Allay Receives $3,400,000 Seed Round

  • Feed Type
  • Date
    10/22/2015
  • Company Name
    Allay
  • Mailing Address
    Undisclosed San Francisco, CA 94107 USA
  • Company Description
    Allay enables companies to work with the broker of their choice to do online, paperless health insurance purchasing, and full HR and benefits administration.
  • Website
    http://www.allay.io
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,400,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The new funding will allow the company to expand more aggressively in the U.S. health insurance market.
  • M&A Terms
  • Venture Investor
    BlueCross BlueShield Venture Partners
  • Venture Investor
    Sandbox Industries
  • Venture Investor
    500 Startups
  • Venture Investor
    Arnold Capital