The Path Project Raises $14.3

benefitbay®

Benefitbay is the chosen platform for brokers, employers, and employees that supports secure SOC II Type II end-to-end ICHRA deployment for companies of all sizes. First available in January of 2020, ICHRA (pronounced ICK-RA), stands for Individual Coverage Health Reimbursement Arrangement. With ICHRA, employers can provide an allowance of tax free dollars to their employees who then use those dollars to shop for a health plan that meets their own specific needs. No more one-size-fits-all group package. Employers can provide wonderful health plans for their team, individually tailored to each person’s needs, with a fixed, predictable cost. Experts anticipate a seismic shift in the benefits industry from group to individual as ICHRA plans will become a critical company feature when recruiting top talent. The best candidates will expect the freedom and portability that ICHRA allows. They will expect to be able to change jobs without having to change doctors. And benefitbay is touted as the solution that will finally set this shift in motion by solving the inefficiencies that have slowed ICHRA adoption thus far. Benefitbay is the first-of its-kind, end-to-end solution that enables employers to easily model, deploy and oversee their ICHRA plans, in full compliance with regulation and with full confidence that their employees will have tools and support to select and enroll in the plan that’s right for them.

August Robotics

August Robotics is a global robotics platform company building autonomous robot fleets for construction, industrial, and large-scale infrastructure environments. We automate complex physical workflows through human-robot collaboration, helping teams execute critical tasks faster, safer, and with greater precision across global operations.

Aboard

Aboard is a business software platform driven by AI. We partner with you to build high-quality, data-driven software very quickly, at low cost.

CVRD Health

(Pronounced "Covered") CVRD brings together 35 years of government contracting expertise with 30+ years of technology-driven innovation to transform fringe benefit administration. Built on the belief that contractors and their employees deserve better, we're revolutionizing an industry weighted down by rigid processes and limited transparency. Our mission is clear: eliminate administrative burdens and maximize every benefit dollar for government contractors. With real-time insights, streamlined ICHRA administration, and an exceptional user experience, our platform sets a new standard. CVRD is not just optimizing fringe benefits — we’re reshaping what contractors should expect from their benefit partners.

20n Bio

20n Bio is a VC-backed start-up dedicated to designing and screening cyclic peptides for therapeutics. Launched in 2021 and located in Malvern PA, its mission is addressing unmet medical needs by leveraging high-throughput screening and computing to generate peptide drugs with desired biophysical, functional, and pharmacological properties.