ATLANTA and COLUMBUS, Ga., Oct. 29,
2019 /PRNewswire/ -- Sharecare, the digital health
company that helps people manage all their health in one place,
today announced an investment from Aflac Corporate Ventures, the
corporate ventures arm of Aflac Incorporated (NYSE: AFL). Focused
on investment opportunities targeting growth-stage companies with a
strong value proposition and capable management team, Aflac
Corporate Ventures partners with companies whose disruptive
innovations in insurance, healthcare, finance, analytics and other
related fields align with Aflac's strategic interests.
"Beyond our like-minded missions to create innovative ways to
enhance each person's health experience through digital
connectivity, what truly galvanizes this opportunity with Aflac is
the passion we share to improve well-being for everyone, starting
with Georgia," said Jeff Arnold, founder, chairman and CEO of
Sharecare. "And while we're proud of the work we have done at
Sharecare to improve Georgia's
year-over-year ranking on the national well-being index from No. 31
to No. 23, we're just getting started; and having companies like
Aflac support our mission stands to have a transformative impact on
our business, our state and the health industry at-large."
As the leading digital health company that helps people – no
matter where they are in their health journey – dynamically and
easily manage all of their health in one place, Sharecare's mission
is to help each person build a longer, better life by enabling
health transformation at the individual, organizational and
community level. Through its comprehensive mobile platform,
Sharecare enables people to go from assessment to action and
connect to the personalized information, evidence-based programs,
benefits, community resources and health services they need to live
their best lives.
"Our strategic investment in Sharecare is indicative of our
continued focus on growth-stage, innovative and scalable companies,
and well aligned with our overall strategy to partner with
companies whose missions are relevant to Aflac's core business,"
said Nadeem G. Khan, president of
Aflac Corporate Ventures. "Working with Sharecare affords us the
additional opportunity to invest proudly in a Georgia-based business and play an even bigger
role in helping improve the overall health and well-being of
everyone."
The reach of Sharecare's investors extends from the living room
to doctors' exam rooms and into the workplace. In addition to Aflac
Corporate Ventures, the Company's strategic investors include
hospitals, health care investment firms and health plans, in
particular, HCA, Trinity Health, the Heritage Healthcare Innovation
Fund and CareFirst; media companies Discovery Communications, Harpo
Productions and Sony Pictures Television; high growth technology
investment firms such as Claritas Capital; noted crossover fund
Wellington Management; Quest Diagnostics; Wells Fargo; and Swiss
Re, one of the world's largest reinsurance providers. Since its
founding, Sharecare has raised more than $425 million in total capital.
Goldman Sachs & Co. LLC acted as financial advisor to
Sharecare.
About Aflac
When a policyholder gets sick or hurt,
Aflac pays cash benefits fast. For more than six decades, Aflac
insurance policies have given policyholders the opportunity to
focus on recovery, not financial stress. In the United States, Aflac is the leader in
voluntary insurance sales at the worksite. Through its trailblazing
One Day Pay(SM) initiative, for eligible claims, Aflac U.S. can
process, approve and electronically send funds to claimants for
quick access to cash in just one business day. In Japan, Aflac is the leading provider of
medical and cancer insurance and insures 1 in 4 households. Aflac
insurance products help provide protection to more than 50 million
people worldwide. For 12 consecutive years, Aflac has been
recognized by Ethisphere as one of the World's Most Ethical
Companies. In 2018, Fortune magazine recognized Aflac as one of the
100 Best Companies to Work for in America for the 20th consecutive
year and included Aflac on its list of World's Most Admired
Companies for the 17th time. Aflac Incorporated is a Fortune 500
company listed on the New York Stock Exchange under the symbol AFL.
To find out more about Aflac and One Day Pay(SM), visit aflac.com
or aflac.com/espanol.
About Sharecare
Sharecare is the digital health
company that helps people manage all their health in one place. The
Sharecare platform provides each person – no matter where they are
in their health journey – with a comprehensive and personalized
health profile where they can dynamically and easily connect to the
information, evidence-based programs and health professionals they
need to live their healthiest, happiest and most productive lives.
In addition to providing individual consumers with direct access to
award-winning and innovative frictionless technologies,
scientifically validated clinical protocols and best-in-class
coaching tools, Sharecare also helps providers, employers and
health plans effectively scale outcomes-based health and wellness
solutions across their entire populations. To learn more, visit
www.sharecare.com.
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