Indemn, a conversational AI platform for self-serve insurance experiences, has raised $1.9M in Pre-Seed funding led by Markd.

Benepass, an employee benefits startup, has raised an additional $20 million in funding to enhance benefits solutions

With Benebot, Benepass harnesses Gen AI to deliver a brand-new approach to user benefits education and support as well as benefits administrationNEW YORK, Nov. 8, 2023 /PRNewswire/ -- Benepass , a modern benefits platform for people-forward companies, today announced Benebot, a Gen AI conversational agent that will be built into the Benepass platform. Combining Benepass's huge horizontal dataset with specific data about a given employee, Benebot allows for a dramatically reinvented user experience that is proactively helpful in navigating the complexity of benefits programs. For benefits administrators, Benebot also gathers important insights into their own employees' benefits usage to help admins identify and respond to important benefits trends."Dominated by IRS rules and corporate policies, one of the inescapable challenges of corporate benefits is that they are complicated. The problem is compounded for both employees and employers by an outdated, legacy education and support model," said Jaclyn Chen, CEO, Benepass. "We believe AI provides a new path for companies to support and educate employees and for benefits program administrators to explore, analyze, and extract valuable insights from that data for the first time."Now in beta and expected to be available to Benepass customers in Q1 2024, Benebot will offer the following features to employees and benefits program administrators:For employees, Benebot will give employees the answers they need about their pre- and post-tax benefits accounts at their fingertips