Catch

Catch is a New York City-based company that provides benefits for people who do not receive them from an employer. Its product lets independent workers assemble and manage a personal benefits package: automatic withholding from each paycheck for tax withholding, time off, savings and retirement, plus help finding, enrolling in and keeping up premium payments on a health insurance plan. Catch connects to a user's existing bank account to monitor incoming pay and apply that plan automatically.

As presented on its website, Catch's current consumer-facing offering centers on health coverage. Users enter information about how they plan to use coverage, review a shortlist of recommended plans drawn from hundreds of options, and then apply and enroll with Catch's assistance, including a check for available savings. Tax credits are applied at the point of quoting. The company describes the service as free to the user because it operates as an insurance broker.

Founding story

Catch was founded in 2017 by Andrew Ambrosino, who serves as founder, CTO and CPO.

Business model

Catch operates as a licensed insurance broker, offering its plan-selection and enrollment service to consumers at no cost and stating that it may earn a commission on insurance policies purchased through it.

Commissions on insurance policies sold in its capacity as a broker; the service itself is free to the end user.

Traction

Y Combinator lists a team size of 18. Customer testimonials on the company's site cite savings on health insurance premiums, including one member reporting roughly $650 per month in savings.