15 fundings; $550M+ invested in NYC startups in the past week. NYC Tech News for the week ending 6/5 featuring news for Hungryroot, Stablix, and much, much more.
85% of employees indicated that they would welcome assistance when it comes to navigating their benefits in order to make educated choices. However, most HR and benefits teams don’t have the capacity to be a full-time resource in this regard, creating a significant pain point. Nayya is a software and data infrastructure startup that uses data science and AI to empower employees to make the right decisions, based on their individual circumstances, when it comes to choosing and managing their benefits. Sitting at the intersection of HR, insurtech, and big data, the company takes billion of data points, claims data, and combines them with other data integrations to present a data-driven engine that can be used for decisioning for enrollment, new employee onboarding, and ongoing claims management. Leveraging Nayya’s platform yields a better experience for employees and employers, while driving better financial outcomes for both. AlleyWatch caught up with CEO and Cofounder Sina Chehrazi to learn more about how Nayya is transforming the experience of selecting and managing benefits with AI, the company’s strategic plans, latest round of funding from investors that include SVB Capital, ICONIQ Growth, Felicis Ventures, Bow Capital, Social Leverage, SemperVirens, Guardian Strategic Ventures, Unum Business Ventures, and CNO Financial Group.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/4/2021 featuring funding details for Hungryroot, New Stand, and much more.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 12/12/20 featuring funding details for Kevel, Salt Security, Fairmarkit, and fourteen other rounds that you must know about.