What is MyEnroll?
Benefit Allocation Systems, Inc. (BAS), the developer behind MyEnroll.com, offers a leading web-based platform for employee benefits administration. Their Software-as-a-Service (SaaS) solution covers enrollment, COBRA/HIPAA, Flexible Spending Accounts (FSA), Health Reimbursement Accounts (HRA), and Professional Learning Accounts. BAS also provides administrative support services, including data interchanges with insurers and payroll, reporting, and call center support. Cobra Control Services, LLC, a subsidiary of BAS, handles COBRA administration.
How much funding has MyEnroll raised?
MyEnroll has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for MyEnroll?
The recent major strategic investment signals a pivotal growth phase for MyEnroll. This financing is expected to fuel further development of its SaaS platform and expand its market reach within the competitive benefits administration sector. The company's focus on comprehensive solutions, including COBRA and payroll integrations, positions it for continued scaling and enhanced service offerings.
See full MyEnroll company page