Lively

A platform that provides health savings accounts (HSAs) and a suite of employee benefits, including FSAs, HRAs, and commuter benefits, to help individuals and companies manage healthcare spending and savings. It sells to HR teams, finance departments, and executives at small to large businesses, as well as to brokers and consultants who administer benefits for clients. The platform is delivered as a SaaS solution with an AI-powered administration platform, mobile app, and payment cards, and is positioned as a modern, fee-transparent alternative to traditional benefits providers.

Key features

• Automated file syncs and reconciliations
• Smart debit card with automatic fund routing
• Context-aware AI for missed reimbursements
• Fee-free HSA transfers and rollovers
• Investment options via Schwab and Devenir
• Mobile wallet integration for HSA funds
• Recurring and one-time contributions
• Plain-language reports for employers