Planyear has built BEACON, an AI-powered platform designed to eliminate the manual, time-consuming tasks that dominate benefits consulting. The software handles client and employee inquiries, document processing, census data standardization, renewal workflows, RFP responses, and the creation of branded employee communications materials. Early adopters—six of the ten largest brokerage firms—report a 75 % cut in manual data entry, a 50 % faster renewal process, and nearly doubling their client capacity within a year. By freeing consultants from administrative work, the company aims to restore focus on strategic healthcare guidance and improve overall client experience. The benefits industry controls more than $1.4 trillion in annual healthcare spend yet still relies heavily on spreadsheets; Planyear targets this inefficiency with AI. Proceeds from its latest funding round will go toward expanding BEACON’s capabilities, hiring sales staff, and continuing rapid product development. Founded by industry veterans and headquartered in San Francisco, Planyear leverages deep domain expertise alongside technical innovation to modernize brokerage operations.

Total raised

$12M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2025