# StretchDollar

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

- Industry: Insurance
- Headquarters: San Francisco, US
- Website: www.stretchdollar.com
- Total disclosed funding: $6M
- Latest round: Seed (Dec 2, 2024)
- Investors on record: 4

## About

Based in California, US, and founded in 2023 by CEO Marshall Darr and COO Kaiza Molina, StretchDollar Inc. operates as a provider of insurance and employee benefit funds for users to manage health insurance. In December 2024, StretchDollar LLC raised USD 6 million in seed funding co-led by new investors Fika Ventures and Oscar Insurance Corporation.

StretchDollar Inc. developed a platform for users to get tax-free health insurance premiums. The company’s platform offers a variety of health plans and programs for companies and their employees. In addition, the firm’s platform allows users to choose their monthly budget for investing in health insurance and generates pre-tax funds monthly.

The company generates revenue based on a subscription method and charges USD 15 per employee monthly. 

The firm plans to use the funding from December 2024 to support the expansion of its platform.

## Funding rounds

- Seed, Dec 2, 2024, $6M — Oscar Insurance Corporation, Precursor Ventures, Fika Ventures, Springbank Venture Capital

## Investors

- Oscar Insurance Corporation — Seed
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed
- Fika Ventures (https://capitalatlas.ai/funds/fika-ventures) — Seed
- Springbank Venture Capital (https://capitalatlas.ai/funds/springbank-venture-capital) — Seed