Clasp

Clasp

AI-driven benefits administration for brokers

Overview

Preparing company summary.

Significant Headcount Growth

About Clasp

Simplify's Rating
Why Clasp is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Healthcare

Company Size

11-50

Company Stage

N/A

Total Funding

$1.5M

Headquarters

New York City, New York

Founded

2024

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Simplify's Take

What believers are saying

  • Beam partnered with Clasp on 2026-04-29 to sell ancillary benefits through payroll.
  • Clasp's docs were updated 2026-08-04, signaling active product development and implementation work.
  • Public 2025-2026 hiring posts show engineering and partnerships demand across thirteen roles.

What critics are saying

  • Clasp's 2026 moat depends on carrier and payroll partners who can tighten API access.
  • Rippling, Gusto, and Paychex already own payroll workflows; brokers can bypass Clasp by 2026.
  • If 2026 embedded-benefits adoption slows, Clasp's tiny funding base cannot survive a long sales cycle.

What makes Clasp unique

  • Clasp's 2026 API, SDK, and MCP server embed benefits administration into existing products.
  • Clasp integrates major carriers and payroll deductions, compressing enrollment and compliance workflows.
  • Clasp's white-label employer component lets brokers self-serve onboarding inside their own platforms.

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Funding

Total Funding

$1.5M

Above

Industry Average

Funded Over

1 Rounds

Angel funding comparison data is currently unavailable. We're working to provide this information soon!
Angel Funding Comparison
Coming Soon

Benefits

Health Insurance

Unlimited Paid Time Off

Home Office Stipend

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

14%

2 year growth

0%
AllBlogThings
Sep 18th, 2024
Clasp Secures Over $10 Million in Venture Round

Clasp secures over $10 million in venture round.

AlleyWatch
May 26th, 2024
#NYCtech Week in Review: 5/26/24 - 6/1/24

Clasp, an embedded HR benefits infrastructure and administrations platform, has raised $6.4M in funding according to a recent SEC filing funding from investors that include.

AlleyWatch
Mar 4th, 2024
The AlleyWatch Startup Daily Funding Report: 3/4/2024

Salvo Health, a care platform for those with chronic gastrointestinal conditions, has raised $5M in Seed funding led by City Light Capital and Human Ventures.

Axios
Feb 29th, 2024
Clasp, a SaaS platform for employee benefits infrastructure, raises initial funding of $1.5M

Clasp aims to improve the employee benefits experience, raises $1.5M

FinSMEs
Feb 29th, 2024
Clasp Raises $1.5M in Initial Funding

Clasp, a NYC-based provider of a modern employee benefits infrastructure, raised $1.5M in initial funding.

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