Peerfit Receives $18 Million Investment to Expand Wellness Offerings

UF startup Peerfit has received an $18 million investment from private equity firm Virgo Investment Group, Palo Alto, California, opening the digital health company’s Series C funding round. As part of the investment, Virgo Managing Director Pooja Goel is joining Peerfit’s board of directors.

“Peerfit has identified a unique need in the employer wellness and Medicare space, building an offering that appeals to employees, seniors, employers, and health plans,” Goel said in a March 19 media release. “Peerfit’s culture immediately aligned with ours, and they share a similar belief in raising reputational capital [and] creating a partnership where we can disrupt and innovate. We are proud to partner with Peerfit and look forward to supporting their growth in every way possible.”

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