Welcome Tech

What Welcome Tech does

Welcome Tech, Inc. (dba SABEResPODER) is a Los Angeles-based, Delaware-incorporated public benefit corporation that operates an AI-powered digital platform serving US immigrant communities, with a primary focus on the Hispanic immigrant population. The company runs the SABEResPODER community brand — distributed via web, mobile app, and SMS short codes — which reaches over 4 million community members with educational content, surveys, polls, community events, and a points-based rewards program (SEP Rewards) redeemable via the PODERcard prepaid debit card. At the center of the commercial offering is Welcome+, a subscription membership priced at approximately $30 per employee per month (~$1/day), inclusive of family, which bundles healthcare discounts (medical, Rx, dental, vision, mental health via Teladoc, fertility), financial tools, legal access, identity protection, and access to a proprietary jobs platform that profiles candidates by interests, skills, and ZIP codes.

The platform's technology stack combines the community engagement infrastructure with a proprietary demographic profiling engine and a digital wallet offering that has reported 2,200% growth. Sub-brands include PODERsalud (health), PODERseguros (insurance), and FarmaSEP (pharmacy); a credit card product was announced for launch in H2 2022. The company has raised approximately $80 million in disclosed funding across rounds from 2014 through August 2025, with investors including Mubadala Capital, SoftBank, Owl Ventures, TTV Capital, Crosscut Ventures, and Westbound Equity Partners.

Welcome Tech operates a dual-sided business model. On the consumer side, individual immigrants subscribe to Welcome+ for personal and family access to health, education, job, and financial benefits. On the enterprise side, Welcome+ is sold to US employers as an employee benefits and workforce retention tool, with the company claiming a 15% target reduction in employee turnover and a 15% retention uplift within the first 90 days, supported by year-round enrollment and bilingual (Spanish/English) service. The company targets the 88 million-plus immigrant household members in the US, who wield over $900 billion in annual buying power, and is led by co-founders Amir Hemmat (CEO) and Raul Lomeli (Chairman and Chief Community Officer).

Name

Welcome Tech

Legal name

Welcome Tech, Inc.

Website

https://welcome.tech

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Welcome Tech operates an AI-powered digital platform and subscription membership (Welcome+) serving US immigrant communities — primarily Hispanic — and the employers who hire them, delivering healthcare, financial, employment, and community services to over 4 million members.

Ownership category

akta.pro rank

Product category

Immigrant-focused Digital Benefits & Workforce Platform

NAICS

Employment Placement Agencies (561311), Employment Services (5613), Vocational Rehabilitation Services (6243), Custom Computer Programming Services (541511)

SIC

Services-Employment Agencies (7361), Services-Membership Organizations (8600), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Workplace & Career Integration for Immigrants (Credentialing, Job Readiness) (EDAAADAE)

akta.pro secondary industries

Internship/Apprenticeship Matching & Work-Based Learning Platforms (EDAFAMAL), Workforce & Job-Seeker Services (Community-Based) (EDAAAFAM), Employer/Member Engagement Platforms for Provider-Sponsored Plans (HLACAEAM), Occupational Health & Worksite Health Virtual Care (fit-for-duty, RTW) (HLALADAM)

Keywords

• Immigrant workforce platform
• Employee benefits platform
• Community engagement platform
• Digital wallet services
• Job matching platform

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Welcome+ Employer Subscription: Employers pay a per-employee monthly subscription (~$30/month, ~$1/day) for Welcome+ benefits covering healthcare discounts, financial tools, job matching, and family coverage for their diverse workforce.
2. Welcome+ Consumer/Individual Subscription: Individual immigrant households subscribe to Welcome+ membership for discounts on health services (medical, Rx, dental), job support, educational support, and community rewards — subscription-based for the whole family.
3. Financial Services Intermediation: Platform provides or facilitates access to financial tools including credit card products and digital wallet services, generating revenue through interchange, fees, or partner revenue sharing.
4. Healthcare and Financial Services Partnerships: Curated set of custom services including health services, vision, dental, fertility, mental health, legal access, and ID protection offered through partnerships, with Welcome+ enabling discounts and referrals.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Welcome Tech builds and operates an AI-powered digital platform that delivers the Welcome+ subscription membership, providing immigrant individuals, families, and employers with discounted health services (medical, Rx, dental, vision, mental health, telemedicine), financial tools (digital wallet, debit and credit card products), job matching through a proprietary jobs platform, and educational support. The platform is anchored by the SABEResPODER community brand, which engages over 4 million Hispanic immigrant members through SMS, web, and a mobile app, and serves as a workforce optimization tool for employers targeting reduced turnover and access to profiled immigrant candidates.

