The round was led by Bain Capital Ventures, with participation from BoxGroup and executives from OpenAI, Scale AI, and Ramp. Corridor uses AI agents to handle administrative tasks like checking insurance networks and scheduling care, while human advisors assist customers.
The company targets small businesses that traditional brokerages often overlook due to low commissions. Co-founders include Jackson Wagner, Nikhil Aggarwal, Eric Qian, and Jason Dong. Corridor is preparing for Q4, when 80% of small businesses choose their health plans.