NU Online News Service, May 21, 2003, 4:11 p.m. EDT – The Sprout Group, Menlo Park, Calif., has helped supply $5.5 million in capital for Evolution Benefits Inc., Avon, Conn.
Evolution sells the Benny Card system, a credit-card-like system for administering flexible spending accounts, health reimbursement arrangements and transportation management accounts.
Robert Patricelli, Evolution's chairman, joined Sprout in the latest round of funding, Evolution says.
