SaaS that brings 'big company' benefits to the underserved low-wage, high-turnover employers and their employees.
Xiggit, a next-gen fintech startup modernizing benefits, delivers for the first time benefits down market. Xiggit’s new offering helps small and medium-sized businesses (SMEs) offer workers a broad set of high-value financial benefits. Xiggit is the first and only provider to offer SMEs a simplified provision of benefits that requests employers set a budget for employees. With Xiggit, employers with low budgets can offer “large company benefits'' to all workers, whether full-time, part-time, contract, gig worker or other classification. Xiggit reimagines the concept of ‘cafeteria-like benefits,’ blazing a new trail with plans to roll out an innovative approach that will provide a full buffet of benefits to help SMEs improve the financial wellbeing of their workers. The company was founded in 2019 and is headquartered in Palo Alto, California.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jan 1, 2021 | Non-Equity Assistant | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Newchip | — | Non-Equity Assistant |