When was Benifex founded?

Benifex was founded in 2003 and raised its 1st funding round 8 years after it was founded.

Where is Benifex located?

Benifex is headquartered in Southampton, United Kingdom. It is registered at Mountbatten House, Grosvenor Square, Southampton, Hampshire, SO15 2JU.

Who is the current CEO of Benifex?

Matt Macri-Waller of Benifex. They have also founded 1 company.

Which legal entities is Benifex associated with?

Benifex is associated with BENEFEX HOLDINGS LIMITED and 1 other.

How many employees does Benifex have?

As of Jul 31, 2026, the latest employee count at Benifex is 999.

Is Benifex a funded company?

Benifex is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Oct 07, 2011.

When was the latest funding round of Benifex?

Benifex's latest funding was a $***** Series A round on Oct 07, 2011, with participation from 1 investor.

Where does Benifex rank among its competitors?

Benifex ranks 106th amongst 432 active competitors, of which 72 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Wright Express, which secured an undisclosed amount in May, 2025.

Who are the top competitors of Benifex?

Benifex's top competitors include Swile, Alight and Wright Express. Among them, Wright Express secured the most recent funding round in May, 2025.

Benifex - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of employee benefits and rewards technology platform. It offers a comprehensive suite of tools for managing and engaging employees in benefits programs globally. The platform includes features for administering benefits, providing discounts, managing reward and recognition programs, supporting employee wellbeing initiatives, and offering card-based allowances. It also provides resources such as research reports, webinars, and articles to help clients deliver exceptional employee experiences. The platform aims to connect all aspects of employee benefits, wellbeing, rewards, and recognition into a single, accessible system.

Website: benifex.com
Social
Email ID: *****@benifex.co.uk
Phone Number: +44 **********
Registered Address: Mountbatten House, Grosvenor Square, Southampton, Hampshire, SO15 2JU

Key Metrics

Founded Year

2003

Location

Southampton, United Kingdom

Stage

Series A

Total Funding

$6.48M in 1 round

Latest Funding Round

Series A, Oct 07, 2011, $*****

Investors

BGF

Ranked

106^th among 432 active competitors

Employee Count

999 as on Jul 31, 2026

Similar Companies

Swile & 496 more

View Benifex's full profile

Benifex is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BENEFEX HOLDINGS LIMITED CIN: 6451271 , United Kingdom, Active		-	-
Benifex Limited CIN: 04768546 , United Kingdom, Active	May 18, 2003	-	-

Benifex has raised a total funding of $6.48M over 1 round. Its latest funding round was a Series A round on Oct 07, 2011 for $*****. 1 investor participated in its latest round. Benifex has 1 institutional investor.

Here is the list of recent funding rounds of Benifex:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 07, 2011	5234653	Series A	2671483	7589114	2291602	4968422

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View details of Benifex's funding rounds and investors

The founders of Benifex is Matt Macri-Waller.

Here are the details of Benifex's key team members:

Matt Macri-Waller: Founder & CEO of Benifex and founder of 1 other company.

View details of Benifex's Founder profiles and Board Members

Benifex's employee count trend

Benifex has 999 employees as of Jul 26. Here is Benifex's employee count trend over the years:

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Top competitors of Benifex include Swile, Alight and Wright Express. Here is the list of Top 10 competitors of Benifex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Swile 2016, Paris (France), Series D	Provider of employee benefits and expense management via a smartcard	$328M	Index Ventures, SoftBank Group & 11 others	79/100
2nd	Alight 2015, Lincolnshire (United States), Public	Provider of technology-enabled solutions for health, wealth, and human capital	$10.5M	Caterpillar, ADIA & 3 others	74/100
3rd	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	NewStar Financial, Warburg Pincus & 5 others	73/100
4th	Businessolver 1998, West Des Moines (United States), Late Stage	Cloud-based employee benefits administration solution	$65.2M	Stone Point Capital, JMI Management & 4 others	72/100
5th	ePassi 2007, Espoo (Finland), Acquired	Online payment solution for businesses	$45.4M	First Fellow Partners, Bregal Milestone & 1 others	72/100
6th	Bswift 1996, Chicago (United States), Acquired	Provider of benefits administration solutions for enterprises	$51M	Great Hill Partners, Escalate Capital Partners	72/100
7th	Zenefits 2013, Tempe (United States), Acquired	Cloud-based platform for HR and payroll management solutions	$598M	Andreessen Horowitz, Fidelity Investments ... & 49 others	70/100
8th	Justworks 2012, New York City (United States), Series E	Benefits administration & payroll management solution for businesses	$148M	Index Ventures, FirstMark & 13 others	69/100
9th	HealthMine 2008, San Francisco (United States), Series C	Provider of technology and services for healthcare member engagement and quality	$75M	Psilos Group, Saints Capital & 4 others	69/100
10th	Nayya 2010, New York City (United States), Series C	Provider of an AI platform optimizing employee health and wealth benefits	$106M	Iconiq Capital, Workday Ventures & 16 others	69/100
106th	Benifex 2003, Southampton (United Kingdom), Series A	Provider of employee benefits and rewards technology platform	$6.48M	BGF	32/100