Tech Company Financing Transactions
BenefitBay Funding Round
BenefitBay, based in Omaha, scored $2.5 million from Comeback Capital and Right Side Capital Management.
Transaction Overview
Company Name
Announced On
4/6/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Comeback Capital (Lead Investor) (Scott Shane)
Right Side Capital Management (Lead Investor) (Dave Lambert)
Proceeds Purpose
This funding will be used to unlock additional tech improvements, ensure quality of the delivered product to customers, and improve the overall user experience for their clients.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
13750 Millard Ave 100
Omaha, NE 68137
USA
Omaha, NE 68137
USA
Phone
Undisclosed
Website
Email Address
Overview
Benefitbay began developing our ICHRA platform in 2012. We solved deployment hurdles before others were getting started. Our management pairs years of combined experience in health benefits with a best-in-class team of engineers. The result - a simple, streamlined suite of tools that will manage every aspect of ICHRA from plan modeling and compliance to deployment and enrollment. Our compliance standards have been rigorously tested by one of the leading consulting firms in the country, enabling brokers and their clients to rest assured their ICHRA plans live up to both regulatory standards and employee expectations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brandy Burch
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