Los Angeles-based Welcome Tech, an AI-enabled platform that offers services to immigrant workforces, announced it raised $7.5 million in funding.
Institutional investors led the round, including TTV Capital, CityRock Ventures Partners, Mubadala Capital, Next Legacy Partners, BTN Ventures and Westbound Equity Partners.
WHAT IT DOES
Welcome Tech offers a platform designed to build technology and services for immigrant households, including plans for health, dental, vision, prescriptions and pet care.
The company's offering, Healthcare Plus, is a $25 monthly subscription that provides immigrants and their families with free or discounted access to healthcare services, including telemedicine, dental, vision, prescriptions and more.
Welcome Tech also offers employers tools to increase workforce retention and recruitment.
"This quarter has marked a meaningful turning point – from closing a highly successful capital raise to launching strategic enterprise partnerships that are now fueling thousands of new subscriber enrollments," Amir Hemmat, cofounder and CEO of Welcome Tech, said in a statement.
"This new funding positions us to reach profitability, scale partnerships, and deliver digital-first solutions that unlock economic access for the immigrant workforce that powers our country."
MARKET SNAPSHOT
In 2022, Welcome Tech announced that it had secured $30 million in capital, following an oversubscribed $35 million Series B round in 2021.
The 2022 funding round brought the company's total raise to $70 million.
According to the Pew Research Center, the United States reached a record high of 53.3 million immigrants living within its borders in January 2025, accounting for 15.8% of the country's population.
However, in the following months, departures and deportations outpaced new arrivals, and by June, the foreign-born population dropped by over one million — a decline not seen since the 1960s.
As of June 2025, the number of immigrants residing in the U.S. decreased to 51.9 million, accounting for 15.4% of the nation's population. Additionally, 19% of the American labor force comprised immigrants, down from 20% and by over 750,000 workers since January.
President Donald Trump's administration has increased deportation among immigrants, which the Economic Policy Institute has said may cause job loss among both immigrants and U.S.-born workers. However, "the consequences of immigration on the labor market are often a matter for heated debate," the Institute said.
