Akash Magoon is the co-founder and CTO of Nayya, an AI platform that simplifies insurance decisions for business leaders and benefits managers--and improves the healthcare experience for individual employees. Nayya uses AI and data science to personalize the way that employees choose and use their benefits. Nayya helps employees promote their health and wellbeing, while maximizing financial wellness.

Nayya is backed by Social Leverage, Guardian Strategic Ventures, Cameron Ventures, and Soma Capital -- and completed a top accelerator program (ERA) in New York.

Connect with Akash Magoon

Some of the Topics Covered by Akash Magoon in this Episode

What is Nayya
How Akash and his co-founder Sina Chehrazi started Nayya and the problem they're trying to fix
The decision to leave their jobs early on in their venture
The challenge of fundraising early through family and friends for Nayya
Choosing an accelerator and participating in the Entrepreneurs Roundtable Accelerator
Getting their first customers
How their product has changed based on customer discovery and identifying pain points
How Akash views failure
How COVID has affected Nayya, their fundraising and their industry
Akash's advice for entrepreneurs looking to get seed round funding
Figuring out distribution of funds
Akash's role as CTO
Building out the Nayya team and culture screening in hiring
The issue of being under-insured in the U.S. and understanding the complexities of the industry
The elements of Nayya's product
Growing Nayya moving forward and balancing short versus long term planning
Expectations versus reality with entrepreneurship
What Akash does to recharge from work
Akash's advice for entrepreneurs

Links from the Episode

#152: Akash Magoon, Co-Founder and CTO of Nayya, on Choosing an Accelerator, Raising a $2.7M Seed Round, and Navigating the Complexities of the Health Insurance Industry