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Benepass

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Helping companies distribute their benefits to their employees through a single benefits card and mobile app

New York City, United StatesFounded 2019Fintech
Valuation $100–250M Last recorded · 2026
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Benepass and the history behind them.

About Benepass

Benepass is a startup that focuses on helping companies manage and distribute employee benefits in a more efficient and personalized way. The company operates in the employee benefits market, which includes services like health and wellness programs, professional development funds, and other perks that companies offer to their employees. Benepass serves a wide range of clients, primarily targeting businesses that want to enhance their employee experience and streamline their benefits administration.

The core offering of Benepass is a versatile benefits platform that includes both virtual and physical cards, as well as mobile wallets. This allows employees to access their benefits on the go, making it easier for them to use and manage their perks. The platform is designed to be simple and customizable, enabling employers to set specific rules for contributions, employee eligibility, and benefits coverage.

Benepass makes money through a business-to-business (B2B) model. Companies pay Benepass for access to its platform and services, which helps them manage and distribute their employee benefits more effectively. The startup also partners with financial institutions like Celtic Bank to issue its benefit cards, ensuring secure and reliable transactions.

One of the standout features of Benepass is its user-friendly mobile app and responsive customer service team. Employees appreciate the simplicity of the app, which makes it easy for them to track and use their benefits. The customer service team is known for being extremely collaborative and quick to respond, further enhancing the overall employee experience.

In summary, Benepass is a startup that aims to revolutionize the way companies manage employee benefits. By offering a flexible, easy-to-use platform, Benepass helps businesses take better care of their employees, ultimately boosting morale and productivity.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
New York City, United States
Employees
112
Open positions
3
Dealroom signal
93.1/100
Industry
Fintech, Enterprise Software
Sub-industry
Financial Management Solutions
Sector
Fintech, YC W20
Technology
Mobile app
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jan 2026 $40M $160M FoW Partners · Centana Growth Partners · Threshold Ventures · Portage Ventures ↗
EARLY VCOther financing Jan 2024 $20M $80M Threshold Ventures · Workday Ventures · Clocktower Technology Ventures · Gradient Ventures ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021 —
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Growth signals

Benepass website traffic

Latest recorded traffic for Benepass is 110K monthly website visits, up 0% over the last three months. Benepass's team grew 31.8% over the past year.

Latest monthly visits110K 3-month web change0% 1-year team growth+31.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

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Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A10 investors entered at this stage

Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇺🇸 United States88%
🇧🇷 Brazil6%
🇨🇦 Canada3%
🇵🇭 Philippines1%
🇬🇧 United Kingdom1%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Benepass on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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