# Clasp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clasp

- Industry: Software
- Headquarters: New York, US
- Website: www.withclasp.com/
- Total disclosed funding: $1.5M
- Latest round: Seed (Feb 29, 2024)
- Investors on record: 1

## About

Based in New York, US, and founded in 2023 by Amar Jasarbasic (CEO), and Zach Zhang, Clasp Inc. operates as an employee benefits platform that offers health benefits administration and interacts with payroll provider to handle benefit deductions automatically for each pay period. In February 2024, Clasp Inc. raised USD 1.5 million in venture funding led by Base10 Partners.

Clasp Inc. doesn't directly sell health insurance, but instead provides the technology for other businesses to easily offer it. The company do this through an API platform, which acts like a digital middleman. The company supplies the pre-built plumbing and electrical systems (carrier integrations and payroll deductions) that can seamlessly integrate into existing house (client's platform). The firm offers health insurance enrollment to customers directly, without needing to build everything from scratch.

The company plans to use the February 2024 funding to increase the scope of its development and activities.

## Funding rounds

- Seed, Feb 29, 2024, $1.5M — Base10 Partners

## Investors

- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Seed