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BenefitBay

BenefitBay

Private
Kansas City, MissouriEnterprise Softwarehttps://www.benefitbay.com/

Last Round

Series A

May 21, 2026

Est. Valuation

$12.5M

Total Funding Raised

$28.5M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

BenefitBay is a human resources technology company that provides a SaaS platform for the administration of Individual Coverage Health Reimbursement Arrangements (ICHRAs).

Sector

Enterprise Software

Verticals

InsurTech, HR, Compliance, Workflow Automation, Vertical SaaS

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

individual coverage health reimbursement arrangementICHRAbenefits administrationInsurTechdefined-contribution healthhealth insurance reimbursementbenefits broker softwarePEPMper-employee-per-monthvertical SaaSemployee benefits platformHR compliance softwarehealth benefits techbenefits enrollmenthealth insurance alternative

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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BenefitBay Comparables

Compare BenefitBay with similar companies based on industry and business-model similarity.

BenefitBay comparables — related companies by embedding similarity
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BenefitBay Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AMay 21, 2026
Seed RoundMar 25, 2026
SeedAug 24, 2023
SeedApr 6, 2023
SeedMay 1, 2021

Key People

Founding team and executive leadership

Kevin Mullins

President and CFO

Executive Team

B.A. Kelly L. Hall

Chief Operating Officer

Executive Team

Ben Crist

Chief Operating Officer

Executive Team

Jason Houseworth

Chief Product Officer

Executive Team

BenefitBay Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 19, 2026

    Grew 19% QoQ, from 64 to 76 employees.

  • Jul 26, 2026

    Monthly visitors increased 70% MoM, reaching 7.6K.

Recent news

Latest coverage and updates

  • receives_awardAug 21, 2026

    Brandy Thompson at Benefitbay receives award Lumi Award for Company Growth at 2026 Digital Health Day.

  • attends_eventAug 21, 2026

    Benefitbay attends event 2026 Digital Health Day.

BenefitBay Filings

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BenefitBay filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about BenefitBay's valuation, stock price, and market status.

Is BenefitBay a public or private company?

BenefitBay is a private company.

What is the current stock price of BenefitBay?

BenefitBay is a private company with no public stock price. No recent secondary market data is available.

How much is BenefitBay worth (valuation)?

BenefitBay's valuation is estimated at $12.5M based on funding round data.

Can I buy BenefitBay stock?

BenefitBay shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was BenefitBay's last funding round?

BenefitBay's most recent funding round was Series A on April 6, 2023.

Who are the main investors in BenefitBay?

Key investors in BenefitBay include Ten Coves Capital, Comeback Capital, Allos Ventures.

Will BenefitBay IPO soon?

No public IPO plans have been announced for BenefitBay.

How can I track BenefitBay secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor BenefitBay's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersKansas City, Missouri
Employee Range61
Year Founded2021
Last FundingMay 21, 2026

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