
Allay
Founded Year
2014Stage
Acquired | AcquiredTotal Raised
$3.46MAbout Allay
Allay operates as a platform for benefits brokerage firms. It enables companies to work with the broker of their choice to do online, paperless health insurance purchasing, and more. It was founded in 2014 and is based in Englewood, Colorado. In February 2020, Allay was acquired by Novo Benefits.
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Expert Collections containing Allay
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Allay is included in 3 Expert Collections, including HR Tech.
HR Tech
4,043 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Insurtech
2,986 items
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
8,123 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Allay News
Aug 19, 2021
August 19, 2021 11:03 AM Eastern Daylight Time PORTLAND, Ore.--( BUSINESS WIRE )--Hemp, CBD, THC-cannabis and psilocybin compliance consulting firm Allay today announced a first-of-its-kind partnership with Cannabis Connect Insurance (CCI) to offer discounted rates to cannabis companies working with Allay to gain critical safety certifications. “In all other industries, access to insurance discounts for companies actively mitigating risk are quite common,” said Kim Stuck, CEO and Founder of Allay. “We believe in cannabis normalization and have searched for a partner who is willing to place cannabis on the same playing field. By offering these discounts, we’re promoting safe business practices that elevate the entire industry.” As companies pursue various certifications through Allay such as current good manufacturing practices (cGMP), quality management (ISO 9001) and food safety (ISO 22000), CCI applies account-level credits to save up to 10% of the insurance costs. CCI provides business insurance and risk management services to licensed cannabis operators. “For our clients, this unique partnership is a match that is fortuitous—Allay helps companies mitigate risk while we find the right insurance for the right price,” said Danny Bozzuto, Co-founder of CCI. About Allay Consulting Whether your business involves CBD, THC or both, Allay Consulting serves the hemp and cannabis industries to ensure regulatory compliance across all operations. We work with cultivators, manufacturers, retailers, investors and other stakeholders across the U.S. to develop customized strategies and avoid compliance pitfalls. Drawing from years of experience working on the regulatory side of the equation, our team is well-versed in rulemaking lingo and best practices, from product and food safety, to cGMP and ISO certifications, to OSHA and fire compliance, to due diligence audits. Comprehensive knowledge of evolving regulations and unwavering attention to detail are central to Allay Consulting. We put your compliance worries to bed so you can focus on your products and services. Learn more at AllayConsulting.com . About Cannabis Connect We are a team of insurance professionals committed to serving the cannabis community in an ethical and informed fashion. We are passionate about cannabis and have dedicated our practice to ensuring cannabis business owners have quality insurance. We are proud members of multiple cannabis industry associations and are actively involved in educating businesses about insurance, loss control, and quality coverage. Contacts
Allay Frequently Asked Questions (FAQ)
When was Allay founded?
Allay was founded in 2014.
Where is Allay's headquarters?
Allay's headquarters is located at 11755 E Peakview Avenue , Englewood.
What is Allay's latest funding round?
Allay's latest funding round is Acquired.
How much did Allay raise?
Allay raised a total of $3.46M.
Who are the investors of Allay?
Investors of Allay include Novo Benefits, 500 Global, The Blue Venture Fund, Geoff Entress, Thomas Korte and 8 more.
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