What does Origin do?
Origin offers a global benefits intelligence platform that enables HR and benefits teams to strategically manage and optimize employee benefits. Its core product, Cuido, ingests and structures large volumes of data—including benefit policies, leave allowances, and vendor contracts—providing real-time insights to streamline vendor management and improve operational efficiencies.
How much did they raise?
The company secured $21M in a Series A funding round at a $106M valuation. The round was led by Felix Capital and included participation from Acadian Ventures, Notion Ventures, as well as individual investors such as Tudor Havriliuc, Paul Daugherty, Jacqui Canney, and Laura Modiano.
What are their plans for the money?
Origin intends to use the funds to drive international expansion in both the US and Europe while further enhancing the capabilities of its Cuido platform. This investment is expected to bolster the platform’s ability to deliver actionable insights, streamline benefits management, and drive overall operational improvements for its clients.
What have they achieved so far?
The company has already made significant strides with Cuido by providing HR and benefits teams with real-time data analysis to identify inefficiencies and improve decision-making, setting a solid foundation for its future growth.
