WageWorks Overview

  • Founded
  • 2000
Founded
  • Status
  • Private
  • Employees
  • 896
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $2B
Latest Deal Amount

WageWorks General Information

Description

WageWorks Inc is a provider of tax-advantaged programs in the United States. The company specialises in consumer-directed benefits such as health savings accounts, health and dependent-care flexible spending accounts, health reimbursement arrangements, and commuter benefit services, including transit, parking, and wellness programs. With the help of WageWorks, employees use pretax dollars to pay for healthcare, dependent care, and commuter expenses and save money on their payroll tax.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Primary Industry
Other Capital Markets/Institutions
Other Industries
Other Healthcare Technology Systems
Primary Office
  • 1100 Park Place
  • Suite 400
  • San Mateo, CA 94403
  • United States
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WageWorks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
14. Merger/Acquisition 30-Aug-2019 $2B 00000 000 Completed Profitable
13. Secondary Transaction - Open Market 20-Mar-2015 00000 Completed Profitable
12. Secondary Transaction - Open Market 28-Mar-2014 00000 Completed Profitable
11. Secondary Transaction - Private 13-Aug-2013 00000 00000 00.000 Completed Profitable
10. 2PO 13-Mar-2013 000.00 00000 00000 Completed Profitable
9. 2PO 04-Oct-2012 000.00 00000 00000 Completed Profitable
8. IPO 10-May-2012 000.00 00000 00000 Completed Profitable
7. Later Stage VC (Series E) 06-Jun-2011 000.00 00000 00000 Completed Generating Revenue
6. Later Stage VC (Series D) 13-Mar-2007 $16M $86.6M 00000 Completed Generating Revenue
5. Debt - General 27-May-2005 $20M $70.6M Completed Generating Revenue
To view WageWorks’s complete valuation and funding history, request access »

WageWorks Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series E-1 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series E 0,000,000 00.000000 00.00 00 00.00 00 00 0.000
Series D 0,000,000 00.000000 00.00 00.00 00 00 00.00 0.000
Series C 0,000,000 00.000000 00.00 00.00 00 00 00.00 00.000
Series B 00,000,000 00.000000 00.00 00.0 00 00 00.0 00.000
Series A2 0,000,000 00.000000 00.00 00.00 00 00 00.00 0.000
Series A1 1,725,792 $0.001000 $0.32 $1.36 $4 2x $1.36 2.85%
Series A 50,000 $0.001000 $0.32 $2.35 $4 1x $2.35 0.08%
To view WageWorks’s complete cap table history, request access »

WageWorks Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
WageWorks Inc is a provider of tax-advantaged programs in the United States. The company specialises in consumer-directe
Other Capital Markets/Institutions
San Mateo, CA
896 As of 2021
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0000000 0000
Salt Lake City, UT
00 As of 0000
00.000
000000000 - 00.000

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e cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in cu
00000 000000000 00000000
Omaha, NE
000 As of 0000
0000 0000-00-00
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WageWorks Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PeopleKeep Venture Capital-Backed Salt Lake City, UT 00 00.000 000000000 - 00.000
0000000 Formerly PE-Backed Omaha, NE 000 000000&0
000000000000 Corporation Draper, UT 0000 00000 000000 - 000 00000
000000000000000 Formerly PE-Backed Cockeysville, MD 00 0000 00000000000 0000
To view WageWorks’s complete competitors history, request access »

WageWorks Patents

WageWorks Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-8392310-B1 Systems for automated identification and processing of qualifying expenses for tax-advantaged accounts and automated initiation of related account transactions Active 28-Jan-2010 000000000 0
US-7529700-B1 Single-source multi-conduit apparatuses and methods for adjudicating pretax expenses Active 10-Jul-2001 000000000 00

WageWorks Executive Team (19)

Name Title Board Seat Contact Info
Stacy Chiang Project Manager
Edgar Montes Senior Vice President
You’re viewing 2 of 19 executive team members. Get the full list »

WageWorks Board Members (17)

Name Representing Role Since
Bruce Bodaken Self Board Member 000 0000
Edward Nafus Self Board Member 000 0000
Mariann Byerwalter Self Board Member 000 0000
Richard Berkeley JD Self Board Member 000 0000
Stuart Harvey Jr. Self Chairman & Board Member 000 0000
You’re viewing 5 of 17 board members. Get the full list »

WageWorks Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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WageWorks Acquisitions (13)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 000000 (0000 03-Oct-2017 000000000000000000 Other Healthcare Services
000 (0000 & 00000 28-Nov-2016 000000000000000000 00000 Other Financial Services 000000 0000000
000000000 (00000 0 26-May-2016 000000000000000000 Human Capital Services 000000 0000000
0000000 00000000 0 01-Aug-2014 000000000000000000 00000 Insurance Brokers 000000 0000000
Crosby Benefit Systems 01-May-2013 Merger/Acquisition 00.00 Human Capital Services 000000 0000000
You’re viewing 5 of 13 acquisitions. Get the full list »

WageWorks Subsidiaries (4)

Company Name Industry Location Founded
Choice Strategies Consulting Services (B2B) South Burlington, VT 2001
0000000000000 Other Services (B2C Non-Financial) New York, NY 0000
000000 0000000000 Insurance Brokers Williston, VT 0000
0000000 00000000 Other Insurance East Providence, RI 0000
To view WageWorks’s complete subsidiaries history, request access »