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Zizzl

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State-of-the-art ICHRA solution helping employers offer budget-friendly, hassle-free health insurance to employees

Milwaukee, United StatesFounded 2016Fintech
Valuation $25–50M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Zizzl and the history behind them.

About Zizzl

zizzl health offers an end‑to‑end platform for administering Individual Coverage Health Reimbursement Arrangements (ICHRA), a rapidly growing alternative to traditional employer‑sponsored group health plans. By combining digital enrollment tools with robust back‑end administration, zizzl health helps employers stabilize their benefits costs while giving employees the freedom to choose individual coverage plans tailored to their needs. Its solution is designed to simplify a historically complicated process: employers define a fixed monthly reimbursement budget, and employees select their own individual health plans using zizzl’s online decision support tools. Contributions beyond the employer’s amount are deducted pre‑tax via payroll, delivering both financial savings and tax advantages.

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The company positions itself as a modern alternative for brokers and businesses facing escalating premium hikes and administrative burdens. zizzl health emphasizes smooth implementation and compliance, supporting employers across different legal structures—including ACA, COBRA, ERISA, and HDHP regulations—while ensuring technical interoperability through its adoption of LIMRA Data Exchange (LDEx) standards. This makes it easier for brokers and insurers to integrate with zizzl’s infrastructure, placing it at the forefront of benefits technology. Recent leadership hires in sales, legal and compliance further indicate its maturing capability to scale and support complex benefit environments.

The platform serves a range of employers, from small to larger enterprises, and includes live support and a toolkit for brokers to co‑brand materials, run cost analyses, and execute a seamless rollout. zizzl health’s messaging highlights measurable results—customers commonly report savings of 20 percent or more on benefits renewals and high levels of employee satisfaction. By reframing the traditional benefits model around consumer choice and employer cost predictability, zizzl health positions itself squarely in the emerging HealthTech and InsurTech ecosystem, bridging technology and personalized healthcare access.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Milwaukee, United States
Employees
112
Open positions
None listed
Dealroom signal
90.4/100
Industry
Health, Fintech
Sub-industry
Insurance
Sector
Fintech, Human Resources, Employee Well-Being, Insurtech Distribution and Brokerage, Health Insurance, LandH Insurance, Employee Benefits
Business model
SaaS
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC May 2025 $10M $40M Undisclosed ↗
SERIES A✓Equity / VC Feb 2024 $3.2M $13M Undisclosed ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Zizzl website traffic

Latest recorded traffic for Zizzl is 11K monthly website visits, down 31.3% over the last three months. Zizzl's team grew 64.7% over the past year.

Latest monthly visits11K 3-month web change-31.3% 1-year team growth+64.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • CSA Partners

Other known investors1 additional known investor

  • Arthur Ventures
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Zizzl on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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