Accolade Raises $50M in Financing

Seattle, WA-based personalized health and benefits solutions provider Accolade raised $50 million in a funding round led by existing investors Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group and McKesson Ventures. Cross Creek Advisors and Madera Technology Partners also joined as new investors.

Accolade will use the money to expand its personalized advocacy solution model, and to grow its workforce.

Accolade is a personalized health and benefits solution for healthcare employers, health plans and their members that combines advisors, clinical experts and intelligent technologies. The company is led by CEO Rajeev Singh.

Learn more about Accolade’s new round of funding here.