Corridor Raises $25M Seed to Bring Health Benefits Brokerage to Small Businesses
Corridor, a health benefits brokerage startup, has raised $25 million in seed funding. The company is specifically targeting small and medium-sized businesses (SMBs), a segment it says is frequently underserved by traditional brokerages. The reason for this neglect, according to Corridor, is that smaller accounts yield lower commissions compared to larger enterprise clients. The startup aims to fill this gap by providing dedicated brokerage services tailored to the needs of SMBs.
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