StretchDollar, a startup founded in 2023, has raised $6 million in seed funding led by Fika Ventures and Oscar Health to simplify health benefits for small businesses. The platform enables employers to set up custom health benefits in just 10 minutes, utilizing Individual Coverage Health Reimbursement Arrangements (ICHRA) to streamline the process and reduce the burden of healthcare costs. StretchDollar aims to enhance access to affordable health insurance for underserved small businesses and their employees.
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