CarrotFive years ago when Tammy Sun was starting fertility treatments, she quickly realized how naive she had been to assume her employer-provided insurance would cover the costly process. But the process left a question in her mind: was there a way to make this care more affordable and accessible? The round was mainly equity, with a little debt as well, to bring the startup’s total funding to $115 million. “This is still an evolving and new space for benefits and benefits management,” says Thompson who was introduced to Carrot by U.S. Venture Partners. The company also offers a “Carrot Card” program, which includes preloaded debit cards, to make the benefit more financially inclusive.

Source: Forbes August 17, 2021 12:56 UTC