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INTERNET | Internet Software & Services / HR & Workforce Management
allay.io

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Founded Year

2014

Stage

Acquired | Acquired

Total Raised

$3.46M

About Allay

Allay enables companies to work with the broker of their choice to do online, paperless health insurance purchasing, and full HR and benefits administration. Companies can ensure compliance with local and federal employment laws, never send paper or PDF on-boarding packages, have all their benefits plans in one place, and help employees understand their benefits and self manage their HR information.On February 21st, 2020, Allay was acquired by Novo Benefits, terms of the agreement were not disclosed.

Allay Headquarter Location

77 Van Ness Avenue Suite 101 #2026

San Francisco, California, 94102,

United States

Latest Allay News

Allay Consulting Partners with Cannabis Connect Insurance to Offer Businesses Insurance Discounts for Risk Mitigation

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

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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 6 Expert Collections, including HR Tech.

H

HR Tech

3,793 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

H

HR Tech Top Investors

85 items

I

InsurTech

1,630 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

F

Fintech

6,976 items

US-based companies

H

Health Plans & Benefits Management

690 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

D

Digital Health

10,285 items

Companies using/incorporating digital tech into health, wellness, and life science offerings. Includes cos operating within the hc, consumer health, and life science industries + tech vendors catering to them. Excludes cos exclusively focused on fitness/sports & performance

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