Zorro provides an end-to-end benefits administration platform that replaces traditional group plans with a defined-contribution ICHRA model, enabling employers to offer personalized healthcare stipends. The company uses thousands of data points, AI, and proprietary tools to help brokers and employees compare hundreds of plans and make recommendations in real time. Zorro reports exponential growth, with Zorro-initiated enrollments surpassing an 800% year-over-year increase for 2025, and over 75% of enrolled employees choosing plans based on platform recommendations without human intervention. On average, Zorro clients have saved over 20% on premiums versus traditional group plans. The platform also integrates payment and enrollment flows and aims to expand into ancillary benefits and financial planning tools to support health-to-wealth journeys. New capital will be used to scale operations, invest in people and processes, and accelerate the AI-powered platform and broker-facing ICHRA experience. Zorro provides a health benefits experience for employees, employers and brokers through a single, comprehensive platform. It analyzes employers’ benefit objectives to create predictable budgets and benefit allowances per employee or group. The company offers an end-to-end insurance management solution that makes administering benefits seamless and effective. Zorro also acts as a financial companion, analyzing employees' healthcare needs, family situation, risk tolerance and other personal characteristics to generate recommended benefit bundles. Recommended bundles include health insurance, supplemental coverages, specialized digital health solutions, and other financial value-add services. The company plans to use the $11.5M seed funding to expand R&D efforts and scale customer operations.

Total raised

$32M

Funding rounds

2

Latest round

Series A

Latest activity

Jun 2025