tech
March 25, 2026
Origin raises $30M Series A+
The London startup, founded by the team behind Darwin, acquired by Mercer in 2016, has built an AI platform that ingests fragmented global benefits data from PDFs, insurance contracts, and vendor portals into a single intelligence layer. Notion Capital led the round; HSBC Innovation Banking UK also contributed growth financing.
TL;DR
- Origin raised $30 million in a Series A+ funding round.
- Notion Capital led the round, with participation from Felix Capital, Acadian Ventures, and HSBC Innovation Banking UK.
- The company's AI platform, Cuido, ingests and analyzes fragmented global employee benefits data.
- The platform aims to provide clarity and potential cost savings on employee benefits spending.
- The founding team previously built Darwin (formerly Thomsons Online Benefits), acquired by Mercer in 2016.
- New capital will be used for deeper integration with HR systems and building out the partner ecosystem.
- Anchor customers included Pfizer, Comcast, BP, and Boston Consulting Group.
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