Gravie, the health benefits company redefining how employers and their employees access and pay for healthcare, today announced the appointment of Eric Murphy, a veteran healthcare executive and former Optum leader, to its Board of Directors. The company also announced the closing of a new funding round led by General Atlantic, bringing Gravie's total capital raised to $463 million.

The board appointment comes alongside a new funding round led by General Atlantic, a leading global growth equity firm, which brings Gravie's total capital raised to $463 million. The investment reflects continued confidence in Gravie's model and will support the company's ongoing expansion, product development, and go-to-market efforts.

Gravie is a health benefits company on a mission to make healthcare more affordable and accessible for employers and their employees. Gravie uniquely offers both level-funded group health plans and Individual Coverage Health Reimbursement Arrangements (ICHRA), giving employers the flexibility to choose the right benefits model for their workforce. Gravie partners with brokers and employers of all sizes across the country to bring smarter, more sustainable benefits solutions to market.