Employee Navigator raised a $34 million growth equity round for its benefits and HR platform. The firm works with insurance brokers, payroll providers, and benefits administrators. The benefits market in US has a massive spend and any efficiency to the process or differentiator within the ecosystem has room for growth.
The benefits category saw $258 million invested in 2020. Get the details in the 2020 Global HR Tech VC Lookback.
Source: Employee Navigator Raises $34M in Equity Financing | FinSMEs