Lively is a health savings account (HSA) platform for businesses and individuals. Its user-centric solutions enable sign-up, payroll syncing, paperless account management, and transparent pricing. It serves private individuals as well as businesses. The company was founded in 2016 and is based in San Francisco, California.
Lively's Product Videos
Lively's Products & Differentiators
A modern health savings accounts for individuals and employers
Expert Collections containing Lively
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lively is included in 4 Expert Collections, including HR Tech.
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Track startups and capture company information and workflow.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Latest Lively News
Sep 18, 2023
On Sep 18, 2023 Supported by Lively’s Proprietary Technology and Industry-Leading Service, Employers Can Now Offer Sought-After Family Planning ‘New Chapter’ LSA Starting in October; Additional LSAs Become Available Throughout Q4 Lively, Inc. , the top-rated benefit solutions provider known for providing the modern Health Savings Account (HSA), today announces four new Lifestyle Spending Accounts (LSAs) to augment its five current LSA offerings. This expansion empowers organizations to meet their employees’ ever-evolving needs by offering easily customizable spending accounts. As a forward-thinking innovator in the benefits industry, Lively’s new group of LSAs furthers the company’s commitment to delivering benefit solutions that employers and employees love. “In a crowded benefits marketplace, LSAs are increasingly seen as a must-have benefit by savvy employer groups” “84 percent of employers are adding benefits to attract and retain employees, and innovative LSAs give employers choices in how they support their employees and ultimately build a diverse, inclusive company,” said Jessica Pfisterer , VP of People at Lively. “We’re proud to offer LSAs that help our customers create robust benefits packages that delight, retain, and holistically support their people.” First emerging in the benefits space around 2017, LSAs are employer-funded accounts that provide a taxable cash benefit to employees to pay for every day, non-medical, lifestyle and wellness expenses. Employees pay out-of-pocket for eligible expenses, then submit for reimbursement through their LSA, paying taxes on only what they get reimbursed. More than ever, employees are rethinking their goals and expectations for employer-sponsored benefits. LSAs enable employers to provide a benefit that supports the whole employee beyond health alone. With Lively LSAs, employers can flexibly meet real employee needs, enhance their workplace culture , and attract and retain employees. Lively’s new LSA offerings cover a full range of lifestyle expenses, including: Lively ‘New Chapter’ LSA for family planning, fertility, surrogacy and adoption expenses Lively ‘Experiences’ LSA for entertainment and travel, such as concert and sports tickets, airline travel and hotels Lively ‘Team Boost’ LSA for team building activities, such as group and team events, milestone celebrations and travel expenses Lively ‘Reconnect’ LSA for return to work expenses, such as transportation and meal reimbursement Lively’s ‘New Chapter’ LSA will be available in October, and the rest will debut by the end of the year. These new LSAs join Lively’s existing suite, which include: Lively ‘Best Self’ LSA for fitness and wellness expenses like gym memberships, sleep tracking and at-home workout equipment Lively ‘Momentum’ LSA for work-from-home related expenses like ergonomic set-ups, computers and internet access Lively ‘Best Friends’ LSA for pet care expenses, including pet insurance, food, toys, grooming, walking/daycare and veterinary fees Lively ‘Level Up’ LSA for continuing education and learning expenses like classes, workshops and training courses Lively ‘Healthy Wallet’ LSA for financial planning, student loan consulting and retirement planning-related expenses Lively’s suite of LSAs is simple to administer, easy to use, and offers the industry-leading features that have distinguished Lively as a top-rated HSA provider with its proprietary technology; transparent and competitive pricing; effortlessly customizable accounts; and responsive, expert support and proactive employee education to reduce the burden of adoption and administration for HR teams. “In a crowded benefits marketplace, LSAs are increasingly seen as a must-have benefit by savvy employer groups,” said Tracey Best , Partner of Employee Benefits at C3 Risk and Insurance Services. “As employers seek modern benefits to help retain top talent, LSAs provide a competitive edge with flexible, meaningful, and culturally-relevant components.” “We are obsessed with our customers and are always innovating to surpass their needs,” said Amit Ahluwalia , Chief Revenue Officer of Lively. “These new LSA offerings enable the benefits brokers and employers who work with Lively to stay ahead of the curve in their benefits offering and allow them to meet real employee needs while balancing business needs and culture goals.”
Lively Frequently Asked Questions (FAQ)
When was Lively founded?
Lively was founded in 2016.
Where is Lively's headquarters?
Lively's headquarters is located at 950 Mason Street, San Francisco.
What is Lively's latest funding round?
Lively's latest funding round is Series C.
How much did Lively raise?
Lively raised a total of $122.32M.
Who are the investors of Lively?
Investors of Lively include Costanoa Ventures, B Capital Group, Telstra Ventures, Y Combinator, PJC and 17 more.
Who are Lively's competitors?
Competitors of Lively include Thatch and 6 more.
What products does Lively offer?
Lively's products include HSA and 1 more.
Compare Lively to Competitors
Millennium Trust Company is a financial services company offering alternative custody solutions. Its solutions include alternative asset custody, rollover solutions, private fund custody and advisor services.
Wizest is an investing platform. It allows users to draft a team of advisors to provide virtual portfolios, investment strategies, learning, and more through the game-based platform. The company was founded in 2019 and is based in Cleveland, Ohio.
M1 develops a personal finance platform. It unites individual perspectives and empowers financial well-being with tools to invest, borrow, and spend. It was founded in 2015 and is based in Chicago, Illinois.
ForUsAll offers a platform enabling employers to provide a modern 401(k) plan to employees with access to cryptocurrency, financial wellness benefits, and low fees. The platform provides features such as direct investment into a range of cryptocurrency tokens, automated plan administration, auto-reconciling payroll integration, tracking and enrolling of eligible employees, and actionable financial insights. The company was founded in 2012 and is based in San Francisco, California.
Tuition.io, formerly Binksty, provides an enterprise-grade platform offering student loan repayment assistance as an employee benefit.
Advisor360 is a wealth technology company providing a financial advisory platform capable of CRM, performance reporting, financial planning, trading, model management and rebalancing, operations and workflow, analytics, and document imaging.