets to improve underwriting. Limelight also supports consumer delivery and agent self-service capabilities and offers configurable modules for varied business needs. It operates from San Francisco with satellite locations in Redding, California and Des Moines, Iowa and maintains a remote workforce. The company will use new funding for customer acquisition, global expansion and hiring. Limelight Health provides a real-time, automated platform that streamlines quoting, sales, enrollment and renewals for the employee benefits industry. Its first product, QuotePad, enables on-demand health plan rate data and price quotes, auto-generates custom sales proposals, and supports electronic enrollments and decision support. The company's API integration connects into popular online CRM and employee benefits platforms, including Salesforce, Microsoft Dynamic, Bernie Portal, California Choice and EaseCentral. Limelight licenses its software to insurance carriers, PEOs, payroll companies, brokers, general agents and enrollment exchanges. QuotePad is currently available in California, Colorado, New York, New Jersey, Illinois and Texas, with planned real-time quoting and enrollment availability in Maryland, Virginia, Pennsylvania, Oregon, Utah, Rhode Island and the District of Columbia starting September 1, 2017. The company has offices in San Francisco and Redding, California and intends to use new funds to accelerate growth and expand its software platform. Limelight Health is a San Francisco–based provider of mobile enterprise technology for the health insurance industry. Its core product, QuotePad, is a cloud-based, data-driven mobile quoting and modeling platform that enables brokers, carrier sales representatives and underwriters to quote and compare employee health insurance benefits in real time. The platform offers real-time analytical functionality, interactive plan cost modeling, import/export of plan and contribution selections, and an API/open integration with CRM, benefits administration, payroll and accounting systems. The company plans to use the new funding to grow its sales and engineering teams, deliver product enhancements to its SaaS platform and expand distribution nationally. Limelight Health was founded in February 2014 by CEO Jason T. Andrew.

Total raised
$44M
Funding rounds
3
Latest round
Series C
Latest activity
Jan 2019

Industries

  • Employee Benefits
  • Health Insurance
  • InsurTech
Visit website

Recent funding

  1. Series C

    Jan 2019

    $34M

  2. Series B

    Aug 2017

    $7M

  3. Series A

    Jul 2015

    $3M

Team

  • Joe Cannon

    Vice President, Sales

    LinkedIn
  • Bill Herrick

    Vice President, Finance

    LinkedIn
  • Claude Correll

    Vice President, Engineering

    LinkedIn
  • Pete Espinosa

    Vice President, Sales and Alliances

    LinkedIn