Online Benefits Overview
- Year Founded
-
1997
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
- Latest Deal Amount
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$33.7M
Online Benefits General Information
Description
Provider of outsourced web-based employee benefits communication and administration services. The company develops and markets web based human resource management solutions. It also offers client management, broker advisory and forecast and reconciles commission payment solutions. The company markets its products under Benergy and AgencyWare brand names.
Contact Information
Website
www.onlinebenefits.comCorporate Office
- 333 Earle Ovington Boulevard
- Suite 210
- Uniondale, NY 11553
- United States
Corporate Office
- 333 Earle Ovington Boulevard
- Suite 210
- Uniondale, NY 11553
- United States
Online Benefits Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 14-Aug-2006 | $33.7M | Completed | Generating Revenue | ||
| 3. Later Stage VC (Series D) | 29-Oct-2001 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 03-Aug-1999 | Completed | Product Development | |||
| 1. Early Stage VC | 01-Mar-1999 | Completed | Product Development |
Online Benefits Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Firemark Investments | Venture Capital | Minority | ||
| GE Capital | Lender/Debt Provider | Minority | ||
| Grand Central Holdings | Venture Capital | Minority | ||
| Oportun | Corporation | Minority | ||
| Pennell Venture Partners | PE/Buyout | Minority |
Online Benefits FAQs
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When was Online Benefits founded?
Online Benefits was founded in 1997.
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Where is Online Benefits headquartered?
Online Benefits is headquartered in Uniondale, NY.
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What industry is Online Benefits in?
Online Benefits’s primary industry is BPO/Outsource Services.
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Is Online Benefits a private or public company?
Online Benefits is a Private company.
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What is the current valuation of Online Benefits?
The current valuation of Online Benefits is .
-
What is Online Benefits’s current revenue?
The current revenue for Online Benefits is .
-
How much funding has Online Benefits raised over time?
Online Benefits has raised $8.5M.
-
Who are Online Benefits’s investors?
Firemark Investments, GE Capital, Grand Central Holdings, Oportun, and Pennell Venture Partners are 5 of 7 investors who have invested in Online Benefits.
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When was Online Benefits acquired?
Online Benefits was acquired on 14-Aug-2006.
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Who acquired Online Benefits?
Online Benefits was acquired by A.D.A.M. (Medical Records Systems).
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