BBVA’s Propel Ventures Leads Hixme’s $14.1 Million Series B Funding

Hixme  pic
Hixme
Image: bbva.com

Amir Pirnia has helped several startups grow past their initial years to become large organizations. His expertise in programming, engineering and technology has allowed him to nurture and fuel the potential of . Amir Pirnia is the vice president of engineering at Hixme, a technology leader in the new era of worker-owned benefits which received an investment from Propel Venture Partners, a fintech venture capital (VC) fund, backed by Spanish banking group BBVA.

In 2016, Hixme opened and closed a Series B funding round for $14.1 million led by Propel Venture Partners. Other investors who took part include Rosemark Capital, Transamerica Ventures, and Kleiner Perkins Caufield Byers (KPCB). Hixme’s total funding now stands at $26.6 million.

The company will use the funds to promote Hixme’s Workplace Market platform and the new Hixme Bundle, a product that integrates medical insurance with gap insurances and monetary features that give workers and their families a buffer from the risk of unpredictable health care occurrences. Following the investment, Tom Whiteaker of Propel Venture Partners and Chris Kuenne of Rosemary Capital joined Hixme’s board.

Hixme is Propel Venture Partners’ sixth investment since its establishment in February 2016. Whitaker stated Propel was attracted to Hixme’s innovative use of technology to give employers and their employees flexible health care coverage. This, according to Whiteaker, empowers families by giving them the opportunity to choose the health and financial coverage they need.

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