Toronto-based League is preparing to raise $100 million USD in growth financing after scaling its digital health platform to 58 million users. The 11-year-old startup, founded by serial entrepreneur Mike Serbinis, has pivoted twice to reach its current model—providing white-labeled platforms for insurers and governments.
Clients include Manulife, Telus, Quest Diagnostics, and Medibank. League’s recurring revenue has grown 42% year-over-year, with break-even targeted for 2026. With $225 million raised to date, Serbinis says the company is now in a strong position as market sentiment stabilizes. Expansion continues across the U.S., U.K., Middle East, and Australia.
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