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The Venture Codex

Rosemark Capital

PO Box 3017, Princeton, NJ, 08543, United States

Overview

Rosemark Capital Group is a private equity firm that specializes in growth equity investments in tech-enabled businesses. The firm's specific focus is on healthcare, financial services, and business services. It was founded in 2014 and headquartered in Princeton, New Jersey.

Total investments
2
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Finance
  • Social Entrepreneurship
  • Venture Capital
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Investment portfolio

  • Hixme

    Participated · Series B · Oct 2016

    Hixme offers a technology platform that enables workers and their families to choose and personally own benefits tailored to their needs. Its Hixme Bundle integrates medical insurance with gap insurances and monetary features such as bill settlement and gap financing to protect against unpredictable healthcare costs. The Workplace Market platform uses predictive algorithms to let each worker and family member select coverage they then own. Hixme partners with Transamerica, Silicon Valley Bank, Kashable and PayMD to deliver a fully integrated solution. Led by CEO Denny Weinberg and based in Agoura Hills, CA, the company plans to use recent funding to promote its products, increase sales and expand geographically to serve employers in all 50 states. The company has raised $26.6M in total funding to date. Hixme Insurance Solutions, founded in 2013 by Dan Peate and Karen Albanese and led by CEO Denny Weinberg, operates a technology-enabled private exchange that provides employees access to retail and personalized benefit options tailored to where they live and work. The company is based in Agoura Hills, California and currently operates from locations in California. In July 2015 Hixme raised $10.14M in a Series A funding round led by Kleiner Perkins Caufield & Byers (KPCB). KPCB General Partner Beth Seidenberg joined Hixme’s Board of Directors in conjunction with the funding. Hixme says it will invest the proceeds in operational growth to further technology development and support a national rollout. The company plans to open offices throughout the country in 2016 and 2017.

  • Jiff

    Led · Series C · May 2015

    Jiff operates an enterprise health benefits platform that aggregates digital health vendors and delivers personalized incentives, real-time analytics, and an easy-to-use experience to drive employee engagement. The company emphasizes driving utilization—reporting 73% of participants interact weekly and 35% daily—and says its platform achieves two-to-five times the utilization of typical point solutions. Jiff has expanded its client base by 32% and increased the number of employees on the platform by 40% since the start of the year. The company recently introduced three product packages: Jiff Enterprise Navigator, Jiff Total Wellbeing, and Jiff Launch Pad, and integrates over 40 pre-integrated services including partners like Garmin and MyDietitian. Jiff employs about 120 people across its Mountain View headquarters and an Oakland office and has alliances with Willis Towers Watson and Mercer. The company plans to use new funding to further expand its product offering and continue product development. Jiff is a Palo Alto, CA–based health technology company that operates an enterprise health benefits platform for self-insured employers. The platform enables employers to deliver customized benefit programs to each employee and serves a range of Fortune 500 companies. Customers named in the article include inVentiv, Qualcomm, and Uber. The company is led by CEO Derek Newell and intends to use recent funding to continue to grow operations. Jiff is set to launch Jiff Navigator, a home screen for health benefits that lets employers manage existing benefits, create custom programs, and access real-time data analytics. Financially, Jiff completed a $23.3M Series C round led by Rosemark Capital with participation from GE Ventures, Venrock Associates, Aberdare Partners and Aeris Capital. Jiff offers a software platform that gathers data from a wide range of wearable devices (Fitbit, Jawbone, Misfit Shine, etc.) and mobile fitness-tracking apps, enabling employers to reward and engage employees in digital health programs. Its HIPAA-compliant applications are available on web, iOS, and Android and can be branded and themed by employers. The platform supports social challenges, contests, spouse/friend invitations, and rewards for meeting personalized health goals, and lets employers curate which devices and services to support. Jiff charges employers roughly $1–$2 per employee per month for its digital health applications, allowing companies to avoid buying devices for employees. The company plans to use new funding to expand sales and marketing, grow its network of sales and distribution partners, and build out its network of digital health partners across categories. The article notes a large addressable market with over 40,000 mobile health apps and devices and a $330 million digital fitness device market in 2013. Jiff is a Palo Alto–based developer of a HIPAA-compliant private healthcare social network and a digital health apps platform. The company offers a platform that lets consumers and health care professionals build private, personalized communities of care and run health and well-being applications. Jiff announced JiffPad, an iPad educational app that converts conversations and images into videos patients can reference and share. The company plans to use the new capital to deploy its healthcare social network, develop a suite of health, well-being, care and community apps, and publish a software development kit to allow third-party developers to build on the platform. Jiff was founded in 2010 and is led by newly appointed CEO Derek Newell.

Team

No current team members are available.