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Empyrean Benefit Solutions

goempyrean.com

Stage

Acquired | Acquired

Total Raised

$53.32M

About Empyrean Benefit Solutions

Empyrean Benefit Solutions is an advanced HR technology and service company dedicated to the administration of healthcare and benefits for employers, brokers, and the emerging exchange market. The company's solutions allow customers to achieve a level of capability and flexibility that aligns with client-specific objects and scales and is cost-effective. On November 25, 2019, Empyrean Benefit Solutions was acquired by Securian Financial. The terms of the agreement were not disclosed.

Headquarters Location

3010 Briarpark Drive Suite 8000

Houston, Texas, 77096,

United States

832-730-7557

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Empyrean Benefit Solutions's Products & Differentiators

    Benefits Administration

    Empyrean provides health and welfare benefits enrollment and administration services for clients across every size, industry, and complexity. Our mission is to enrich employees' lives by making benefits matter every day. We support enrollment in all traditional core benefits (i.e. medical, dental, vision, life, disability, wellness, FSA, HRA, HSA, etc.), along with a spectrum of voluntary benefits (i.e. critical illness, accident, hospital indemnity, ID theft protection, auto/home insurance, pet insurance, and many more). Empyrean also provides call center services, ACA compliance and reporting solutions, COBRA/FSA/HSA administration, direct bill administration, carrier premium payments, dependent verification services, and QMCSO administration as optional services.

Expert Collections containing Empyrean Benefit Solutions

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

Empyrean Benefit Solutions is included in 2 Expert Collections, including HR Tech.

H

HR Tech

4,021 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

D

Digital Health

13,119 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

Latest Empyrean Benefit Solutions News

Benefits Administration Software Market SWOT Analysis including key players Castlight Health, Zane Benefits, Thomsons Online Benefits

Aug 5, 2021

2 JCMR recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Benefits Administration Software market. The study covers significant data which makes the research document a handy resource for managers, industry executives and other key people get ready-to-access and self analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. Some of the key players mentioned in this research are Castlight Health, Zane Benefits, Thomsons Online Benefits, Ultimate Software, Gusto, WEX Health, EmpowerHR/Pay, Oracle (PeopleSoft), Benefitfocus, PlanSource, Paycom, benefitexpress, Namely, Paycor, BerniePortal, BambooHR, ADP, InfinityHR, Empyrean Benefit Solutions, Employee Navigator, Workday, Zenefits, Ceridian, Gusto, WageWorks, Selerix, SAP (partnered with Benefitfocus), BreatheHR, bswift, Businesssolver Get Access to Free sample Report PDF @  jcmarketresearch.com/report-details/1329161/sample COVID-19 Impact on Global Benefits Administration Software Market COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks. In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Benefits Administration Software market, since end-user industries were still not operating at their full capacity. Enquire for customization in Report @  jcmarketresearch.com/report-details/1329161/enquiry What are the market’s problems in Benefits Administration Software? Changing regulatory landscapes, operational barriers, and the emergence of alternative technologies are all impacting the Benefits Administration Software industry. What are the various types of segments covered in the Benefits Administration Software Market? [Segments] Who are the top key players in the Benefits Administration Software market? Castlight Health, Zane Benefits, Thomsons Online Benefits, Ultimate Software, Gusto, WEX Health, EmpowerHR/Pay, Oracle (PeopleSoft), Benefitfocus, PlanSource, Paycom, benefitexpress, Namely, Paycor, BerniePortal, BambooHR, ADP, InfinityHR, Empyrean Benefit Solutions, Employee Navigator, Workday, Zenefits, Ceridian, Gusto, WageWorks, Selerix, SAP (partnered with Benefitfocus), BreatheHR, bswift, Businesssolver Which region is the most profitable for the Benefits Administration Software market? The emerging economies in the Asia Pacific region will be the lucrative markets for Benefits Administration Software products. . What is the current size of the Benefits Administration Software market? The current market size of global Benefits Administration Software market is estimated to be USD XX in 2021. Get Discount instant FLAT40% Discount on full Benefits Administration Software Report @  jcmarketresearch.com/report-details/1329161/discount   North America is the region’s largest market for Benefits Administration Software. North America includes countries such as the US, Canada, and Mexico. North America is the second-largest consumer and producer of electricity, after Asia Pacific. The US and Canada, which are among the largest consumers in this region as well as globally, constitute the largest share of the Benefits Administration Software market. Secondary Research: This Benefits Administration Software research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases. Benefits Administration Software Primary Research: Various sources from both the supply and demand sides were interviewed during the Benefits Administration Software primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants. Estimation of Benefits Administration Software Market Size The total size of the Benefits Administration Software market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:   Extensive secondary research was used to identify the industry’s key players. The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research. All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources. TABLE OF CONTENTS OF Benefits Administration Software Market Report 1 INTRODUCTION 1.2 Benefits Administration Software definition 1.3 Benefits Administration Software inclusions & exclusions 1.4 Benefits Administration Software market scope 1.5 Benefits Administration Software report years considered 1.6 Benefits Administration Software currency 1.7 Benefits Administration Software limitations 1.8 Benefits Administration Software industry stakeholders 1.9 Benefits Administration Software summary of changes 2 RESEARCH METHODOLOGY 2.2 Benefits Administration Software market breakdown and data triangulation 2.3 Benefits Administration Software scope 2.4 impact of covid-19 on Benefits Administration Software industry 2.5 Benefits Administration Software market size estimation 3 Benefits Administration Software EXECUTIVE SUMMARY 4 Benefits Administration Software PREMIUM INSIGHTS 4.1 attractive opportunities in Benefits Administration Software market 4.2 Benefits Administration Software market, by region 4.3 Benefits Administration Software market in North America, by end user & country 4.4 Benefits Administration Software market, by application 4.5 Benefits Administration Software market, by end user 5 Benefits Administration Software MARKET OVERVIEW 5.1 Benefits Administration Software introduction 5.2 covid-19 Benefits Administration Software health assessment 5.3 Benefits Administration Software road to recovery 5.4 covid-19 Benefits Administration Software economic assessment 5.5 Benefits Administration Software market dynamics 5.6 Benefits Administration Software trends 5.7 Benefits Administration Software market map 5.8 average pricing of Benefits Administration Software 5.9 Benefits Administration Software trade statistics 5.8 Benefits Administration Software value chain analysis 5.9 Benefits Administration Software technology analysis 5.10 Benefits Administration Software tariff and regulatory landscape 5.11 Benefits Administration Software: patent analysis 5.14 Benefits Administration Software porter’s five forces analysis 6 Benefits Administration Software MARKET, BY APPLICATION 6.1 Benefits Administration Software Introduction 6.2 Benefits Administration Software Emergency 6.3 Benefits Administration Software Prime/Continuous 7 Benefits Administration Software MARKET, BY END USER 7.1 Benefits Administration Software Introduction 7.2 Benefits Administration Software Residential 7.3 Benefits Administration Software Commercial 7.4 Benefits Administration Software Industrial 8 GEOGRAPHIC ANALYSIS 8.2 Benefits Administration Software industry by North America 8.3 Benefits Administration Software industry by Asia Pacific 8.4 Benefits Administration Software industry by Europe 8.5 Benefits Administration Software industry by Middle East & Africa 8.6 Benefits Administration Software industry by South America 9 Benefits Administration Software COMPETITIVE LANDSCAPE 9.1 Benefits Administration Software Key Players Strategies 9.2 Benefits Administration Software Market Share Analysis Of Top Five Players 9.3 Benefits Administration Software Market Evaluation Framework 9.4 Revenue Analysis Of Top Five Benefits Administration Software Market Players 9.5 Benefits Administration Software Company Evaluation Quadrant 9.6 Benefits Administration Software Competitive Leadership Mapping Of Start-Ups 9.7 Benefits Administration Software Competitive Scenario 10 Benefits Administration Software COMPANY PROFILES 10.1 Benefits Administration Software Major Players 10.2 Benefits Administration Software Startup/Sme Players 11 APPENDIX 11.2 Benefits Administration Software Discussion Guide 11.3 Benefits Administration Software Knowledge Store 11.4 Benefits Administration Software Available Customizations 11.5 Benefits Administration Software Related Reports 11.6 Benefits Administration Software Author Details Buy instant copy of Benefits Administration Software research report @  jcmarketresearch.com/checkout/1329161 Find more research reports on  Benefits Administration Software Industry. By JC Market Research. About Author: JCMR global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

