Private
5 months ago
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Nayya

AI Business
New York, New York, USA
funded over $100 million

Category

AI Business
HR

Nayya, founded in 2019 and headquartered in New York, is a technology company specializing in personalized benefits and insurance guidance. The company provides a platform designed to help employees make informed decisions about their healthcare and insurance benefits, streamlining the enrollment process, and managing benefits year-round. By leveraging artificial intelligence, data analytics, and machine learning, Nayya aims to simplify the complex world of healthcare benefits, improve the overall employee experience, and help employers maximize their benefits investment.

What sets Nayya apart is its data-driven, personalized approach to benefits selection and management. The platform aggregates data from a variety of sources, including healthcare claims, social determinants, and employee preferences, to provide personalized recommendations that meet the unique needs of each employee. This personalization helps employees navigate complex benefits choices more effectively and reduces the common problem of underutilized or mismatched benefits, resulting in better health outcomes and improved financial well-being. Nayya also offers tools for managing benefits throughout the year, helping users make smarter healthcare and financial decisions based on their ongoing needs and usage.

Nayya’s technology addresses several pressing issues in benefits management:

  1. Simplifying Benefits Enrollment: The platform guides employees through the benefits enrollment process, helping them select plans that best match their health, lifestyle, and financial needs. This reduces confusion and stress around choosing the right healthcare and insurance options.
  2. Improving Benefits Utilization and Satisfaction: With ongoing guidance based on user behavior and data, Nayya helps employees make use of the benefits available to them, enhancing satisfaction and value from their benefits package. This is particularly useful for preventing employees from enrolling in plans that don’t meet their actual needs.
  3. Cost Optimization for Employers and Employees: Nayya’s AI-powered recommendations help users avoid overspending on unnecessary coverage while also ensuring they are adequately protected, which can reduce overall healthcare costs. Employers benefit from lower healthcare claims and improved ROI on benefits.
  4. Streamlining Claims and Financial Decisions: Nayya’s tools provide actionable insights for managing healthcare expenses, tracking spending, and understanding out-of-pocket costs, helping employees avoid unexpected expenses and make smarter financial choices regarding healthcare.

Nayya has attracted several high-profile investors. Key investors include SV Angel, Felicis Ventures, Social Leverage, Guardian Life, Bowery Capital, and Cigna Ventures. These partnerships provide Nayya with both capital and strategic support to expand its platform and reach new markets.

Nayya operates within the Insurtech and Employee Benefits Technology sectors, with a focus on AI for Healthcare and Insurance. The company’s platform leverages Machine Learning, Predictive Analytics, and Personalized Data Insights to deliver customized benefits guidance and continuous health management. By focusing on the integration of AI and employee-centric benefits solutions, Nayya provides a valuable tool for navigating and optimizing healthcare decisions, empowering employees and supporting employers in managing health benefits more effectively.

 

 

Nayya is based in New York, New York, USA. Specializing in the AI industry, Nayya pioneers innovative solutions and advancements in artificial intelligence. Nayya, funded over $100 million, is well-positioned to drive significant impact and growth in the AI sector. For more information, please visit nayya.com.

 

 

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