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About Euphoric
Euphoric builds AI-first employee benefits administration software for the world's largest and most prestigious employers. We spun out of Peppy Health — a fast-growing, Series B digital health company serving major global employers — in May 2025 to tackle what we believe is the biggest untouched opportunity in enterprise software.
Global employers spend $3–5 trillion on benefits every year. It's their second-largest cost after payroll — yet the entire category is still running on legacy systems and outdated assumptions. AI-first startups have almost completely overlooked it, and…
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