SimplyInsured

Simplifies health insurance for small businesses

San Francisco, California, United States

About SimplyInsured

SimplyInsured helps small businesses purchase health insurance by providing an online platform that streamlines the application process. Clients can receive instant quotes and complete applications in under 10 minutes, with easy integration into major payroll systems for managing employee deductions. The company earns commissions from insurance carriers, ensuring its interests align with those of its clients. SimplyInsured aims to offer efficient solutions and exceptional customer support to assist SMEs in navigating health insurance.

San Francisco, CaliforniaHeadquarters
2012Year Founded
$8.3MTotal Funding
SERIES_ACompany Stage
Fintech, HealthcareIndustries
11-50Employees

Benefits

Medical, dental, vision coverage
Stock options
Competitive salaries
Unlimited vacation
Casual work environment
Remote work opportunity
Company events
Flexible work schedule
Great tech equipment
Fun annual work anniversary perks

Risks

Competition from platforms like Gusto and Zenefits could erode market share.
Direct-to-consumer platforms may reduce demand for SimplyInsured's broker services.
Economic downturns could lead small businesses to cut back on employee benefits.

Differentiation

SimplyInsured simplifies health insurance with a user-friendly online platform for SMEs.
The company offers instant quotes and seamless payroll integration for easy management.
Exceptional customer support and advocacy set SimplyInsured apart in the insurance market.

Upsides

Increased demand for digital health solutions boosts SimplyInsured's digital-first approach.
Partnership with QuickBooks Payroll aligns with the trend of bundled HR services.
Regulatory changes favoring transparency align with SimplyInsured's mission to simplify costs.

Funding