What is EBS Worksite?
Founded in 1997, Employee Benefit Systems (EBS Worksite) specializes in offering 'Best In Class' supplemental insurance. Their product suite is designed to complement health care plans, addressing gaps for union members with offerings such as Life, Critical Illness, Cancer, Accident, and Disability Income policies. EBS Worksite also extends its services to support retiring and retired union members by providing access to group Medicare and retiree dental coverages, aiming to bolster financial security amidst rising healthcare costs.
How much funding has EBS Worksite raised?
EBS Worksite has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for EBS Worksite?
The substantial large-scale late-stage funding indicates EBS Worksite is poised for significant expansion and strategic initiatives. This capital infusion is likely to fuel further development of their tailored insurance solutions for union populations, potentially enabling market penetration into new segments or enhancing existing service offerings. The company's focus on filling critical gaps in health and financial security positions it for sustained growth within the specialized employee benefits landscape.
See full EBS Worksite company page