When was Bswift founded?

Bswift was founded in 1996 and raised its 1st funding round 18 years after it was founded.

Where is Bswift located?

Bswift is headquartered in Chicago, United States.

How many employees does Bswift have?

As of May 31, 2026, the latest employee count at Bswift is 1317.

Is Bswift a funded company?

Bswift is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Apr 02, 2014.

When was the latest funding round of Bswift?

Bswift's latest funding was a $***** PE round on Apr 02, 2014, with participation from 1 investor. Its primary sector is HRTech. In United States, the HRTech sector has seen $817M in funding in 2026 to date.

Where does Bswift rank among its competitors?

Bswift ranks 16th amongst 1024 active competitors, of which 230 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Ekincare, which secured $1.01M in Jan, 2026.

Who are the top competitors of Bswift?

Bswift's top competitors include Hinge Health, Accolade and Sharecare. Among them, Ekincare secured the most recent funding round in January, 2026.

Bswift - 2026 Company Profile, Team, Funding & Competitors

Bswift is an acquired company based in Chicago (United States), founded in 1996 by Rich Gallun. It operates as a Provider of benefits administration solutions for enterprises. Bswift has raised $51M in funding from Great Hill Partners. The company has 1024 active competitors, including 230 funded and 134 that have exited. Its top competitors include companies like Hinge Health, Accolade and Sharecare.

Company Details

Provider of benefits administration solutions for enterprises. It provides AI-driven guidance for benefits enrollment and improving process for both employees and HR departments. It provides tool provides tailored benefits package recommendations based on individual employee needs.

Website: www.bswift.com/
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Key Metrics

Founded Year

1996

Location

Chicago, United States

Stage

Acquired

Total Funding

$51M in 1 round

Latest Funding Round

PE, Apr 02, 2014, $*****

Investors

Great Hill Partners & 1 more

Ranked

16^th among 1024 active competitors

Employee Count

1,317 as on May 31, 2026

Investment & Acquisitions

Evive & 1 more

Similar Companies

Accolade & 1079 more

Exit Details

Acquired by Francisco Partners (Oct 03, 2022)

View Bswift's full profile

Bswift is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BSWIFT, LLC CIN: 364391310 , United States, Active	Dec 31, 1999	-	1170 (As on Dec 31, 2024)	-
BSWIFT LLC CIN: 761556 , United States, Active	Aug 31, 2023	-	-	-

Bswift got acquired by Francisco Partners on Oct 03, 2022.

Click here to take a look at Bswift's acquisition in detail

Bswift has raised a total funding of $51M over 1 round. Its latest funding round was a PE round on Apr 02, 2014 for $*****. 1 investor participated in its latest round. Bswift has 2 institutional investors.

Here is the list of recent funding rounds of Bswift:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 02, 2014	9980768	PE	4734988	9139935	5575788	4619583

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View details of Bswift's funding rounds and investors

The founders of Bswift is Rich Gallun.

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

Rich Gallun: Co-Founder & ex-CEO of Bswift. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Ted Bloomberg: CEO of Bswift.
Contact Info: 1 email address

View details of Bswift's Founder profiles and Board Members

Bswift's employee count trend

Bswift has 1,317 employees as of May 26. Here is Bswift's employee count trend over the years:

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Top competitors of Bswift include Hinge Health, Accolade and Sharecare. Here is the list of Top 10 competitors of Bswift, ranked by Tracxn score:

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	Tiger Global Management, Coatue & 14 others	83/100
2nd	Accolade 2007, Plymouth Meeting (United States), Acquired	Cloud-based platform for employee health benefits	$228M	McKesson, Andreessen Horowitz & 17 others	83/100
3rd	Sharecare 2010, United States, Acquired	Provider of health and wellness social network for employees	$64M	Trinity Health, Summit Partners & 25 others	79/100
4th	Ekincare 2015, Hyderabad (India), Series B	Provider of employee health benefits platform offering health and wellness programs	$28M	Ventureast, HealthQuad & 42 others	78/100
5th	Castlight 2008, San Francisco (United States), Acquired	Cloud-based healthcare information on providers and pricing for enterprises	$181M	Morgan Stanley, Maverick Ventures & 10 others	77/100
6th	HealthEquity 2002, Draper (United States), Public	Employee benefits management platform for individuals and businesses	$15.3M	Berkley Capital, Napier Park Global Capital ... & 4 others	74/100
7th	Optum 2008, Chennai (India), Funding Raised	Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services	-	Insight Partners, Riata Capital	74/100
8th	Sword Health 2015, New York (United States), Series E	Provider of AI-powered digital physical therapy and pelvic health solutions	$450M	Khosla Ventures, General Catalyst & 37 others	74/100
9th	Wellhub 2012, New York City (United States), Series F	Cloud based corporate wellness program for employee health, productivity, and retention	$85M	General Atlantic, EQT & 21 others	74/100
10th	Cigna 1792, Philadelphia (United States), Public	Provider of health insurance, dental plans and medicare coverage	-	JANA Partners, Tekla Capital Management & 3 others	74/100
16th	Bswift 1996, Chicago (United States), Acquired	Provider of benefits administration solutions for enterprises	$51M	Great Hill Partners, Escalate Capital Partners	72/100