Nayya is a company.
Nayya has raised $69.0M across 3 funding rounds.
Key people at Nayya.
Nayya has raised $69.0M in total across 3 funding rounds.
Nayya has raised $69.0M in total across 3 funding rounds.
Nayya's investors include Atomico, Conviction Partners, Crossover, Felicis Ventures, Forerunner Ventures, Jeff Immelt, Vanessa Larco, Next Play Ventures, Transformation Capital, Aaron Levie, Errol Damelin, Joe White.
Key people at Nayya.
Nayya is an AI-powered benefits platform founded in 2019 that optimizes employees' health and wealth decisions by personalizing benefits selection and usage.[1][2][3] It serves employers, HR tech providers, and employees, solving the problem of confusing, underutilized benefits—where 1 in 3 workers don't understand their selections and two-thirds worry about medical bills—through tools like personalized recommendations during enrollment and proactive claims guidance year-round.[4][5] Nayya demonstrates strong growth momentum, ranking #180 on the 2025 Deloitte Technology Fast 500 and #1 rising U.S. insurtech by Insurtech Insights Future 50, fueled by integrations with HCM platforms, the Northstar acquisition, and expansions like its Benefits SuperAgent.[4][5]
Nayya was founded in 2019 by Sina Chehrazi (CEO) and Akash Magoon in a midtown Manhattan basement, born from frustration with the outdated benefits system amid rising reliance on employer-provided coverage (70% of Americans).[2][4] Chehrazi, drawing from industry insights, aimed to use AI and data to simplify health and wealth navigation, evolving from early decision-support tools to a full platform handling enrollment, onboarding, claims, and spending optimization powered by billions of data points.[1][4][5] Pivotal moments include rapid scaling, key partnerships, and recognitions like the 2025 Deloitte Fast 500, marking its shift to agentic AI that acts on users' behalf.[5]
Nayya rides the insurtech and HR tech wave, capitalizing on AI advancements to disrupt a legacy benefits market strained by employee overwhelm and employer demands for ROI amid rising healthcare costs.[2][4][5] Timing is ideal post-pandemic, with agentic AI enabling proactive, personalized experiences where traditional systems fail, influencing the ecosystem by partnering with HCM giants and carriers to embed intelligence everywhere employees work.[3][5][8] As benefits become a key retention tool, Nayya sets standards for data-driven personalization, unlocking value across the $1T+ U.S. employer benefits spend and accelerating AI adoption in HR.[1][2]
Nayya is poised for explosive scale, deepening agentic AI capabilities like its SuperAgent to handle complex health-wealth intersections while expanding integrations and global reach.[3][5] Trends like AI ubiquity in workplaces, regulatory pushes for transparency, and economic pressures on benefits spending will propel it, potentially evolving from a U.S. insurtech leader to a global platform redefining employee resilience. With its basement origins now fueling Deloitte-ranked growth, Nayya exemplifies how AI turns benefits chaos into thriving futures.[2][5]
Nayya has raised $69.0M across 3 funding rounds. Most recently, it raised $55.0M Series C in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $55.0M Series C | Atomico, Conviction Partners, Crossover, Felicis Ventures, Forerunner Ventures, Jeff Immelt, Vanessa Larco, Next Play Ventures, Transformation Capital, Aaron Levie, Errol Damelin, Joe White, Marissa Mayer, Robin Klein | |
| Jan 1, 2021 | $11.0M Series A | Battery Ventures, Boldstart Ventures, BoxGroup, Canaan Partners, Cedar Capital Group, Citi Ventures, Norwest Venture Partners, Plug & Play Ventures, Redpoint Ventures, Social Leverage, Theory Ventures, George Hu, Matt Carbonara | |
| Jun 1, 2020 | $3.0M Seed | Battery Ventures, Boldstart Ventures, BoxGroup, Canaan Partners, Cedar Capital Group, Citi Ventures, Norwest Venture Partners, Plug & Play Ventures, Redpoint Ventures, Social Leverage, Theory Ventures, George Hu, Matt Carbonara |
