Benefitbay
Highly Engaged Employees
Highly Engaged EmployeesBusiness Services · Missouri, United States · 51-200 Employees
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Overview
Headquarters
1475 Walnut St Ste 12, Kansas City, Miss...Phone Number
(531) 777-7201Website
www.benefitbay.comRevenue
$14 MillionIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
2
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About Benefitbay
Benefitbay® is a leading Individual Coverage Health Reimbursement Arrangement (ICHRA) partner that helps employers and benefits advisors deliver personalized healthcare benefits to the modern workforce. The company provides enterprise-grade technology that supports plan comparison, enrollment, compliance, payroll integration, payments infrastructure, carrier connectivity, and employee education. Benefitbay collaborates with employers, brokers, carriers, and employees across the United States to simplify and scale consumer-driven healthcare solutions, enabling more efficient and flexible benefits administration.Explore more
Benefitbay Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
$6M
11-50
Private
-
1983
Company Profile Activity
Activity Insights
Benefitbay is experiencing very low activity levels compared to other companies in the Business Services sector.
What does this means?
Benefitbay is drawing exceptional interest within the Business Services industry, suggesting notable developments or strong market momentum, learn more about Benefitbay.
Benefitbay financials insights
Gather financial insights about Benefitbay, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2023
Angel/Seed
$2.5M
2025
Private Equity
$7M
2026
Series A
$18M
Benefitbay Tech Stack
A closer look at the technologies used by Benefitbay
Most Recent Scoops
Funding
Funding
New Hire
Executive Move
Benjamin Crist has recently joined the organization as Chief Operating Officer.
Executive Moves, New Hire
Funding
Funding
Person-Based
Event
Person-Based
Events, Podcast
Benefitbay News & Media
benefitbay™ Raises $2.5 Million in Seed Plus Round, Led by Right Side Capital and Comeback Capital
KANSAS CITY, Mo., April 06, 2023 (GLOBE NEWSWIRE) -- benefitbay™, an end-to-end ICHRA administration platform for brokers and their clients, has announced that it has raised $2.5 million at a $12.5 million valuation for their seed plus round. This funding will be used to unlock additional tech improvements, ensure quality of the delivered product to customers, and improve the overall user experience for their clients.Personalized Benefits Giving Group Coverage a Run for Its Money with New Insurtech Startup – Benefitbay
OMAHA, NE / ACCESSWIRE / October 19, 2021 / Benefitbay™ Benefitbay has launched a groundbreaking SaaS platform to dramatically simplify employee benefits for employers of all sizes. Propelled by a $3M seed round that closed last month, Benefitbay's technology leverages a new benefit product called ICHRA (pronounced ik-rah), Individual Coverage Health Reimbursement Arrangement, which allows employers to reimburse employees for individual health plans while maintaining the tax advantages of a grou
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Frequently Asked Questions Regarding Benefitbay
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Benefitbay® is a leading Individual Coverage Health Reimbursement Arrangement (ICHRA) partner that helps employers and benefits advisors deliver personalized healthcare benefits to the modern workforce. The company provides enterprise-grade technology that supports plan comparison, enrollment, compliance, payroll integration, payments infrastructur... Read More
