
ConsumerOptix is a HealthTech/Insurtech company that provides an employee benefits platform called Accelerate Xplore. This platform aggregates all employee benefits into a single, easily accessible location and leverages AI, specifically GPT 4.0, to allow employees to ask natural language questions about their benefits. The company serves over 1,000 employers and nearly 40,000 employees nationwide. Its unique selling proposition includes enabling employees to acquire up to $2M in Term Life Insurance from multiple carriers in under 10 minutes via their phone. ConsumerOptix partners with existing benefits administration systems and HRIS platforms. Their business model focuses on driving broker commissions and insurance carrier premiums by boosting employee engagement, education, and enrollment.

ConsumerOptix is a HealthTech/Insurtech company that provides an employee benefits platform called Accelerate Xplore. This platform aggregates all employee benefits into a single, easily accessible location and leverages AI, specifically GPT 4.0, to allow employees to ask natural language questions about their benefits. The company serves over 1,000 employers and nearly 40,000 employees nationwide. Its unique selling proposition includes enabling employees to acquire up to $2M in Term Life Insurance from multiple carriers in under 10 minutes via their phone. ConsumerOptix partners with existing benefits administration systems and HRIS platforms. Their business model focuses on driving broker commissions and insurance carrier premiums by boosting employee engagement, education, and enrollment.
Product: Accelerate / Accelerate Xplore — employee benefits engagement platform with GPT-4–based Q&A and rapid term-life issuance
Customers: Claims to serve 1,000+ employers and ~40,000 employees
Founding: Founded 2018; headquartered in Dayton, Ohio
Funding: Seed round announced Aug 9, 2019; lead investor Accelerate Ventures; $750,000 reported
Employee benefits engagement, benefits education and enrollment, insurtech integrations for rapid life insurance issuance
2018
InsurTech; HealthTech; Employee benefits SaaS
750000.00
“Accelerate Ventures (lead investor on disclosed seed round)”