Mployer Advisor Secures $1.6 Million in Seed Round Funding to Revolutionize the Insurance Broker Marketplace
Summary
NASHVILLE, Tenn.--(BUSINESS WIRE)--Mployer Advisor, the leading independent platform for employers to research, review and evaluate insurance brokers, announced today that it has secured an additional $1.6 million in funding from Martin Ventures and other well-known investors. This new round of funding will enable Mployer Advisor to deploy new features on its platform, hire additional leadership roles and expand its insurance broker and carrier network. "Mployer Advisor is changing the way employers purchase over $1 trillion in benefits each year,” said Devin Carty, CEO of Martin Ventures. To accommodate its growing workforce, Mployer Advisor recently opened a new office inside Cummins Station in downtown Nashville. Mployer Advisor has established itself as a trusted, free-to-use marketplace for businesses to access information and insights on brokers and benefit plan design.