Alyve Health, a healthtech platform, has secured $5.5 million in its Series A round, which was led by Axilor Ventures.
The proceeds will be allocated to strategic growth initiatives in critical areas, including platform enhancement, talent acquisition, operations expansion, service amplification, and increased member engagement.
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1Crowd Fund, an existing investor, and Inhealth Ventures, a healthcare-focused fund, participated. Additionally, as part of this round, the organization secured a venture debt fund from Trifecta Capital.
Alyve’s health plans encompass a variety of healthcare experiences, including doctor consultations, diagnostics, medication purchases, dental procedures, gym memberships, and proactive well-being.
The platform is designed to be readily integrated with payers (insurers, TPAs), intermediaries (brokers, financial institutions, digital platforms), and providers (clinics, diagnostic centres, fitness studios).
About Alyve Health
Founded in 2020 by Shashank Avadhani, Sushant Roy, and Vineet Mehta, Alyve Health is a visionary health-plan-tech platform, where users experience step-by-step guidance for preventive well-being, outcome-based programs, and assured and trusted medical care support.
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