EaseCentral, a San Francisco, CA-based SaaS benefits & HR platform, closed a $6.5m Series A funding.
The round was led by Propel Venture Partners with participation from existing investors Freestyle Capital, Compound, Upside Partnership, and Transmedia Capital.
The company, which has raised $11.5m in total funding, intends to use the funds to continue to expand adoption of its HR online solution to every small and medium-sized business nationally, allowing its service to be accessed by brokers across the country, hire sales, engineering, and marketing people in all its three locations, grow its core product services including additional HR partnerships and electronic data interchange (EDI) integrations for brokers to streamline their services.
Co-founded in 2012 by David Reid, CEO, and Courtney Guertin, EaseCentral is a cloud-based benefits enrollment software platform built for insurance brokers and employers, which allows users to simply set up and manage benefits, onboard new hires, stay compliant, and offer employees a single dashboard for all their human resources information. The announcement coincides with the launch of two new offerings for health insurance brokers: an employee-facing mobile app and an integration with ADP enabling payroll functionality.
The company also has offices in San Diego, Las Vegas and is to open in NYC.
FinSMEs
20/06/2017