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Decent
Payroll, HR, and health insurance solutions
- 21-100 employees
- Fintech
- B2B
- HR
- Insurance
- SaaS
- Capitol District, Austin, TX
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Company mission
To make health insurance, HR, and payroll more affordable for startups.
-2% employee growth in 12 months
Our take
Large businesses are tackling healthcare needs in the workplace by providing employee health insurance plans, but this is often inaccessible to smaller businesses. These employee benefits rely on the employer assuming the financial risk of health care benefits, something that self-employed people and startups are usually unable to afford.
Decent provide self-insurance plans to small businesses, self-employed workers, and individuals that aim to be up to 40% more affordable than comparable options. The startup claim to achieve this by owning the health insurance plans themselves, cutting out the middle man to reduce administrative challenges, and reducing financial risk to employers.
What stands out about Decent is its focus on providing self-insurance coverage to any employee or self-employed worker despite the size of their business. In addition to providing affordable health insurance, their plans also include access to same-day appointments and 24/7 telemedicine services.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
- Health insurance
- Stock options
- Vision and dental insurance
Funding (2 rounds)
Sep 2020
$10m
SERIES A
May 2018
$8m
SEED
Total funding: $18m
This company has top investors
Leadership
Richard Luck
(COO/CTO)Richard has a long career as an experienced Founder & Executive. Most recently worked at Amazon as a Software Development Manager, and prior to that as a Senior Director at Napster