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Vericred Announces Expanded Omaha Operations Following $23 Million Series B Funding

Vericred Announces Expanded Omaha Operations Following $23 Million Series B Funding thumbnail

OMAHA, Neb., July 7, 2021 – New York City-based Vericred, a data platform powering digital experiences in health insurance and employee benefits, today announced plans to expand operations in Omaha.

The InsurTech platform, which recently completed $23 million in Series B funding, said the Omaha location will support the doubling of Vericred’s workforce, by adding an expected 30-40 highly skilled positions in the Metro. Vericred has hired a husband and wife—Matthew Leonard and Val Leonard, both formerly of Blue Cross Blue Shield of Nebraska—to lead its carrier and Omaha-based enrollment teams, respectively.

“As a technology, insurance and financial services hub, Omaha is a natural fit to support Vericred’s growth,” said Michael W. Levin, CEO and co-founder of Vericred. “We considered locations throughout the U.S. for our enrollments operations, and landed on Omaha, because of its insurance-industry talent, its emerging startup scene and its reputation as an incubator of innovation.”

Vericred’s entry into the Omaha market was facilitated by a public-private collaborative of stakeholders, including the Greater Omaha Chamber Economic Development Partnership, a seven-county collective representing 44 percent of Nebraska’s population, and more than 60 percent of the state’s GDP.

“We are pleased to welcome Vericred to Omaha and are roundly impressed with the remarkable progress they’ve made during a pandemic economy,” said David G. Brown, president and CEO, Greater Omaha Chamber. “Vericred scouted office locations, signed a lease and hired Omaha leadership, all remotely.”

Omaha, ranked the best city in Nebraska to get a job in 2021, according to Zippia, has outpaced the nation in finance-and-insurance-industry growth for the past six years, increasing at a rate of 26.2 percent compared to national average of 7.1 percent.

“We’re happy to be in Omaha, and ready to hire across our enrollment operations, engineering, sales, and carrier relations teams,” Levin said.

About Vericred

Vericred is the way health insurance carriers and employee benefits providers connect with new technology partners to deliver seamless quote-to-card consumer experiences. We are not the websites or apps you use to choose a plan or find a doctor. We are the infrastructure. We are the ‘pipes’ that simplify the complex exchange of quoting, enrollment and eligibility data between carriers and the technology partners responsible for delivering health and employee benefits to hundreds of millions of Americans everyday. Our APIs transmit billions of data points between InsurTech and insurance carriers, powering digital distribution across the insurance industry. Come join the community of insurance geeks creating a seamless digital quote-to-card experience.

About the Greater Omaha Chamber Economic Development Partnership

The Greater Omaha Chamber Economic Development Partnership (https://www.omahachamber.org/economic-development/) represents a seven-county area from two states (Nebraska and Iowa) that includes Cass, Dodge, Douglas, Otoe, Pottawattamie, Sarpy and Washington Counties.

About Greater Omaha

Greater Omaha is a No. 1 ranked up-and-coming-tech hotspot, a “top 10 best place to live on a $60,000 salary” and was named America’s No. 2 Best Small City by Resonance Consultancy. The region is a top-five “most remarkable waterfronts in the U.S.” and is home to more than 30 communities and nearly 1 million people.

About the Greater Omaha Chamber

The mission of the Greater Omaha Chamber is to champion a thriving business community and a prosperous region through visionary leadership and collaboration.