Benefix Overview
- Year Founded
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2017
- Status
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Private
- Employees
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37
- Latest Deal Type
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Accelerator/Inc
- Investors
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6
Benefix General Information
Description
Developer of a health benefits platform designed to serve health insurance carriers, brokers, small businesses, and their employees. The company's platform focuses on simplifying finding health benefit products online and enrolling in them, managing data and distribution from plans offered by major insurance carriers, and offering instant quotes from a simple-to-use online interface, enabling businesses to create better access and outcomes to healthcare.
Contact Information
Website
www.benefix.usCorporate Office
- 1090 North Charlotte Street
- Office 101
- Lancaster, PA 17603
- United States
Corporate Office
- 1090 North Charlotte Street
- Office 101
- Lancaster, PA 17603
- United States
Benefix Timeline
Benefix Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Secondary Transaction - Private | 03-Oct-2022 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series A) | 27-Jun-2022 | $6.42M | $12.5M | Completed | Generating Revenue | |
| 1. Seed Round | 09-Dec-2019 | $6.11M | $6.11M | Completed | Generating Revenue |
Benefix Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Benefix Comparisons
Industry
Financing
Details
Benefix Competitors (17)
One of Benefix’s 17 competitors is Ease, a Private Equity-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ease | Private Equity-Backed | San Francisco, CA | ||||
| NetQuote | Formerly PE-Backed | Austin, TX | ||||
| Sure | Venture Capital-Backed | New York, NY | ||||
| Employee Navigator | Private Equity-Backed | Bethesda, MD | ||||
| Slice (Jakarta) | Venture Capital-Backed | Jakarta, Indonesia |
Benefix Related Research & Analysis
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Benefix Signals
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Majestic Referring Domains
Benefix Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 1855 Capital Partners | Venture Capital | Minority | ||
| Activate Venture Partners | Venture Capital | Minority | ||
| Ben Franklin Technology Partners of Southeastern Pennsylvania | Accelerator/Incubator | Minority | ||
| Leading Edge Ventures | Venture Capital | Minority | ||
| MidCap Advisors | Investment Bank | Majority |
Benefix FAQs
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When was Benefix founded?
Benefix was founded in 2017.
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Where is Benefix headquartered?
Benefix is headquartered in Lancaster, PA.
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What is the size of Benefix?
Benefix has 37 total employees.
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What industry is Benefix in?
Benefix’s primary industry is Business/Productivity Software.
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Is Benefix a private or public company?
Benefix is a Private company.
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What is Benefix’s current revenue?
The current revenue for Benefix is .
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How much funding has Benefix raised over time?
Benefix has raised $12.5M.
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Who are Benefix’s investors?
1855 Capital Partners, Activate Venture Partners, Ben Franklin Technology Partners of Southeastern Pennsylvania, Leading Edge Ventures, and MidCap Advisors are 5 of 6 investors who have invested in Benefix.
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Who are Benefix’s competitors?
Ease, NetQuote, Sure, Employee Navigator, and Slice (Jakarta) are some of the 17 competitors of Benefix.
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