SaaS Platform Clasp Announces $1.5M Financing

February 29, 2024Client News

Gunderson Dettmer represented client Clasp, a SaaS platform for employee benefits, in its $1.5 million financing led by Base10. Clasp's application features include carrier integrations, plan enrollment and payroll deductions, enabling businesses to offer their customers a comprehensive and efficient benefits experience. The company will use the new capital to expand operations and its development efforts.

In the announcement of the transaction, Clasp CEO Amar Jasarbasic said, "We want to be the Stripe but for benefits.”

The Gunderson Dettmer deal team was led by Hozefa Botee and included Aliya Sanders.