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Alight - About the company

Alight is a public company based in Lincolnshire (United States), founded in 2015 by Chris Michalak. It operates as a Provider of technology-enabled solutions for health, wealth, and human capital. Alight has raised $10.5M in funding from Caterpillar. The company has 337 active competitors, including 48 funded and 33 that have exited. Its top competitors include companies like Swile, Wright Express and Businessolver.

Company Details

Provider of technology-enabled solutions for health, wealth, and human capital. The company offers benefits administration, healthcare navigation, and employee experience services. It also provides retirement benefits administration, financial wellbeing, and pension risk transfer solutions. The company delivers absence management, leave administration, and leave management software.
Social
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Email ID
*****@alight.com
Phone Number
+1 **********
Registered Address
4 Overlook Point Lincolnshire, IL 60069
Key Metrics
Founded Year
2015
Location
Lincolnshire, United States
Stage
Public
Total Funding
$10.5M in 3 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
$1B+ as on Dec 31, 2024
Employee Count
14 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Alight's IPO details

Alight got listed on Jul 17, 2020.
Click here to take a look at Alight's IPO in detail
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Alight's funding and investors

Alight has raised a total funding of $10.5M over 3 rounds. Its first funding round was on Dec 21, 2015. Alight has 5 institutional investors.

Here is the list of recent funding rounds of Alight:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 26, 2017
7999692
Series A
4667566
6165118
4779557
1429926
Mar 30, 2017
5818244
Series A
4294784
8038344
2935951
8128228
Dec 21, 2015
2407825
Seed
7145462
2659070
8320281
2128396
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Alight's founders and board of directors

Founder? Claim Profile
The founders of Alight is Chris Michalak. Stephan Scholl is the CEO of Alight.
Here are the details of Alight's key team members:

Alight's employee count trend

Alight has 14 employees as of Jul 26. Here is Alight's employee count trend over the years:
Employee count trend for Alight
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Alight's Competitors and alternates

Top competitors of Alight include Swile, Wright Express and Businessolver. Here is the list of Top 10 competitors of Alight, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Swile
Swile
2016, Paris (France), Series D
Provider of employee benefits and expense management via a smartcard
$328M
79/100
2nd
Logo for Alight
Alight
2015, Lincolnshire (United States), Public
Provider of technology-enabled solutions for health, wealth, and human capital
$10.5M
72/100
3rd
Logo for Wright Express
Wright Express
1983, Portland (United States), Public
Provider of fleet management, employee benefits, and business payment solutions
-
73/100
4th
Logo for Businessolver
Businessolver
1998, West Des Moines (United States), Late Stage
Cloud-based employee benefits administration solution
$65.2M
73/100
5th
Logo for ePassi
ePassi
2007, Espoo (Finland), Acquired
Online payment solution for businesses
$45.4M
72/100
6th
Logo for Zenefits
Zenefits
2013, Tempe (United States), Acquired
Cloud-based platform for HR and payroll management solutions
$598M
70/100
7th
Logo for Justworks
Justworks
2012, New York City (United States), Series E
Benefits administration & payroll management solution for businesses
$148M
69/100
8th
Logo for HealthMine
HealthMine
2008, San Francisco (United States), Series C
Provider of technology and services for healthcare member engagement and quality
$75M
69/100
9th
Logo for Beam
Beam
2012, Columbus (United States), Acquired
Provider of health insurance solutions for employees
$264M
66/100
10th
Logo for PlanSource
PlanSource
2008, Orlando (United States), Acquired
Cloud-based HR and benefits administration platform for SMB
$94M
64/100
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Alight's Investments and acquisitions

Alight has not made any investments yet. Alight has made 8 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 06, 2022
Acquisition
Westminster (United States)
Aug 22, 2019
Acquisition
1969
Hemel Hempstead (United Kingdom)
Jul 02, 2019
Acquisition
2004
Atlanta (United States)
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See all acquisitions by Alight

Reports related to Alight

Here is the latest report on Alight's sector:

News related to Alight

lockFilter this list
Media has covered Alight for a total of 59 events in the last 1 year, 21 of them have been about company updates and 9 about people movement.
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FAQs about Alight

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