The most agile and innovative companies will rely on AI-powered digital “coworkers” alongside creative humans to enhance productivity and increase profits. Roots Automation has built the first zero integration, self-learning Digital Coworker (pre-trained bot) that can perform a variety of common tasks found in Insurance, Healthcare, and Financial Services roles. Through interactions with human counterparts, the pre-programmed bots increase their capabilities and become more efficient, better at understanding the business, and eventually have the capacity to offset the work of four to eight individuals on average per bot. AlleyWatch caught up with CEO and Cofounder Chaz Perera to learn more about the company, how his time as Chief Transformation Officer at AIG provided the inspiration for the Roots Automation, and the company’s first funding round led by Vestigo Ventures.
SMBs have traditionally lacked the resources to build out robust benefits department forcing them to outsource benefit decisions to traditional brokers and bear an increasingly disproportionate burden in rising healthcare costs. Nava, an employee benefits brokerage founded by the founders of Hightower and Kareem Zaki of Thrive Capital, brings affordable healthcare to the 160M Americans who rely on employers for health insurance. With Nava, small-to-midsized businesses are equipped with the resources, tools, and expertise to deliver valuable yet accessible benefits to their employees, while driving down overall plan costs for the employer. AlleyWatch caught up with CEO, Cofounder, and repeat entrepreneur Brandon Weber to learn more about the genesis for Nava, the company’s mission to make healthcare more transparent, and the company’s recent funding round led by Thrive Capital.
For the millions of people in the US without health insurance, visiting the doctor for a routine checkup or when feeling under the weather can be a catastrophic expense. Mira allows people without insurance to receive preventative and urgent care at an affordable and accessible price point. The platform operates on a membership model with monthly dues ranging from $25 – $45. Members have access to a network of partner clinics that they can visit with an additional $99 fixed copay that includes the office visit, lab tests, and additional procedures at no extra charge. Mira’s offers 125 clinics, 1600 labs, and 60,000 pharmacies in its provider network. AlleyWatch caught up with CEO and Founder Khang T. Vuong to discuss how his personal experience with the American healthcare system as an immigrant inspired him to launch Mira, the company’s geographic expansion plans to new markets, and the recent round of funding
As online shopping takes a larger share of retail, the traditional opportunities for retailers to upsell extended protection plans are slowly disappearing. Clyde is an online extended warranty platform that integrates with the checkout process of e-commerce merchants, offering a seamless and integrated experience while adding a bit of margin for the retailer. This is especially important in e-commerce where margins are highly competitive. CEO and Founder Brandon Gell walks us through the business, its future plans, and recent round of funding led by Spark Capital.
Even Financial, the financial services search API that enables programmatic and native customer acquisition, has acquired SF-based LeapLife, the insurtech platform and digital life insurance agency. The terms of the transaction were not disclosed. “Even’s goal to evolve how financial institutions find and connect with consumers is not limited to loans or credit cards, but […]
Buying insurance is typically not a fun process and even with all the information that the internet provides at your fingertips, you may still feel lost in navigating all the offerings. Policygenius is the authoritative source that provides unbiased information on practically every form of insurance that you may need – whether it be life, […]
The passage of the Affordable Care Act revealed many gaps in the healthcare market and frustration has grown for consumer when thinking about having to deal with their insurers. Zipari saw this as the perfect opportunity to improve healthcare CX to lower healthcare costs across the system. Zipari achieves this through its customer experience platform for […]
The average, lifetime cost that pet owners pay to get their dog groomed can top out at a whopping $14,400. Routine preventative and wellness care for dogs is expensive and Wagmo developed a new type of pet insurance that covers day-to-day essentials including grooming and dental work. Wagmo offers three tiers of annual membership plans […]
CoverWallet, the digital insurance platform for small and medium-sized businesses, has been acquired by Aon, the global professional services firm providing a broad range of risk, retirement and health solutions. Terms of the transaction were not disclosed and the deal is expected to complete in early 2020. “We started CoverWallet to reinvent commercial insurance. By […]
Over the last few years, our team has been taking a close look at other ecosystems as we contemplate our expansion beyond our New York roots. Presently, we provide hyper-local tech coverage for London, Los Angeles, Paris, and Boston, in addition to New York through AlleyWatch. As a part of our research, we are chronicling […]
Black Bear Life simplifies life insurance through technology. Founders Brett Smith and Tim Stoner discuss how the company’s platform lets you suecure life insurance in less than ten minutes without health checks or blood tests.