Accolade

About

Accolade features personalized health and benefits solutions that help to improve experience, outcomes, and healthcare cost for employers.

Plymouth Meeting,Pennsylvania,United States
1001 - 5000
http://www.accolade.com

Highlights

Details

Last Funding Type: Corporate Round
Last Funding Money Raised: $20M
Industries: Apps,Employee Benefits,Health Care,Health Diagnostics,Personal Health
Founded date: Jan 1, 2007
Number Of Employee: 1001 - 5000
Operating Status: Active
Stock Symbol: nasdaq:ACCD
Legal Name: Accolade, Inc.

Accolade is a health, wellness, and fitness company that features personalized health and benefits solutions that help to improve the experience, outcomes, and cost of healthcare for employers. It specializes in healthcare process improvement, healthcare savings, employee engagement, and personalized advocacy.

The company was founded in 2007 and headquartered in Plymouth Meeting, Pennsylvania.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

11

$678.74M

Accolade has raised a total of $678.74M in funding over 2 rounds. Their latest funding was raised on Oct 22, 2020 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 22, 2020	Post-IPO Equity	$221.40M	—	—	—	Detail
Jul 2, 2020	IPO	$220M	—	—	—	Detail
Oct 10, 2019	Corporate Round	$20M	1	Humana	—	Detail
Mar 29, 2018	Series F	$50M	7	Andreessen Horowitz Carrick Capital Partners Madrona McKesson Ventures	—	Detail
Aug 10, 2016	Series E	$71.10M	5	Andreessen Horowitz	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

1

Accolade has made 2 investments. Their most recent investment was on Feb 2, 2022, when Instant raised $2.20M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Feb 2, 2022 Instant	Pre-seed	$2.20M	E-Commerce	—
Sep 7, 2020 Superhero	Series A	$8M	Financial Services	Yes

Investors

Number of Lead Investors

Number of Investors

9

14

Accolade is funded by 14 investors. Humana and Andreessen Horowitz are the most recent investors.

Investor Name	Lead Investor	Funding Round
Humana	Yes	Corporate Round
Andreessen Horowitz	Yes	Series F
Carrick Capital Partners	Yes	Series F
Madrona	Yes	Series F
McKesson Ventures	Yes	Series F
Alumni Ventures	—	Series F
Cross Creek	—	Series F
Madera Technology Partners	—	Series F
Avanti Capital	—	Series E
Spencer Rascoff	—	Series E

Employee Profiles

Number of Employee Profiles

48

Accolade has 48 current employee profiles, including Advisor Adam Perlman

Advisor

Executive

Executive

Executive

Employee

Acquisition

Accolade has acquired 4 organizations. Their most recent acquisition was konciergeMD on Apr 28, 2014. They acquired konciergeMD for 0.

Date Company Name	Industry	Acquisition Type	Price
Apr 28, 2014 konciergeMD	Consumer	acquisition	—	Detail
Aug 1, 2019 MD Insider	Big Data	acquisition	—	Detail
Jan 14, 2021 2nd.MD	Health Care	acquisition	$ 460M	Detail
Apr 23, 2021 PlushCare	Health Care	acquisition	$ 450M	Detail