Exclusive: AI-powered benefits management platform Origin raises $30 million in new funding | Fortune
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Exclusive: AI-powered benefits management platform Origin raises $30 million in new funding | Fortune
"Origin's latest funding round, led by Notion Capital, brings the total raised in the past year to over $50 million, indicating strong investor confidence in its AI-driven platform."
"Chris Bruce emphasized that the idea for Origin emerged from recognizing how AI could finally solve the long-standing challenge of understanding global employee benefits spending."
"The founders of Origin, Chris Bruce and Pete Craghill, previously led Darwin, which dominated the non-U.S. global benefits administration market before its acquisition by Mercer."
Origin, a London-based startup, has secured $30 million in an extended Series A+ funding round, totaling over $50 million raised in the past year. The investment is led by Notion Capital, with participation from existing investors including Felix Capital and Acadian Ventures. Origin's founders, Chris Bruce and Pete Craghill, previously led Darwin, a benefits technology company. The startup aims to leverage AI to provide multinational companies with insights into their global employee benefits spending, addressing challenges faced in the past without AI.
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