
Benefitbay
Benefitbay: A pioneering solution enabling employers to provide personalized benefits for today's workforce.
- 23
- Company
- Kansas City, MO, USUnited States
Benefitbay is an innovative platform specializing in ICHRA (Individual Coverage Health Reimbursement Arrangement) administration for brokers and their clients. The company focuses on providing personalized benefits solutions for modern workforces, enabling employers to reimburse employees for individual health plans while maintaining tax advantages typically associated with group plans.
As a full-service technology suite, Benefitbay offers simplified employee benefits management. The platform leverages ICHRA, which is described as the fastest-growing benefit product in the market. Benefitbay's end-to-end solution aims to streamline the process of offering and managing personalized benefits, catering to the evolving needs of today's diverse workforce.
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Quick Facts
Who are Benefitbay's competitors?
Companies similar to Benefitbay include OneBridge Benefits, PeopleKeep, TBX Employee Benefits and Coverflex.
When was Benefitbay founded?
Benefitbay was founded in 2021.
Where is Benefitbay's headquarters located?
Benefitbay's headquarters is located in Kansas City, MO, US.
When was Benefitbay's last funding round?
Benefitbay's most recent funding round was for $18M (USD) in May 2026.
How much disclosed funding has Benefitbay raised?
As of May 21, 2026, Benefitbay has disclosed funding of $24.3M (USD). Undisclosed round amounts are excluded.
How many employees does Benefitbay have?
Benefitbay has 23 employees as of Feb 5, 2024.
Classification
- Industry
- Ownership
- Geographic Exposure
- Customer
- Also Known As
- Benefitbay Inc.
- Headquarters
- 1475 Walnut Street
- Suite 12
- Kansas City, MO, 64106
- US
- SEC CIK
- 0001860560
- EIN
- 86-2165138
- NAICS
- 524000Insurance Carriers and Related Activities
- 524100Insurance Carriers
- 524110Direct Life, Health, and Medical Insurance Carriers
- 524114Direct Health and Medical Insurance Carriers
- 520000Finance and Insurance
- SIC
- 6300Insurance Carriers
- 6320Accident And Health Insurance And Medical Service Plans
- 6321Accident And Health Insurance
- Industry
- —Financial Services Companies
- —Health Insurance Companies
- —Insurance Companies
Show 1 more industry code
- SIC
- 6000Depository Institutions