Sequoia Benefits
1850 Gateway Dr, Ste 700, San Mateo, CA, 94404, United States
Overview
Sequoia is a consulting company that provides payroll, risk management, and benefits solutions for employers. Sequoia offers a range of services to support companies, including Total People Investment (TPI), which focuses on optimizing workforce investments to address the significant budget allocated to employee-related expenses. They also provide PEO Services through Sequoia One, delivering outsourced HR and payroll support to help startups manage their HR functions and offer comprehensive benefits. Additionally, Sequoia offers specialized Advisory Services in compensation strategy and benefits management, assisting companies in aligning their employee offerings with their business objectives.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Employee Benefits
- Human Resources
- Medical
Investment portfolio
- Path
Participated · Equity · Oct 2019
Path offers employer-sponsored access to a network of specialized addiction-treatment providers, coordinating doctors, therapy and coach support for employees. The company is led by founder Josh Bruno, who previously started HomeTeam, with Gabriel Diop (partnerships) and Greg Moore (product). Path routes employer referrals to a clinical social worker for intake, taps addiction doctors in operating geographies, and aims to schedule assessments within 48 hours. It positions itself as a non-provider manager of a provider network and says it is paid only when members use the network. Path is talking with two Fortune 100 companies about deployments and describes its service as targeted and regional rather than national. The Los Angeles-based company says its model can reduce employers' healthcare costs by cutting out-of-network addiction treatment; it has raised $5.35 million to date.