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benefitbay®

benefitbay® Revenue

InsuranceFlag of USKansas City, Missouri, United States51-100 Employees

$

benefitbay® revenue & valuation

Annual revenue$4,448,860
Revenue per employee$86,000
Estimated valuation?$14,300,000
Total funding$8,700,000

Key Contacts at benefitbay®

Flag of US

Jessica Deines

Director Of Customer Education & Support

Flag of US

Ryan Argotsinger

Director Of Sales

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Hunter Foster

Director, Enrollment Product & Compliance

Company overview

HeadquartersKansas City, Missouri, United States
Phone number+14029798499
Website
NAICS52
SIC641
Keywords
Hris, Group Benefits, Fintech, HRA, Healthcare Reform, Insurtech, ACA, Healthtech, Ichra, Bentech, Employee Enrollment Systems, Individual Insurance, Unique Employee Benefit Solutions
Founded2021
Employees51-100
Socials

benefitbay® Email Formats

benefitbay® uses 3 email formats. The most common is {first initial}.{last name} (e.g., j.doe@benefitbay.com), used 51.1% of the time.

FormatExamplePercentage
{first initial}.{last name}
j.doe@benefitbay.com
51.1%
{first name}.{last name}
john.doe@benefitbay.com
42.6%
{first initial}{last name}
jdoe@benefitbay.com
6.4%

About benefitbay®

Benefitbay is the chosen platform for brokers, employers, and employees that supports secure SOC II Type II end-to-end ICHRA deployment for companies of all sizes. First available in January of 2020, ICHRA (pronounced ICK-RA), stands for Individual Coverage Health Reimbursement Arrangement. With ICHRA, employers can provide an allowance of tax free dollars to their employees who then use those dollars to shop for a health plan that meets their own specific needs. No more one-size-fits-all group package. Employers can provide wonderful health plans for their team, individually tailored to each person’s needs, with a fixed, predictable cost. Experts anticipate a seismic shift in the benefits industry from group to individual as ICHRA plans will become a critical company feature when recruiting top talent. The best candidates will expect the freedom and portability that ICHRA allows. They will expect to be able to change jobs without having to change doctors. And benefitbay is touted as the solution that will finally set this shift in motion by solving the inefficiencies that have slowed ICHRA adoption thus far. Benefitbay is the first-of its-kind, end-to-end solution that enables employers to easily model, deploy and oversee their ICHRA plans, in full compliance with regulation and with full confidence that their employees will have tools and support to select and enroll in the plan that’s right for them.

Employees by Management Level

Total employees: 51-100

Seniority

Employees

Entry
Manager
Senior

Employees by Department

benefitbay® has 30 employees across 6 departments.

Departments

Number of employees

Funding Data

Explore benefitbay®'s funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2023-04-093$2,500,000
2024-05-093$1,200,000
2025-09-2515$5,000,000

Funding Insights

$8,700,000

Total funding amount

$5,000,000

Most recent funding amount

3

Number of funding rounds

benefitbay® Tech Stack

Discover the technologies and tools that power benefitbay®'s digital infrastructure, from frameworks to analytics platforms.

Cloudflare

Cloudflare

CDN

Amazon Web Services

Amazon Web Services

PaaS

Cloudflare Bot Management

Cloudflare Bot Management

Security

jQuery

jQuery

JavaScript libraries

HubSpot Analytics

HubSpot Analytics

Analytics

HubSpot CMS Hub

HubSpot CMS Hub

CMS

HTTP/3

HTTP/3

Miscellaneous

HSTS

HSTS

Security

Open Graph

Open Graph

Miscellaneous

Envoy

Envoy

Reverse proxies

HubSpot

HubSpot

Marketing automation

Goober

Goober

JavaScript libraries

Frequently asked questions

benefitbay® is located in Kansas City, Missouri, US.
You can reach benefitbay® at +14029798499.
benefitbay® generates an estimated annual revenue of $4,448,860. This revenue figure reflects the company's market position and business performance in its industry.
benefitbay® has an estimated valuation of $14,300,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
benefitbay® was founded in 2021, making it 5 years old. The company has established itself as a significant player in its industry over this time.
benefitbay® has approximately 51-100 employees. The company continues to grow its workforce to support its business operations and expansion.
benefitbay® has raised a total of $8,700,000 across 3 funding rounds. This investment has helped the company grow and expand its operations.

4.8

40,000 users

top 50
high performer
most used
tier 1 accuracy

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