What Savii does

Savii is a private benefits administration company headquartered in Elkhorn, Nebraska, that operates a web-based platform enabling employers to offer Individual Coverage Health Reimbursement Arrangements (ICHRAs). The platform allows employers to define a fixed, tax-free healthcare reimbursement budget and hands the downstream administrative complexity to Savii, including employee enrollment, dependent tracking, plan selection support, compliance with ACA and ICHRA-specific rules, and reimbursement processing via ACH, virtual debit cards, or direct reimbursement. The company was founded in 2023 and serves primarily small to mid-sized businesses seeking to avoid the complexity, underwriting, and minimum-participation requirements of traditional group health plans.

The product surface is a single integrated offering: a B2B-facing administrative console paired with an employee-facing portal (portal.savii.ai) that guides workers through a three-step experience (verify information, customize coverage with dependents, and choose a plan). Savii targets a horizontal segment of employers with diverse workforce compositions — including full-time, part-time, seasonal, salaried, non-salaried, foreign employees working abroad, and employees under collective bargaining agreements — all of which are permissible employee classes under ICHRA regulations. A core selling point for employees is the ability to select individual ACA-compliant health plans that match personal needs, with portability when changing employers.

Savii generates revenue through subscription, recurring ICHRA administration services billed on an annual cadence at quote-based pricing tailored to each employer's workforce size and benefit requirements. Go-to-market is a B2B direct sales motion with 'Book a Demo' calls-to-action on savii.ai, supplemented by inbound email ([email protected]), educational content (an 'About ICHRA' page, FAQ library, and downloadable ICHRA_101.pdf), and community-event participation in Nebraska markets including Omaha, Lincoln, and Norfolk through 1 Million Cups. The leadership team is led by CEO Mary-Margaret Irish (formerly DoorDash and Gannett) and COO Donna Herbel (formerly Perkins Restaurant & Bakery and CHART). As of April 2025, the company had disclosed a single $200,000 funding round from unknown investors, suggesting an early-stage, likely bootstrapped operating model.

Name

Savii

Legal name

Savii

Website

https://savii.ai

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Savii is a Nebraska-based private company founded in 2023 that operates a web-based ICHRA (Individual Coverage Health Reimbursement Arrangement) administration platform, enabling employers to set fixed healthcare budgets while employees independently select individual health insurance plans.

Ownership category

akta.pro rank

Product category

Health Benefits Administration Software

NAICS

Other Insurance Related Activities (52429), Insurance and Employee Benefit Funds (5251)

SIC

Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321)

akta.pro primary industry

Employer Health Reimbursement Arrangements (HRA/ICHRA/QSEHRA) Administration (HLAEAAAG)

akta.pro secondary industries

Flexible Benefits Administration (FSA/HSA/HRA) (HLAEALAK), Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)

Keywords

• ICHRA administration
• Health benefits platform
• Employee benefits software
• Health reimbursement arrangements
• Benefits administration

Headquarters

HQ city

Elkhorn

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. ICHRA Administration Services: Savii generates revenue by providing ICHRA administration services to employers. Employers set a fixed tax-free reimbursement budget, and Savii handles the administrative complexity including employee enrollment, compliance, reporting, and ongoing management. The company manages the reimbursement process either through ACH payments, virtual debit cards, or direct reimbursement to employees.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Savii operates a web-based ICHRA (Individual Coverage Health Reimbursement Arrangement) administration platform that allows employers to set a fixed tax-free reimbursement budget while employees independently select ACA-compliant individual health insurance plans. The platform handles employee enrollment, dependent tracking, plan selection guidance, compliance support, and reimbursement processing through ACH payments or virtual debit cards. It is sold to employers on a subscription basis as a way to deliver health benefits without the complexity of traditional group health insurance.

Product overview

Savii offers a single unified platform for ICHRA (Individual Coverage Health Reimbursement Arrangement) administration. The platform consists of the core Savii ICHRA Platform, which enables employers to set fixed healthcare budgets and employees to independently select and manage their own health insurance plans. Savii handles the administrative complexity including plan selection, compliance, reporting, and reimbursement processing. The platform provides a guided employee experience with steps for getting started, customizing coverage with dependents, and choosing healthcare plans.

Differentiator

Problem solved

Functional benefit

Products and services

• Savii ICHRA Platform Web-based benefits administration platform that enables businesses to offer Individual Coverage Health Reimbursement Arrangements (ICHRAs); allows employers to set a fixed tax-free healthcare reimbursement budget while employees independently select ACA-compliant individual health insurance plans. Handles employee enrollment, dependent tracking, plan selection guidance, compliance support, and reimbursement processing via ACH payment or virtual debit card. Built for small and mid-sized employers across diverse workforce compositions.

Quantifiable outcome

• Reduced administrative burden - employers only need to set a budget
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Take Command Health: Take Command Health is one of the largest pure-play ICHRA administration platforms, offering employers a similar defined-contribution benefits model with employee plan-shopping tools. It is the most direct competitor to Savii in product, customer (SMB employers), and business model.
• Remodel Health: Remodel Health is an ICHRA-focused benefits platform that helps small and mid-sized employers move from group health plans to individual coverage with reimbursement administration. It overlaps directly with Savii on target customer, regulatory niche, and platform-based delivery.
• Thatch: Thatch provides an ICHRA and modern benefits platform aimed at small businesses, with employer budgets and employee plan-choice workflows similar to Savii. It is a direct competitor pursuing the same defined-contribution SMB niche.
• PeopleKeep (by Piccolo): PeopleKeep is a long-standing HRA / QSEHRA / ICHRA administration platform serving small businesses with a self-serve SaaS model. Comparable to Savii in product category (individual coverage reimbursement administration) and SMB target segment.
• Zane Benefits: Zane Benefits is an established HRA / ICHRA administration platform focused on small employers replacing traditional group plans. It competes in the same defined-contribution benefits administration niche as Savii.

Broad incumbents

• Tango Health: Tango Health is a broader benefits administration and compliance platform that handles HRA / HSA / COBRA and related workflows for mid-market and enterprise employers. It overlaps with Savii in HRA-style reimbursement administration but serves a wider set of benefit types at larger scale.

Emerging players

• Benepass: Benepass is a flexible benefits platform letting employers allocate stipend budgets across multiple benefit categories. It overlaps with Savii in the defined-contribution benefits philosophy and employer-budget UX, though it is not ICHRA-specific.
• Forma: Forma is a flexible benefits and lifestyle-spending-accounts platform with employer-set budgets and employee choice, comparable to Savii in the broader 'set a budget, let employees choose' benefits model for SMB and mid-market employers.

Regional players

• SimplyInsured: SimplyInsured is a small-business health insurance brokerage with a tech platform that simplifies plan shopping and administration. It is comparable to Savii in SMB employer targeting and digital plan-selection UX, though it operates more as a brokerage than a pure ICHRA administrator.

Others

• HealthCare.com: HealthCare.com is an insurance marketplace and comparison platform that helps individuals and small employers shop for health coverage. It is adjacent to Savii because the employee-side plan-selection experience at Savii ultimately routes into a similar carrier/marketplace comparison journey.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/saviico

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

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 Savii