• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    CA
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Cloud based HR management software & insurance brokerage services for small and medium businesses. It helps employees to understand their benefits and self-manage their HR information.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Sokanu
PRIMARY PROBLEM SOLVED:
Allay enables companies to work with the broker of their choice to do online, paperless health insurance purchasing and full HR and benefits administration.

PEOPLE

FOUNDERS:
Andrew Draper, Julien Emery
Board Members and Advisors:
Chad Nitschke
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
500 Startups, AngelPad, BlueCross BlueShield Venture Partners, Geoff Entress, Insure.VC, Ryan Holmes, Sandbox Industries, Silicon Badia, Switch Ventures

TRACTION

VALUATION / MARKET CAP:
$22.67 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$3.46 Millions
DATE OF LAST FUNDING:
Oct 2015
SEED & PRIOR FUNDING:
$3.46 Millions
SEED CLOSED ON:
Oct 2015
LISTED:
NO

LATEST RESEARCH