Stretchdollar

Small business health benefits

United States · $6.0M raised

Employees
11–50
Business Model
B2B
Total Funding
$6.0M
Last Round
$6.0M SeedDec 2024
Rounds
1

About

StretchDollar is a platform that helps small businesses offer health benefits without becoming insurance experts. Employers control their budget while employees choose individual coverage that fits their lives and have premiums reimbursed tax-free. Co-founders Marshall Darr and Kaiza Molina built the company after years at Gusto helping small businesses that wanted benefits but could not make traditional group insurance work because it was too expensive, the team was too small, or employees needed different coverage. The platform uses Individual Coverage Health Reimbursement Arrangements so small businesses can provide pre-tax funding and licensed advisors can guide employees to a plan.

Summary

Stretchdollar is a Fintech company based in United States. It has raised $6.0M in total across 1 round, most recently a $6.0M Seed round in Dec 2024. Investors include Fika Ventures, Oscar Health and Precursor Ventures.

Tech & App Stack

7 technologies & apps tracked

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Funding History

SeedSeed RoundDec 2024
$6.0M

Investors

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