The funding will help accelerate the company’s mission to modernize how employers provide health benefits and how employees choose them.
Founded in 2022, Zorro offers an alternative to traditional group health insurance by leveraging a defined contribution model. Employers set fixed budgets for healthcare stipends, while employees gain the freedom to select plans that best suit their individual needs. The platform enables brokers to compare group plans with Individual Coverage Health Reimbursement Arrangement (ICHRA) options in real time, simplifying the decision-making process for both employers and employees.
Zorro’s employee-facing tools also allow individuals to evaluate plans based on cost, coverage, and personal health profiles—empowering them to make more informed, tailored healthcare decisions. The model aims to strike a balance between cost control for employers and personalized choice for workers.
“Healthcare is not one-size-fits-all, and with skyrocketing plan costs, we’re past due for a viable alternative to traditional group coverage,” said Guy Ezekiel, Zorro CEO and Co-Founder. “Zorro is building a new future where health and wealth planning are integrated, giving employers budget predictability without sacrificing quality and individuals the autonomy to make smart, personalized decisions for themselves and their families.”
Avi Eyal, Managing Partner at Entrée Capital, said the investment reflects strong confidence in Zorro’s potential to reshape the future of employee benefits. “Zorro’s groundbreaking technology is already helping employers to break free from traditional group plan constraints and empowering employees to select health plans that align with their preferences,” Eyal noted. “However, this investment is about more than healthcare administration; Zorro is leading the next wave of benefits innovation and transforming how individuals manage their financial futures.”
With this latest round of funding, Zorro plans to expand its platform capabilities and grow its customer base, with an eye toward broader financial planning tools that extend beyond healthcare. As the benefits landscape shifts toward greater personalization and flexibility, Zorro is positioning itself at the forefront of a more employee-centric future.
