Health IQs $55 Million Series D Funding Round


O’Melveny represented Health IQ Insurance Services on the round

Health IQ Insurance Services (Health IQ), the nation’s fastest growing life insurance company, executed its $55 million Series D funding round. The transaction was announced May 8, 2019.

Health IQ uses its science and proprietary data to increase the discount consumers get when buying life insurance. The Mountain View, California company’s mission is to improve the world’s health by rewarding runners, cyclists, weightlifters, well-managed diabetics, and other Americans living a healthy lifestyle with lower rates.

The funding was led by Greenspring Associates, Aquiline Technology Growth, and Hanwha Asset Management.

The O’Melveny team advising Health IQ was led by Silicon Valley Office Head and partner Paul Sieben (Picture), associate Jessica Iwasaki, and senior paralegal Suzette Clay.

Involved fees earner: Jessica Iwasaki – O’Melveny & Myers LLP; Paul Sieben – O’Melveny & Myers LLP;

Law Firms: O’Melveny & Myers LLP;

Clients: Health IQ Diagnostics, LLC;

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Author: Ambrogio Visconti