Nayya secures investment from Workday Ventures

Nayya , a platform that helps employees better understand and choose their benefits, announced a new investment from Workday Ventures. This undisclosed funding will help Nayya enhance its tools to simplify the process of selecting and managing benefits, enabling employees to make more informed decisions.

Founded in 2019, Nayya has raised over $105 million from several investors, including ADP Ventures, Guardian Life, and Unum. It uses AI and data analytics to provide personalized benefits options, aiming to increase engagement and satisfaction among employees by making benefits easier to navigate. This investment will support Nayya’s growth and efforts to enhance the benefits industry.

“Nayya is transforming the way employees engage with their benefits, and we’re excited to support them in their journey. Our investment in Nayya reflects our shared commitment to enhancing the employee experience through innovative, data-driven solutions. We believe that Nayya’s approach will complement and elevate the benefits landscape, aligning with our broader vision of empowering both employees and employers.” – Barbry McGann, managing director and senior vice president, Workday Ventures.