CORRIDOR RAISES $16M FOR AI HEALTH BENEFITS PLATFORM
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Corridor, an NYC-based AI health benefits broker for small businesses, secured $16 million in seed funding led by Bain Capital Ventures. The round follows a $9 million pre-seed.
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Corridor has raised $25M in seed funding to build a health benefits brokerage targeting small and medium-sized businesses. The startup targets a market segment traditional brokerages largely ignore due to lower commission potential.
Unit1, a UK music tech startup, has secured £15m ($20m) in funding to recreate classic concerts using hyper-realistic digital avatars of living and deceased artists. The company aims to offer a lower-cost alternative to immersive shows like Abba Voyage.
The Pentagon has distributed a major drone contract among nine startups, including Eric Schmidt's Perennial, with the requirement that all components be sourced from outside China.
Adaptive, an accounting software provider for construction contractors, secured $30 million in Series B funding led by Tidemark. The round brings the company's total funding to $57 million.