Stride, a San Francisco, CA-based portable benefits platform for independent contractors, raised an undisclosed amount in additional funding from Moderne Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to bring its portable benefits to real estate agents nationwide in partnership with Moderne, and to continue expansion of its benefits marketplace.
Led by Noah Lang, CEO, Stride provides a portable benefits platform for businesses, like real estate brokerages, to offer their independent contractors, part-time employees, and other non-benefited workers with access to health, dental, vision and life insurance, tools to track their income and expenses, and discounts on local goods and services. The benefits are accessible in a co-branded benefits hub and come at no cost to the business.
Since launching in 2014, the company has helped over 1.5 million workers save over $2 billion. Stride partners with work platforms and employers of non-benefited workers including Uber, Postmates, DoorDash, GrubHub, Rover, Care.com, TaskRabbit, Keller Williams so they can provide their workers with access to a full marketplace of health and wealth benefits and perks. The company is backed by Venrock, New Enterprise Associates, F-Prime Capital Partners, and Moderne Ventures.