OMERS Ventures and TELUS backed League secures US $70M Series C

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By CPE News

CPE News (1.03.2022) – League, Inc. has reportedly raised US $70 million in Series C funding led by Sidney, NSW based TDM Growth Partners. The financing, which closed on December 30, 2021, reportedly valued League over US $800 million.

League has yet to make announcement about the financing.

Founded by Michael Serbinis and Dan Leibu, Toronto based League is a technology-focused health company powering the digital transformation of healthcare. Designed to enable its partners and customers to deliver new “front doors” to healthcare, the League platform provides the digital infrastructure to create omni-channel health experiences that help consumers access, navigate and pay for care.

League is principally backed by OMERS Ventures and TELUS Ventures.

League’s other investors include Infinite Potential Group, Workday Ventures, Wittington Ventures, RBC Ventures, Real Ventures, BDC Capital, Manulife and Portage Ventures.

League closed its CDN $62 million Series B round led by TELUS in June 2018 and Series B add-on from Workday in October 2019.

With the closing of the Series C financing, League has to date raised over US $150 million in equity funding.

photo credit: League