Updated: Gravie Raises A Million Dollars From Securian

Minneapolis Healthtech startup Gravie has recently secured a million dollars of equity investment according to this SEC disclosure.

[Updated 7/20 @2pm central: Gravie has partnered with Minnesota-based Securian, who was the strategic investor in this round.  As part of the arrangement, Securian life insurance products are now available through Gravie, in addition to health, dental, vision, and supplemental health aka accident insurance. Sen also says the company is hiring again in product, engineering, and member advisors — currently at 53 employees.]

Founded in 2013 by repeat Minnesota entrepreneur Abir Sen, with partners Jill Prevost and Marek Ciolko — Gravie provides a marketplace for employers and individuals to pick and choose their healthcare insurance plans, a model expanded upon here.

Since their first stealth raise of $2.6m back in 2013, Gravie has seen a cumulative 26.5m+ of funding to date with the latest million.  Earlier this year the company cut 25% of its workforce.

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