Clasp Raises $1.5M in Initial Funding


Clasp, a NYC-based provider of a modern employee benefits infrastructure, raised $1.5M in initial funding.

Backers included

  • Base10 Partners
  • Eric Stromberg
  • Andrew Brown
  • Willem Van Lancker

The company intends to use the funds to expand operations and its development efforts.

Co-founded by Amar JasarbasicĀ andĀ Zach Zhang, Clasp is building modern employee benefits infrastructure. Its Benefits API is used by HR and payroll platforms and brokers to power the entire health benefits experience for employers and employees in their apps. From health plan selection and digital enrollment to automating payroll deductions and ACA compliance, Clasp enables developers to build out benefits administration functionality, including support purchasing, enrolling, and administering employee benefits, from the beginning.