Tech Company Financing Transactions

Benepass Funding Round

Benepass, based in New York, received $20 million from Clocktower Technology Ventures, Portage and Gradient Ventures.

Transaction Overview

Company Name
Announced On
1/31/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

Clocktower Technology Ventures (Lead Investor)

Portage (Lead Investor) (Stephanie Choo)

Gradient Ventures (Darian Shirazi)

Threshold Ventures (Mo Islam)

Workday Ventures

Proceeds Purpose
The company intends to use the funds to scale distribution and accelerate product development.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
101 W 24th St. 17c
New York, NY 10011
USA
Email Address
Overview
We help companies take care of their people. People are their most productive when they take care of themselves and their families. Benepass improves access to benefits, maximizes flexibility, and increases ease-of-use.
Profile
Benepass LinkedIn Company Profile
Social Media
Benepass Company Twitter Account
Company News
Benepass News
Facebook
Benepass on Facebook
YouTube
Benepass on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jaclyn Chen
  Jaclyn Chen LinkedIn Profile  Jaclyn Chen Twitter Account  Jaclyn Chen News  Jaclyn Chen on Facebook
Chief Operating Officer
Mark Fischer
  Mark Fischer LinkedIn Profile  Mark Fischer Twitter Account  Mark Fischer News  Mark Fischer on Facebook
Chief Technical Officer
Kabir Soorya
  Kabir Soorya LinkedIn Profile  Kabir Soorya Twitter Account  Kabir Soorya News  Kabir Soorya on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/31/2024: Clevergy venture capital transaction
Next: 1/31/2024: Metronome Technologies venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to document tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary