Lifestyle benefits startup Fringe gets a pandemic increase, raises seed round
Employers today often utilize benefits to bring in new talent in the kind of discount rates and deals, commuter funds, health club subscriptions, childcare, totally free lunches and more. The pandemic has actually impacted what sort of in-office or other in-person benefits staff members can gain access to. That’s caused flourishing growth — — and now, a fundraise — — for a start-up […] The viewed worth for most workers is fairly small, offered the expense,” describes Fringe CEO Jordan Peace. Companies sign up for access to Fringe’s platform at a starting expense of $5 per staff member per month. It only allowed staff members to invest their employer-provided lifestyle advantages dollars on Fringe. By the end of 2020, Fringe had grown its customer base to over 70 employers, representing now over 12,000 users on its platform. Fringe believes the advantage of its market is that it can be customized to the user….
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