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IBenefits

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Web-based employee benefit management tools

El Segundo, United StatesFounded 1998Hosting
Valuation $100–250M Last recorded · 2000
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for IBenefits and the history behind them.

About IBenefits

IBenefits operates as a multifaceted benefits consulting organization, with a history dating back to 2007. The firm is dedicated to providing employers with customized and affordable health and wellness solutions. Its core business involves professional brokerage and consulting services for employee benefits, aiming to help client companies attract and retain employees through well-structured benefit programs.

The company serves as a benefits consultant and insurance services provider, analyzing market options to design and manage healthcare insurance programs for its clients' employees. The business model centers on creating value-driven strategies rather than following market trends. Through iBenefits Insurance Services, LLC, and strategic alliances, the firm provides access to a comprehensive suite of insured benefits and consulting expertise. In January 2022, iBenefit Communication, an employee engagement and enrollment services firm, announced the acquisition recapitalization of Benefit Technology Resources (BTR), a leading HR technology consultancy. This merger expanded the company's service offerings to include HR technology consultation and deployment alongside its established personalized enrollment and communication services. The founder and CEO of iBenefit Communication is Phillip Goodrum.

IBenefits' services cater to employers looking for integrated solutions for employee communication and enrollment. The firm's offerings include a range of adaptable HR, benefits, and payroll service modules, allowing for flexibility based on specific business requirements. Clients can gain fractional ownership access to a team of specialists to manage their HR infrastructure, covering technology, processes, policies, and administration. The company also has a mobile application that allows members of a benefits club to access offers and discounts from various categories like travel, restaurants, and retail directly from their mobile devices.

Source: Dealroom company data

At a glance

Status
Closed
Founded
1998
Headquarters
El Segundo, United States
Open positions
None listed
Dealroom signal
0.0/100
Industry
Hosting
Sector
Hosting, App
Client focus
b2b
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Jul 2000 $41M $164M Trident Capital · Capital Z Partners · ReliaStar Financial Corp —
SERIES BOther financing Jan 2000 $10M $40M Trident Capital · Endeavor Capital Management —
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Growth signals

IBenefits website traffic

Latest recorded traffic for IBenefits is 260 monthly website visits, down 25.7% over the last three months.

Latest monthly visits260 3-month web change-25.7%
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Investments and acquisitions

Capital deployed

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

Investors

4 investors on the cap table

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

Series A2 investors entered at this stage

  • Trident Capital
  • Endeavor Capital Management

Series B and later2 investors entered at this stage

  • Capital Z Partners
  • ReliaStar Financial Corp
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
🇺🇸 United States · El Segundo HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about IBenefits 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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