Approximately 160 million Americans receive health benefits through work; however, employee healthcare costs are becoming a financial burden for many employers and this can negatively impact employees’ access to quality healthcare options. Centivo offers self-funded employers health plan solutions that are built to save 15% or more compared to traditional insurance carriers. AlleyWatch caught up with CEO and Founder Ashok Subramanian to learn more about Centivo’s growth since its pilot launch in 2019 in Florida and NY, future geographic expansion plans, and latest funding round from investors that include B Capital Group, Define Ventures, HarbourVest Partners, Nassau Street Ventures, Bain Capital Ventures, F-Prime Capital, Ingleside Investors, Maverick Ventures, and Rand Capital.
Rand Capital
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This Workforce Optimization Startup Just Raised a $5.1M Series B
If there’s any doubt at all in your mind about whether or not technology is starting to mature, 11-year-old Union Square-based Knoa Software just raised a $5.1M round for their workforce optimization software. Their patented software delivers real-time insights to make impactful decisions about workforce efficiency, optimization and employee motivation. In other words, they’re measuring […]