Ease, a San Francisco, CA-based HR and benefits software solution for small businesses, insurance brokers, and insurance carriers, raised $41m in Series C funding.
The round, which brought total funding to $70m, was led by Spectrum Equity with participation from existing investors Centana Growth Partners, Propel Venture Partners, Freestyle Capital, Compound Ventures and Upside Partnership. In conjunction with the investment, Vic Parker from Spectrum Equity will join Ease’s board of directors.
The company intends to use the funds to enable SMBs to leverage employee data to connect all their systems, as well as hire new talent, including the recent appointment of Mari Kemp to Senior Vice President of HR.
Ease’s mission to bring the benefits enrollment and management process online, eliminate tedious and complicated insurance paperwork, and increase employee access to their benefits information has become increasingly essential. With this latest round, Ease will
Led by David Reid, Co-Founder and CEO, Ease is an online benefits enrollment system built for insurance brokers and employers to manage benefits, onboard new hires, stay compliant, and offer employees one destination for all their human resources information. Started in 2012 in San Francisco by Reid and web and engineering architect Courtney Guertin, the company works with companies that range in size from as few as two to 250 employees and is now used by over 2,000 insurance agencies to improve their relationship with their 75,000+ clients and more than 2.5 million employees.
Ease has offices in Las Vegas, New York, Omaha and San Diego.