Limeade Lands $5M

Bellevue-based Limeade, the provider of software-as-a-service to manage wellness programs, announced today that it has raised $5M in a Series B financing round. The rounding came from TVC Capital, a California growth equity firm that focuses on software and software-enabled service firms. Limeade, which is led by Henry Albrecht, said it will use the funding for innovation and to service its clients. The company said it has added Steven Hammerslag, a Managing Partner at TVC, to its board of directors. Limeade has now raised $8.5M in funding. Limeade's software-as-a-service is used by employers to run health and wellness programs. More information »