Healia raises $14M Series A to cut employers' health costs

What's the deal? Healia, an AI-powered health benefits company, has raised a $14 million Series A led by 111° West CapitalDealroom has a profile for this one. Try Dealroom →, chief executive Priyang Shah told Axios Pro.

What it means: Healia's platform helps employers and their staff pick more cost-effective health plans using claims and benchmarking data, aiming to lower the health costs that companies carry while improving benefits for employees.

The signal: Investors continue backing companies working to rein in employers' rising health costs.

Read more: Axios Pro