‘Successful Completion of €17M Funding Round for Spectrum.Life’
Spectrum.Life, a company based in London, UK and Dublin, Ireland, recently secured €17M in funding to support its clinically backed digital health, mental health, and wellbeing solutions. The funding round was led by Act Venture Capital, with participation from existing investors.
Founded in 2018 by Stuart McGoldrick and Stephen Costello, Spectrum.Life offers organizations and individuals access to digital health services that are supported by medical professionals. Their HealthTech platform aims to digitally transform the healthcare industry by providing integrated tools that improve engagement and empower users to take control of their health.
Currently, Spectrum.Life serves over 7.2 million insurance members, 3,000 corporate clients, and 650,000 university students globally. With a team of over 260 employees, including more than 125 clinicians, the company is positioned for continued growth. Spectrum.Life is on track to exceed €25M in revenue this year.
This funding will enable the company to expand its operations and further enhance its reach in the digital health and wellbeing market.