Product overview

Welcome Tech operates a multi-product platform serving immigrant communities, centered on the Welcome+ subscription membership for health, employment, and financial services. The ecosystem includes the SABEResPODER community platform with its SEP Panel research community and SEP Rewards program, the PODERcard debit card, a proprietary Jobs Platform with demographic profiling, and Digital Wallet Services. Additional offerings include PODERsalud health membership and a forthcoming Credit Card Product. The company also offers an employer-facing version of Welcome+ for workforce retention and recruitment. Total funding raised is $72.5 million across multiple rounds.

Differentiator

Problem solved

Functional benefit

Brands

• SABEResPODER: Main community platform brand serving the Hispanic immigrant community in the US
• PODERsalud
• PODERseguros
• FarmaSEP
• Welcome+

Products and services

• Welcome+ (Membership) A subscription membership that provides immigrant individuals, families, and employer-sponsored workforces with discounts on critical health services (medical, Rx, dental, vision, mental health, telemedicine, fertility), financial tools, job and educational support, and exclusive community rewards. Offered both as a direct-to-consumer family membership and as an employer-paid employee benefit priced at approximately $1/day per employee inclusive of family.
• SABEResPODER (SEP) Community Platform A community platform providing educational content, messaging, surveys, polls, community events, and confidential advice to Hispanic immigrant households in the US, available via web, mobile app, and SMS short codes. Functions as both a community engagement channel and a research panel generating data for personalization.
• Welcome+ Jobs Platform A proprietary job matching platform integrated with Welcome+ that gives employers access to millions of profiled immigrant candidates searchable by job interests, skill sets, and ZIP codes, with text-message-based simplicity for candidates.
• PODERcard Debit Card A prepaid debit card offered to SEP/Welcome+ members to receive SEP Rewards redemptions and to manage financial transactions, issued via USPS as a prepaid rewards card.
• Welcome Tech Credit Card Product Credit card product designed for immigrant communities, announced for launch in the second half of 2022 alongside the expansion of Welcome Tech's financial services offerings.
• Welcome+ Health Benefits Suite A suite of health benefits accessible through the Welcome+ membership, including telemedicine, mental health (provided via Teladoc in the continental US), MRI & CT scans, dental, vision, RX, hearing, diabetic care, fertility, global travel, and roadside assistance, plus legal access and ID protection.

Quantifiable outcome

• 2200% growth in digital wallet services
• +4 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Teladoc (Mental Health benefit provider)minorOthers · 14 April 2022Teladoc is referenced as the provider of Mental Health benefits within the Welcome+ health benefits suite. This is mentioned in the enterprise page disclaimer noting Teladoc Mental Health benefits are only available in the continental US.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Stilt: Stilt is a fintech providing loans, banking, and financial products tailored to immigrants and international students in the US. It directly competes with Welcome Tech's credit, debit, and digital wallet offerings for the same immigrant customer base.
• Nova Credit: Nova Credit translates international credit data into US-equivalent scores to help immigrants access credit, housing, and financial services. It directly overlaps with Welcome Tech's mission of building financial infrastructure for immigrants and leveraging proprietary immigrant data.
• Tomo: Tomo is a fintech focused on helping immigrants and first-generation Americans build credit and qualify for homeownership in the US. It competes with Welcome Tech's credit-building and financial tools aimed at the immigrant demographic.
• Remitly: Remitly is a digital remittance and financial services platform serving immigrants sending money across borders. It targets the same Hispanic and broader immigrant customer base and overlaps in financial services intermediation and digital wallet functionality.
• Current: Current is a neobank offering mobile banking, debit, and financial tools targeting underbanked and immigrant-adjacent populations in the US. It competes directly with PODERcard and Welcome+'s digital wallet for similar customers.
• Greenlight: Greenlight is a family-focused fintech offering debit cards, financial education, and money management for kids and parents. It overlaps with Welcome Tech's family-inclusive subscription model and PODERcard debit card offering.

Broad incumbents

• Indeed: Indeed is the largest general-purpose job platform in the US with broad employer and job-seeker reach. Its Jobs Platform competes with Welcome Tech's employer-facing jobs marketplace, though it lacks immigrant-specific cultural tailoring and community.
• ZipRecruiter: ZipRecruiter is a major US jobs marketplace serving employers and job seekers across industries. It competes broadly with Welcome Tech's Jobs Platform for employer recruitment spend, though it does not specialize in the immigrant segment.
• Western Union: Western Union is the dominant global money transfer and consumer financial services company. It overlaps with Welcome Tech's financial intermediation and digital wallet strategy aimed at immigrant communities across the US.

Emerging players

• Spring Health: Spring Health is an employer-sponsored mental health and benefits platform. It overlaps with the mental-health component of Welcome+'s employer benefits bundle (delivered via Teladoc) and competes for employer benefits budget.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/WelcomeTechUS

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds8 records

Investors19 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Welcome Tech