Trending: Amazon claps back at Elizabeth Warren over claims of anti-competitive behavior
FlexMinder CEO Lowell Ricklefs.

FlexMinder, a Seattle startup that helps healthcare administrators automate the insurance claims submission process, announced a $1.2 million Series A round on Tuesday.

Led by CEO Lowell Rickefs, FlexMinder aggregates the reimbursement process for healthcare flexible spending accounts, which allow employees to save money by putting pretax dollars — up to $2,500 for healthcare and $5,000 for childcare — aside to be spent on qualified items such as insurance deductibles, co-pays at the doctor, prescription drugs and more. The company’s software also lets individual customers see their healthcare claim information via a single portal.

The latest round, which comes from Seattle angel investor Rudy Gadre, Founders Co-op, AOA, WRF Capital and Walt Winshall, will be used to help support a substantial new contract recently signed.

Total funding for FlexMinder, a 2011 graduate of TechStars Seattle, is now up to $2.6 million. Here’s more about the company:

Like what you're reading? Subscribe to GeekWire's free newsletters to catch every headline


Job Listings on GeekWork

Web DeveloperRad Power Bikes
Industrial DesignerRad Power Bikes
Electrical EngineerRad Power Bikes
Find more jobs on GeekWork. Employers, post a job here.