StretchDollar Closes a Series of Seed Rounds at $6 million

San Francisco- and Pittsburgh-based startup StretchDollar has closed a $6M seed round to revolutionize health benefits for small businesses.

• Investor Participation: $6M seed round was led by Fika Ventures and Oscar Health, with contributions from Precursor Ventures and Springbank.

  "Fika Ventures is thrilled to back StretchDollar's mission to democratize healthcare access for small businesses through their innovative ICHRA platform that transforms a painful 100+ hour process into a 10-minute setup." according to Tianxiang (TX) Zhuo, General Partner (Fika Ventures")

• Partnerships: StretchDollar partners with Oscar Health and other carriers to expand access to affordable health insurance for America’s underserved small businesses and their employees.

• What’s Next: The funds will enhance StretchDollar’s self-service platform, making affordable healthcare more accessible to small businesses and their employees.

  "Small business owners didn’t start their companies to manage health benefits. We make it simple, giving employees choice while saving employers time and hassle." said StretchDollar Co-Founder and CEO, Marshall Darr.