OS BENEFiTS
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OS BENEFiTS - overview
Established
2021
Location
New Orleans, LA, US
Primary Industry
Insurance
About
Based in Louisiana, US, and founded in 2021, Royal & Pelham Inc. , d. b. a.
OS BENEFiTS operates as an insurance company that focuses on providing health insurance plans with premiums, mental and physical wellness resources, family planning support, and crisis services to address the unique needs of hospitality teams. In December 2024, OS BENEFiTS raised venture funding from New Orleans Startup Fund, Momentum Fund, Boot64 Ventures, Resilience VC and Benson Capital Partners. OS BENEFiTS specializes in providing health insurance and wellness solutions tailored specifically for the hospitality industry. Their primary offering, OSB Health Insurance, is designed to protect the workforce of small businesses while remaining budget-friendly, ensuring access to ACA-compliant health insurance plans with low co-pays and monthly premiums.
The company serves a diverse client base within the hospitality sector, including restaurants, hotels, and catering services. In addition to health insurance, OS BENEFiTS provides a range of wellness benefits through its association membership, addressing the holistic needs of employees with mental health resources, family planning, and telehealth crisis support. The revenue model for OS BENEFiTS revolves around a subscription-based structure for its health insurance and wellness services. Clients, including hospitality businesses, enroll in OSB Health Insurance plans at competitive monthly premiums, leveraging the collective bargaining power of the group to access cost savings compared to traditional insurance providers.
The company plans to use its proceeds from December 2024 funding to accelerate its growth.
Current Investors
New Orleans Startup Fund, Benson Capital Partners, ResilienceVC
Primary Industry
Insurance
Sub Industries
Insurance Intermediaries, Health Insurance
Website
www.osbenefits.co
Verticals
InsureTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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