Underwriters often hold the keys to understanding the employee benefits industry. They assess demographics, industry, plan design, and claim history to determine the pricing, offer, and conditions of quotes submitted to brokers, which become deciding factors when employers choose their benefit plan.
We've raised $45 million in Series B funding led by Accel, with participation from our existing investors at Emergence Capital, Equal Ventures, and First Trust Capital Partners, to continue scaling the first Benefits Placement System. This funding milestone accompanies several other business accomplishments we’re proud to share today.