BenePass - About the company
BenePass is a series B company based in New York City (United States), founded in 2019 by Mark Fischer, Kabir Soorya and Jaclyn Chen. It operates as a Provider of financial technology platforms for managing employee benefit programs. BenePass has raised $74.6M in funding from investors like Gradient Ventures, Centana Growth Partners and Clocktower Ventures. The company has 829 active competitors, including 202 funded and 117 that have exited. Its top competitors include companies like Hinge Health, Ekincare and Sharecare.
Company Details
Provider of financial technology platforms for managing employee benefit programs. These systems facilitate the administration of pre-tax accounts, lifestyle spending accounts, and health reimbursement arrangements. The technology integrates with payroll and human resources information systems to automate enrollment, contributions, and deductions. Employees utilize provided payment cards to access funds for medical expenses, commuting costs, professional development, and wellness activities. The infrastructure supports compliance and tracking for various employer-funded benefit offerings.
- Website
- getbenepass.com
- Email ID
- *****@getbenepass.com
- Phone Number
- +1 **********
- Registered Address
- 228 PARK AVE S C/O PMB 67038,NEW YORK,NY,10003,0
Key Metrics
Founded Year
2019
Location
New York City, United States
Stage
Series B
Total Funding
$74.6M in 4 rounds
Latest Funding Round
Investors
Ranked
18th among 829 active competitors
Employee Count
120 as on Jul 31, 2026
Similar Companies
Legal entities associated with BenePass
BenePass is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BENEPASS INC CIN: 32080184545 , United States, Active | - | - | - |
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BenePass's funding and investors
BenePass has raised a total funding of $74.6M over 4 rounds. Its first funding round was on May 26, 2020. Its latest funding round was a Series B round on Nov 21, 2025 for $*****. 3 investors participated in its latest round. BenePass has 21 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of BenePass:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 21, 2025 | 8779661 | Series B | 8672574 | 8033492 | 7210863 | 8359300 |
Jan 31, 2024 | 5219568 | Series B | 5270976 | 2488161 | 6392767 | |
Jul 29, 2021 | 6864631 | Series A | 5058521 | 4848973 |
View details of BenePass's funding rounds and investors
BenePass' founders and board of directors
Founder? Claim ProfileThe founders of BenePass are Mark Fischer, Kabir Soorya and Jaclyn Chen. Jaclyn Chen is the CEO of BenePass.
Here are the details of BenePass' key team members:
- Mark Fischer: Co-Founder of BenePass and founder of 1 other company. They serve on the board of 1 company.
- Kabir Soorya: Co-Founder & CTO of BenePass. They serve on the board of 1 company.Contact Info: 1 email address
- Jaclyn Chen: Co-Founder & CEO of BenePass. They serve on the board of 1 company.
BenePass' Board of Directors
BenePass's board has 4 active members. Mark Fischer, Kabir Soorya, Jaclyn Chen and Stephanie Choo are independent board members.Here is the list of BenePass' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 2y 6m | |
sfmreco | Independent board member | - | Current | 4y 8m |
hqwjjji | Independent board member | - | Current | 3y 8m |
evsubhs | Independent board member | - | Current | 6y 3m |
View details of BenePass's Founder profiles and Board Members
BenePass' employee count trend
BenePass has 120 employees as of Jul 26. Here is BenePass's employee count trend over the years:
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BenePass's Competitors and alternates
Top competitors of BenePass include Hinge Health, Ekincare and Sharecare. Here is the list of Top 10 competitors of BenePass, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hinge Health 2015, San Francisco (United States), Public | Provider of virtual physical therapy and digital pain care solutions | $854M | 83/100 | |
2nd | Provider of employee health benefits platform offering health and wellness programs | $28M | 79/100 | ||
3rd | Sharecare 2010, United States, Acquired | Provider of health and wellness social network for employees | $64M | 78/100 | |
4th | Castlight 2008, San Francisco (United States), Acquired | Cloud-based healthcare information on providers and pricing for enterprises | $181M | 76/100 | |
5th | HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 74/100 | |
6th | Sword Health 2015, New York (United States), Series E | Provider of AI-powered digital physical therapy and pelvic health solutions | $450M | 74/100 | |
7th | Cigna 1792, Philadelphia (United States), Public | Provider of health insurance, dental plans and medicare coverage | - | 74/100 | |
8th | Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | 74/100 | |
9th | Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | 74/100 | |
10th | Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services | - | 73/100 | ||
18th | BenePass 2019, New York City (United States), Series B | Provider of financial technology platforms for managing employee benefit programs | $74.6M | 70/100 |
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BenePass's Investments and acquisitions
BenePass has made no investments or acquisitions yet.
Reports related to BenePass
Here is the latest report on BenePass's sector:
News related to BenePass
Media has covered BenePass for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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Benepass bags $40M to help employers redesign benefitsTech Funding News•Jan 21, 2026•Portage, BenePass, Threshold, Centana Growth Partners and 1 other
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Benepass & Workday strategic wellness partnership improves benefitsBenzinga•Aug 28, 2025•BenePass, Workday, TeamBuildr
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Benepass Raises $20M in FundingFinSMEs•Jan 31, 2024•BenePass, Portage, Clocktower Ventures, Workday Ventures and 3 others
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Benepass raises $2.4 million to help employees get the most out of their tax-advantaged benefitsTechCrunch+•May 26, 2020•BenePass, Gradient Ventures, Google, Global Founders Capital and 6 others
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