How Much Did NEBA Raise?
Funding & Key Investors

National Employee Benefits Administrators, Inc. (NEBA) has secured $1M in total capital, with its most recent financing round bringing in $1M. This major strategic investment underscores the company's established presence in the employee benefits administration sector. The company's history, dating back to July 1, 1994, highlights a deep well of experience within its core management team, boasting over 150 combined years in the industry.

What is NEBA?

NEBA
InsuranceBusiness ServicesHuman Resources Management Systems (HRMS)

NEBA, headquartered in Pembroke Pines, Florida, specializes in providing efficient, friendly, and professional administration for various employee benefit plans across the United States. The company emphasizes a blend of up-to-date technology and personalized service, ensuring clients receive knowledgeable support without relying solely on automated systems. NEBA operates with a commitment to fair pricing, clearly outlined in its agreements. With additional offices in Jacksonville and West Palm Beach, Florida, and Atlanta, Georgia, NEBA is a licensed Third-Party Administrator (TPA) in Florida, demonstrating its regulatory compliance and operational reach.

How much funding has NEBA raised?

NEBA has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in NEBA

PPP

Public-Private Partnership

What's next for NEBA?

The recent major strategic investment signals a phase of potential expansion or enhanced service offerings for NEBA. Given the company's long-standing expertise and family-owned structure, this capital infusion is likely to support technological advancements and further solidify its market position. NEBA's focus on personalized service, combined with its extensive experience, positions it to capitalize on opportunities within the evolving employee benefits landscape, potentially through scaling operations or developing new administrative solutions.

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Frequently Asked Questions Regarding NEBA Financial Insights

What are the most recent funding rounds that NEBA has completed, and what were the funding rounds?
NEBA has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding NEBA has raised to date?
NEBA has raised a total of $1M in funding to date.
How many funding rounds has NEBA completed?
NEBA has completed 1 funding rounds.
How much funding did NEBA raise in its most recent funding round?
NEBA raised $1M in its most recent funding round.
Who are the lead investors in NEBA's latest funding round?
The lead investor in NEBA's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in NEBA's history?
The largest funding round in NEBA's history was $1M.
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