BenePass Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
92
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$40M
- Investors
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21
BenePass General Information
Description
Developer of a benefits card software designed to improve access to benefits, maximize flexibility, and increase ease of use. The company's platform lets employers set their wellness policy by distributing the funds via prepaid debit cards and also automates the onboarding and offboarding of employees through payroll integration, enabling employers to seamlessly connect with payroll and accounting departments for tax compliance and improve employee engagement.
Contact Information
Website
benepass.comCorporate Office
- 228 Park Avenue South
- Suite 67038
- New York, NY 10003
- United States
Corporate Office
- 228 Park Avenue South
- Suite 67038
- New York, NY 10003
- United States
BenePass Timeline
BenePass Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC (Series B) | 21-Jan-2026 | $40M | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series A3) | 31-Jan-2024 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 06-Jun-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 15-Jul-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 03-Jun-2020 | $2.55M | $2.67M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 18-Mar-2020 | $125K | $125K | Completed | Generating Revenue |
BenePass Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A-3 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Seed-2 | 774,584 | $0.000010 | 8% | $0.19 | $0.19 | 1x | $0.19 | 2.29% |
| Seed-1 | 2,792,741 | $0.000010 | 8% | $0.86 | $0.86 | 1x | $0.86 | 8.26% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
BenePass Comparisons
Industry
Financing
Details
BenePass Competitors (10)
One of BenePass’s 10 competitors is Cobee (Financial Software), a Formerly VC-backed company based in Madrid, Spain.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cobee (Financial Software) | Formerly VC-backed | Madrid, Spain | ||||
| Swile | Venture Capital-Backed | Montpellier, France | ||||
| KoOS | Venture Capital-Backed | Viimsi, Estonia | ||||
| ThrivePass | Private Equity-Backed | Denver, CO | ||||
| Forma (Human Capital Services) | Venture Capital-Backed | Fremont, CA |
BenePass Signals
BenePass Investors (21)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Centana Management | Growth/Expansion | Minority | ||
| FoW Partners | Impact Investing | Minority | ||
| Clocktower Ventures | Venture Capital | Minority | ||
| Portage | Venture Capital | Minority | ||
| Sagard | Asset Manager | Minority |
BenePass FAQs
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When was BenePass founded?
BenePass was founded in 2019.
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Where is BenePass headquartered?
BenePass is headquartered in New York, NY.
-
What is the size of BenePass?
BenePass has 92 total employees.
-
What industry is BenePass in?
BenePass’s primary industry is Financial Software.
-
Is BenePass a private or public company?
BenePass is a Private company.
-
What is the current valuation of BenePass?
The current valuation of BenePass is .
-
What is BenePass’s current revenue?
The current revenue for BenePass is .
-
How much funding has BenePass raised over time?
BenePass has raised $74.7M.
-
Who are BenePass’s investors?
Centana Management, FoW Partners, Clocktower Ventures, Portage, and Sagard are 5 of 21 investors who have invested in BenePass.
-
Who are BenePass’s competitors?
Cobee (Financial Software), Swile, KoOS, ThrivePass, and Forma (Human Capital Services) are some of the 10 competitors of BenePass.
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