Lively HSA's $27 million financing tops recent funding news in San Francisco

San Francisco-based fintech company Lively HSA has secured $27 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on Oct. 16 and led by Costanoa Ventures.

According to its Crunchbase profile, "Lively is a modern Health Savings Account (HSA) platform for employers and individuals. Lively’s user-centric solution creates an intuitive user experience allowing consumers to get the most out of their HSA."

The three-year-old startup has raised three previous funding rounds, including an $11 million Series A round in 2018.

The round brings total funding raised by San Francisco companies in financial services over the past month to $209 million. The local financial services industry has seen 269 funding rounds over the past year, yielding a total of $7.1 billion in venture funding.

In other local funding news, billing company Truebill announced a $15 million Series B funding round on Oct. 23, led by Eldridge Industries.

According to Crunchbase, "Truebill is a platform that allows users to find, track and manage their subscription services and recurring bills. To use Truebill, users must simply connect their bank account or credit card statement and instantly see everything they're paying for on a recurring basis. Any unwanted subscriptions can be canceled with just a few clicks."

Founded in 2016, the company has raised three previous rounds, including a $5 million Series A round in 2018.

Meanwhile, agtech company Wild Type raised $12 million in Series A funding, announced on Oct. 8. The round's investors were led by CRV.

From the company's Crunchbase profile: "Wild Type is an agtech platform based in San Francisco, California. Wild Type aims to create clean and sustainable fish and meat. They use cellular agriculture technologies to address the most pressing challenges of the generation: climate change, food security and health."

Wild Type last raised $3.5 million in seed funding in 2018.

Also of note, personal health company Octave raised $11 million in Series A funding, announced on Oct. 22.

From Crunchbase: "Octave is a modern practice that brings a primary care approach to serve the mental health needs of young urban professionals. The company's mission is to create a society that is as proactive and consistent about emotional well-being as it is about physical fitness. Octave is doing this by providing superior care that is both accessible to clients and sustainable for its clinical teams."

The company previously raised non-equity assistance funding earlier this year.

Rounding out the city's recent top local funding events, privacy company NuCypher raised $10 million in funding, announced on Oct. 7 and led by Polychain.

From Crunchbase: "The NuCypher Network is a decentralized network offering accessible, intuitive and extensible cryptographic run-times and interfaces for secrets management and dynamic access control."

The company previously raised $4.4 million in funding in 2017.

This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.