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Sana Benefits raises $20.8m in Series A funding

Texas based manager of self-funded insurance plans for small businesses raised $20.8m in Series A funding from Gigafund, Trust Ventures, and Mark VC.

“We save our customers 20 percent on what they would get on a traditional plan,” according to Young. “From the perspective of our client company. Self insured means technically the company is offering insurance and buying insurance itself.”

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insurtech, texas