HomeIsraelZorro Raises $11.5M in Seed Funding

Zorro Raises $11.5M in Seed Funding

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Zorro, a New York- and Tel Aviv, Israel-based company providing health benefits experience for employees, employers and brokers, raised $11.5M in Seed funding.

The round was led by Pitango and 10D.

The company intends to use the funds to further expand R&D efforts and scale customer operations.

Founded by Guy Ezekiel and Maya Perl, Zorro analyzes employers’ benefit objectives to create a predictable budget and benefit allowance per employee or group of employees. It also provides an end-to-end insurance management solution that offers a single, comprehensive platform making administering benefits seamless and effective. Additionally, the company acts as a financial companion and analyzes employees’ healthcare needs, family situation, risk tolerance and other personal characteristics. It then generates a recommended benefit bundle consisting of health insurance, supplemental coverages, specialized digital health solutions, and other financial value-add services.

FinSMEs

31/03/2023

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