Empyrean Benefit Solutions Frequently Asked Questions (FAQ)

  • Where is Empyrean Benefit Solutions's headquarters?

    Empyrean Benefit Solutions's headquarters is located at 3010 Briarpark Drive, Houston.

  • What is Empyrean Benefit Solutions's latest funding round?

    Empyrean Benefit Solutions's latest funding round is Acquired.

  • How much did Empyrean Benefit Solutions raise?

    Empyrean Benefit Solutions raised a total of $53.32M.

  • Who are the investors of Empyrean Benefit Solutions?

    Investors of Empyrean Benefit Solutions include Securian Financial Group, Claritas Capital and FTV Capital.

  • Who are Empyrean Benefit Solutions's competitors?

    Competitors of Empyrean Benefit Solutions include Businessolver and 1 more.

  • What products does Empyrean Benefit Solutions offer?

    Empyrean Benefit Solutions's products include Benefits Administration.

Compare Empyrean Benefit Solutions to Competitors

Businessolver Logo
Businessolver

Businessolver provides benefits management solutions. It offers flex spending accounts, custom communication and fulfillment, verification, direct billing, voluntary benefits enrollment, and pooled insurance services. The company was founded in 1998 and is based in West Des Moines, Iowa.

Bswift Logo
Bswift

Bswift provides cloud-based software and services to streamline benefits, HR, and payroll administration for employers and public and private exchanges nationwide. The platform delivers configurable technology for operating public and private health care exchanges and for handling traditional benefits administration. The portal features decision support tools, integration with carriers, wellness and payroll vendors, access via mobile devices, and tracking and reporting tools. The company was founded in 1996 and is based in Chicago, Illinois.

Amino Logo
Amino

Amino is an online healthcare platform that provides free consumer products that allow people to estimate their costs and book appointments with doctors, hospitals, and imaging centers. The company was founded in 2013 and is based in San Francisco, California.

NewRetirement Logo
NewRetirement

NewRetirement delivers a hybrid financial planning solution to consumers and enterprises, with online software, digital coaching, educational classes, and human advice. The company develops an AI-based platform and modeling engine that considers thousands of scenarios, enabling individuals to do holistic accumulation and decumulation planning with digital guidance, and at scale for enterprises. NewRetirement was founded in 2015 and is based in Mill Valley, California.

HealthJoy Logo
HealthJoy

HealthJoy is a healthcare decision platform that helps consumers protect out-of-pocket expenses through better decisions. It uses JOY, a human-supported virtual healthcare assistant, to guide consumers across a wide range of decisions and personally tailored healthcare savings. JOY is supported by a team from both the healthcare and health insurance industries. The company was founded in 2014 and is based in Chicago, Illinois.

S
Summus Global

Summus Global provides access to top-tier physicians across the spectrum of specialty medicine. Summus informs medical decisions through fast, virtual access to medical expertise. The platform empowers families through direct access to its virtual networks of specialists across hospitals - within days, from anywhere in the world. The firm was founded in 2015 and is based in New York, New York.

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