SEATTLE – Health care technology company Accolade has raised $50 million in funding to grow its workforce and expand its Personalized Advocacy solution. Accolade provides personalized health and benefits data to employers to help their employees find the right health care at the right time and reduce health care waste. “We are seeing tremendous momentum across all market segments,” said Rajeev Singh, CEO of Accolade, in a statement. “Self-insured employers are increasingly taking charge of their health and benefits supply chain and are looking to work with those that can help deliver personalized solutions for their employees and their families.” Over the past two years the company has more than tripled the size of its technology and product development team, and is investing in building a connected and flexible technology platform to complement its service and clinical offering. Recent technology platform developments include Accolade’s Maya intelligence engine with machine learning capabilities, an integrated health and benefits member portal, the Accolade Mobile app and the Accolade IQ customer analytics and reporting tool.
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