NYC-based Corridor, which uses AI to offer health benefits for small businesses, raised a $16M seed led by Bain Capital Ventures, following a $9M pre-seed (Brock E.W. Turner/Axios)

NYC-based Corridor, an AI platform that delivers health-benefit solutions to small businesses, secured a $16 million seed round led by Bain Capital Ventures after a $9 million pre-seed round. The funding supports expansion of its AI-driven benefits marketplace and integration with small-business payroll systems. The round follows a successful early-stage investment that helped launch its pilot program in New York.