Luum CEO Sohier Hall. (Luum Photo)
HealthEquity, a publicly-traded administrator of Health Savings Accounts (HSAs), has acquired Luum, a Seattle startup that helps employers manage commute benefits for their workers.
Founded in 2012, Luum works with hospitals, universities, tech companies, and more, offering software that facilitates parking management and integration with mobility apps, among other features. It aims to help employers achieve outcomes, such as reducing the number of employees driving alone to work, through incentives and disincentives. Luum’s customers include Microsoft, T-Mobile, OHSU, City of Seattle, and more.
The acquisition will bolster HealthEquity’s commuter offering, particularly as employers
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By: contactedorgTitle: Health savings account custodian HealthEquity acquires Seattle transportation startup Luum
Sourced From: contacted.org/health-savings-account-custodian-healthequity-acquires-seattle-transportation-startup-luum/
Published Date: Tue, 09 Mar 2021 00:30:14 +0000
source https://contacted.org/health-savings-account-custodian-healthequity-acquires-seattle-transportation-startup-luum/
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