Summary
Origin has officially launched its platform designed to revolutionise the global benefits industry, backed by a $21 million Series A funding round. Led by Felix Capital, the funding will aid in expanding Origin’s reach and capabilities, by offering HR and benefits teams enhanced visibility and strategic management of benefits spending. Origin aims to tackle the inefficiencies in the benefits space using its AI-powered tool, Cuido, which structures fragmented data into actionable insights.
Key Points
- Origin is the first Global Benefits Intelligence platform, designed to cut costs and optimise benefits management for HR teams.
- The company raised $21 million in Series A funding, valuing it at $106 million.
- Cuido™ is Origin’s groundbreaking AI tool that transforms unstructured benefits data into a centralised intelligence layer.
- Companies like Pfizer and Comcast have co-created and piloted Origin’s platform, yielding significant cost reductions and improved efficiencies.
- The funding will enable Origin to further expand in the US and Europe, enhancing its AI capabilities.
Why should I read this?
If you’re in HR or part of a benefits team, this article is a must-read. Origin is flipping the script in an industry that’s desperately in need of transparency and efficiency. Understanding how Origin’s platform can streamline processes and improve decision-making could save both time and costs for your organisation. We’ve done the digging, so you don’t have to!
