Corridor Raises $25 Million Seed Round to Build Health Benefits Brokerage for Small Businesses
The startup says traditional brokerages often overlook small and midsize businesses because smaller accounts generate lower commissions, TechCrunch reports.
Corridor, a startup building a health benefits brokerage aimed at small and midsize businesses, has raised a $25 million seed round, according to TechCrunch.
TechCrunch reported that Corridor is targeting SMBs specifically because it says traditional brokerages often overlook them, as smaller accounts tend to generate lower commissions than larger corporate clients.
TechCrunch's report did not name the round's lead investor or provide additional details on Corridor's current customer base.
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EGazette summarizes reporting from multiple sources; follow the links for the originals.
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