Fringe, an HR tech startup enabling companies to offer customizable perks and benefits to employees, today announced that it raised $17 million in a funding round led by Origin Ventures and Felton Group. CEO Jordan Peace says that the proceeds will be put toward growing the team from 72 employees to more than 100 by the end of the year, developing product, and expanding Fringe to more countries. Peace started Fringe in 2018 with college friends Jason Murray, Isaiah Goodall, Andrew Dunlap and Chris Luhrman. Together, they sought to build a benefits platform that allows staff to pick and choose the perks that best meet their needs and life stage

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider today announced the launch of its Wellbeing Marketplace to help employers unlock flexibility and bring more choice in benefit offerings for their diverse workforce needs through a curated network of lifestyle benefits from a trusted source. With Alight’s Wellbeing Marketplace, employers can now provide their employees with access to 150+ services and experiences in over 50 countries that are aligned to employees’ unique life stages and personal needs, including services supporting:

Today, Navigate Wellbeing Solutions, the national provider of employee engagement and wellbeing solutions for organizations, together with lifestyle benefits company Fringe announced they are joining forces to improve employee engagement, happiness, and wellbeing amidst skyrocketing burnout rates.