EaseCentral Raises $6.5M and Launches Two Offerings for Health Insurance: Interview with CEO David Reid

Funding Rounds

▤ Summary

EaseCentral, a cloud-based benefits enrollment software platform built for small and medium insurance brokers and employers, has announced a $6.5 million Series A round of funding led by Propel Ventures and involving current investors Freestyle Capital, Compound, Upside Partnership, and Transmedia Capital. The first is a free, employee-facing iOS mobile application that facilitates access to insurance cards, health plan information, and paid time off days along with paperwork documentation like W9 forms. David Reid: Over one third of the workforce is made up of millennials and mobile devices are their preferred method for accessing the internet. Medgadget: Both of EaseCentral’s new offerings (ADP integration + mobile app) are specifically identified for health insurance brokers. We will also be launching more solutions that connect employer enrollment data directly to providers to improve the speed and accuracy of transactions.

$ Funding

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Amount $6.5M Total raised
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Date June 20, 2017 Announcement date
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Investors Propel Venture Partners, Transmedia Capital, Upside Partnership, Metamorphic Ventures, Freestyle Capital Lead investors
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Company http://www.easecentral.com Funded company

▥ Classifications

industries
InsurTech
applications
E-Commerce EDI Software

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▦ Linked Companies

EaseCentral
$10M to $25M