Seattle-based Accolade, a health care platform for employees to manage benefits, raises $220M in its IPO at a $1.2B valuation; stock up ~35% at market close (Elise Reuter/MedCity News)

Elise Reuter / MedCity News:
Seattle-based Accolade, a health care platform for employees to manage benefits, raises $220M in its IPO at a $1.2B valuation; stock up ~35% at market close  —  Employee benefits startup Accolade went public on Thursday.  The company began trading at $35 per share, above its initial price of $22 per share.

from Techmeme https://ift.tt/2YUg5NB