Benefitter

insurtechemployer insurance

STATUS: Acquired/Merged
FOUNDING YEAR: 2012
LOCATION: South Africa
Last Update: 01/05/2020

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About

Benefitter was acquired by HealthMarkets on August, 2015. Benefitter is a SaaS-based platform providing employers with solutions for employee health coverage. Benefitter educates and guides employees throughout the insurance selection process, relieving them from the stress and confusion associated with buying an affordable plan that covers the doctors they want and the care they need.

Focus

PRODUCTS & SERVICES

Employee benefits plan & management tools for SMBs.

REVENUE MODEL

The company earns revenue through broker management fee & commissions.

People

FOUNDERS

Rachel Gollub

David Adams

Conrad Voorsanger

Brian Poger

BOARD MEMBERS AND ADVISORS

Loren Siebert

Shyam Lal

Conrad Voorsanger

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Aberdare Ventures

Asset Management Ventures

Brian Poger

Jeff Tangney

Kleiner Perkins Caufield Byers

Mayo Clinic

Richard Fiedotin

Rock Health

Tim Keohane

Momentum

FUNDED

YES

TOTAL FUNDING

$2.8 M

DATE OF LAST FUNDING

2013

TOTAL FUNDING COMMENT

Debt financing: $4.36 M

SEED & PRIOR FUNDING

$2.8 M

SEED CLOSED ON

2013

LISTED

NO

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2012

LOCATION:

South Africa

Views:

58 VISITORS | 92 VIEWS
LATEST FUNDING ROUND

$2.8 M

TOTAL EMPLOYEES
11-50

About

Benefitter was acquired by HealthMarkets on August, 2015. Benefitter is a SaaS-based platform providing employers with solutions for employee health coverage. Benefitter educates and guides employees throughout the insurance selection process, relieving them from the stress and confusion associated with buying an affordable plan that covers the doctors they want and the care they need.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Momentum+
People+
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