The cost of healthcare is increasing rapidly and for employers, managing these costs is a significant hurdle. Many employers are opting to cut back on benefits that are offered to employers, saving on premiums but costing employees more per visit, which in turn, leads employees to become less likely to see doctors. This is a vicious cycle that ultimately increases overall costs over time and poorer health outcomes. Pasito is a data-driven benefits navigation platform that allows both employers and employees to optimize the benefits that are offered to ensure that the goals of providing a valuable safety net is balanced with managing costs. The platform covers the entire benefits spectrum; not just healthcare by integrating with a company’s HR data stack to ensure that employees are able to make informed decisions that are tailored to individual circumstances. Pasito estimates it can save up to $1M per year for a 1000-person company by reducing the 61% of employees that opt into benefits that are never used. AlleyWatch caught up with Pasito Cofounder and CEO Pauline Roteta to learn more about the business, the company's strategic plans, latest round of funding, and much, much more...
The largest organizations (1000+ employees) on average use at least 177 SaaS applications to run various parts of their operations. Each of these integrations represents a potential security risk as organizations entrust third-party vendors with sensitive data. This information security concern is addressed through SOC2, an auditing protocol built on five key principles to ensure vendors are appropriately managing and protecting the customer data and the data of their clients. Laika is an end-to-end compliance platform that enables software and tech providers to be fully compliant with all requirements through automation. In addition to SOC2, the platform also handles ISO 27001, GDPR, PCI DSS, and HIPAA requirements, making it versatile across a broad array of industry users. Compliance with enterprise requirements can be a daunting proposition for smaller providers that don’t have the internal resources to dedicate to compliance teams but absolutely critical if these companies want to sell into larger organizations. Laika allows companies of all sizes to offload this burden with an industry-leading and secure solution that brings down the cost of compliance and also is powerful enough to offer continuous monitoring as organizations scale, coupled with expert guidance along the way. AlleyWatch caught up with Laika Founder and Co-CEO Austin Ogilvie to learn more about the business, the company's strategic plans, latest round of funding, which brings the total funding raised to $98M, and much, much more...
AdvertisementLast week, Ukrainian journalist Dmitry Gordon commented during a discussion with Russian-born Israeli businessman Leonid Nevzlin that Iran manufactured drones in Uzbekistan. The comment...
We are excited to announce that we have acquired portfolio tracking and tax platform Accointing.com. This is the next step in our mission to equip investors with the best tools, data, and unparalleled insights for navigating the industry, and making data-driven decisions in digital asset markets.