The round was led by Blue Venture Fund, a unique collaboration among Blue Cross Blue Shield (BCBS) companies, the Blue Cross Blue Shield Association, and Sandbox, to which thirty-five BCBS companies have committed over $890 million across four funds. Blue Venture Fund is joined in the round by existing investors Next Coast Ventures and Meridian Street Capital. Notable angel investors include Zus Health CEO Jonathan Bush, Everly Health CEO Julia Cheek, RPM Ventures Managing Director Marc Weiser, Patientco CTO Sean Joyce, Decent CEO Nick Soman, Firefly Health CEO Fay Rotenberg, and Bright Health Group CTO Brian Gambs.

First Dollar is the health wallet for modern, member-driven plans. The company powers software-defined benefits that people love to use. From HSAs and FSAs to prepaid grocery and Rx programs, First Dollar's payments infrastructure supports tax-advantaged accounts, supplemental benefits, and whatever you dream up next.