Stride Health, a company that provides benefits for independent workers, has raised $23.5 million in a Series B financing round led by F-Prime Capital Partners, with participation from existing investors Venrock and New Enterprise Associates — as well as new investors, including Portag3 Ventures.
The additional capital will fuel the expansion of Stride Health’s benefits offerings, with an eye toward providing independent workers with additional support.
Launched in 2014, Stride Health’s M.O. is to give those independent workers the type of benefits security and peace of mind that is typically the province of those with traditional, full-time jobs. In addition to serving anyone self-employed — from real estate agents to artisans, plumbers and truck drivers — Stride partners with marketplaces and on-demand services including Care.com, DoorDash, Etsy, Instacart, Postmates, TaskRabbit and Uber, to support workforces with easy access to benefits.
Those benefits include health, vision and dental, along with tax deduction support.