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Venture Capital News: SimplyInsured Closes $750K

2013-10-03
MOUNTAIN VIEW, CA, Online health insurer has closed $750,000.
According to published reports, SimplyInsured has closed $750,000 to help small businesses navigate the changing landscape of costs, taxes, fines, and regulations surrounding health insurance.

Investors include Y Combinator, Altair Capital, founders of NerdWallet Jake Gibson and Tim Chen, Waseem Daher, Jeff Arnold, Amee and Adil Chaudry, Sam Melamed, and Matt Huang.

SimplyInsured is simple, no-hassle health insurance for small businesses. Our streamlined health insurance manager is 100% online, explained in plain English, and will save you money on your health insurance. We want to save you money - companies save on average $500-$1000 per year (per employee!). All the forms and paperwork are handled automatically and paperlessly. We analyze thousands of insurance policies to find the best coverage, price, and value for your personalized situation.
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