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benefitfocus.com

Founded Year

2000

Stage

PIPE | IPO

Total Raised

$30M

Market Cap

0.27B

Stock Price

7.90

Revenue

$0000 

About Benefitfocus

Benefitfocus is a provider of cloud-based benefits software solutions for consumers, employers, insurance carriers, and brokers. The Benefitfocus platform provides an integrated suite of solutions that enables customers to more efficiently shop, enroll, manage, and exchange benefits information. The company's web-based platform has a user-friendly interface designed to enable insured individuals and their dependents to access all of their benefits in one place. Benefitfocus' solutions support core benefits plans, including healthcare, dental, life, and disability insurance, and voluntary benefits plans, such as critical illness, supplemental income, and wellness programs.

Benefitfocus Headquarter Location

100 Benefitfocus Way

Charleston, South Carolina, 29492,

United States

843-849-7476

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Expert Collections containing Benefitfocus

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Benefitfocus is included in 2 Expert Collections, including Health Plans & Benefits Management.

H

Health Plans & Benefits Management

717 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

D

Dental Health

957 items

Companies delivering dental care products and services. Excludes practice networks.

Benefitfocus Patents

Benefitfocus has filed 8 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/10/2014

8/8/2017

Legal entities, Web frameworks, Business law, Fluid dynamics, Corporate law

Grant

Application Date

9/10/2014

Grant Date

8/8/2017

Title

Related Topics

Legal entities, Web frameworks, Business law, Fluid dynamics, Corporate law

Status

Grant

Latest Benefitfocus News

Benefitfocus Announces Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)

Aug 9, 2022

08/09/2022 | 04:45pm EDT Message : *Required fields CHARLESTON, S.C., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Benefitfocus Inc. (NASDAQ: BNFT) (“Benefitfocus” or the “Company”), a cloud-based benefits administration technology company committed to helping customers and the people they serve get the most out of their health care and benefit programs, today announced that, in connection with the appointment of Ed Rumzis as executive vice president and chief technology officer, and in accordance with the terms of his employment agreement with the Company, the Compensation and Talent Committee of Benefitfocus’ Board of Directors approved an initial equity grant to Mr. Rumzis of 187,664 restricted stock units (“RSUs”) with a value of $1,500,000 (the “Initial Grant”). The Initial Grant will vest in four equal annual installments beginning on the first anniversary of Mr. Rumzis’ start date of August 8, 2022, subject to Mr. Rumzis continuing with the Company through the applicable vesting dates and with potential acceleration upon certain terminations of employment. The Initial Grant was made as a material inducement to Mr. Rumzis becoming an employee of the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs are subject to the terms and conditions of the grant agreement covering the Initial Grant. About Benefitfocus  Benefitfocus (NASDAQ: BNFT) is a cloud-based benefits administration technology company committed to helping our customers, and the people they serve, get the most out of their health care and benefit programs. Through exceptional service and innovative SaaS solutions, we aim to be the safest set of hands for our customers helping to simplify the complexity of benefits administration while delivering an experience that engages people and unlocks the potential for better health and improved outcomes. Our mission is simple: to improve lives with benefits. Media: Safe Harbor Statement Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: our ability to maintain our culture and recruit, integrate and retain qualified personnel, including on our Board of Directors; our ability to compete effectively and implement our growth strategy; our reliance on channel relationships; market developments and opportunities; the need to innovate and provide useful products and services; risks related to changing healthcare and other applicable regulations; the immature and volatile nature of the market for our products and services; privacy; security and other risks associated with our business; management of growth; volatility and uncertainty in the global economy and financial markets in light of the evolving COVID-19 pandemic and war in Ukraine; and the other risk factors set forth from time to time in our SEC filings, copies of which are available free of charge within the Investor Relations section of the Benefitfocus website at http://investor.benefitfocus.com/sec-filings or upon request from our Investor Relations Department. Benefitfocus assumes no obligation and does not intend to update these forward-looking statements, except as required by law. All news about BENEFITFOCUS, INC. 04:45p

Benefitfocus Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Benefitfocus Rank

  • When was Benefitfocus founded?

    Benefitfocus was founded in 2000.

  • Where is Benefitfocus's headquarters?

    Benefitfocus's headquarters is located at 100 Benefitfocus Way, Charleston.

  • What is Benefitfocus's latest funding round?

    Benefitfocus's latest funding round is PIPE.

  • How much did Benefitfocus raise?

    Benefitfocus raised a total of $30M.

  • Who are the investors of Benefitfocus?

    Investors of Benefitfocus include BuildGroup Management, Oak Investment Partners and Goldman Sachs.

  • Who are Benefitfocus's competitors?

    Competitors of Benefitfocus include Corestream and 3 more.

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