ORIX Ventures Extends Additional Capital to Acclaris
Funding to Support Ongoing Enhancements to Market Leading Healthcare Management Platform
ORIX Ventures announced it has upsized its commitment to Acclaris, a leading provider of consumer-driven healthcare (CDH) account management solutions. The incremental funding builds on an initial financing ORIX Ventures made in July 2010 and will support the continued enhancement of Acclaris’ market-leading healthcare management software platform.
“It is important to us to support our portfolio companies as they continue to scale,” said Jeff Bede, ORIX Ventures Managing Director and Co-Head. “Acclaris has had strong success to date creating a product that is essential to its clients CDH offerings. We want to continue to fuel that success and help support the expansion of their product capabilities and client base in a growing, consumer-driven market.”
Headquartered in Tampa, Fla., Acclaris simplifies the complex administration of CDH accounts for benefits and HR administrators, financial institutions and health plans by delivering financial technology and integrated services to manage Health Savings Accounts (HAS), Health Reimbursement Arrangements (HRA) and Flexible Spending Accounts (FSA).
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