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 It's their second-largest cost after payroll — yet the entire category is still running on legacy systems and outdated assumptions.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 incumbents, constrained by decades-old tech stacks, simply can't move fast enough.

This isn't just a gigantic market, it's genuine tech for good.

Smarter administration, deeper insight into what employees actually need, and clearer communication have the power to directly improve the everyday lives, wellbeing, and financial security of millions of p...