When was Empyrean founded?

Empyrean was founded in 2006 and raised its 1st funding round within a year of its incorporation.

Where is Empyrean located?

Empyrean is headquartered in Houston, United States. It is registered at Houston, Texas.

How many employees does Empyrean have?

As of May 31, 2026, the latest employee count at Empyrean is 1091.

Is Empyrean a funded company?

Empyrean is a funded company, having raised a total of $56M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2006.

When was the latest funding round of Empyrean?

Empyrean's latest funding was a $***** Series C round on Apr 03, 2015, with participation from 0 investor.

Where does Empyrean rank among its competitors?

Empyrean ranks 40th amongst 1022 active competitors, of which 232 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Sword Health, which secured $40M in Jun, 2025.

Who are the top competitors of Empyrean?

Empyrean's top competitors include Accolade, Hinge Health and Practo. Among them, Sword Health secured the most recent funding round in June, 2025.

Empyrean - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of employee benefits solutions for enterprises. The company specializes in the administration of employee benefits including services such as eligibility and vendor management, direct billing, and other administrative solutions. It uses AI technology to provide personalized benefit recommendations based on individual health data. It offers tools for engagement solution that helps organizations create and measure internal communications, productivity tools, and wellbeing initiatives.

Website: goempyrean.com
Social
Phone Number: +1 **********
Registered Address: Houston, Texas

Key Metrics

Founded Year

2006

Location

Houston, United States

Stage

Acquired

Total Funding

$56M in 5 rounds

Latest Funding Round

Series C, Apr 03, 2015, $*****

Investors

FTV Capital & 3 more

Ranked

40^th among 1022 active competitors

Employee Count

1,091 as on May 31, 2026

Investment & Acquisitions

Enspire & 1 more

Similar Companies

Accolade & 1041 more

Exit Details

Acquired by Securian Financial (Nov 25, 2019)

View Empyrean's full profile

Empyrean is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EMPYREAN BENEFIT SOLUTIONS, INC. CIN: 203029813 , United States, Active	Dec 26, 999	-	872 (As on Dec 31, 2024)	-

Empyrean got acquired by Securian Financial on Nov 25, 2019.

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

Empyrean has raised a total funding of $56M over 5 rounds. Its first funding round was on 2006. Empyrean has 4 institutional investors.

Here is the list of recent funding rounds of Empyrean:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 03, 2015	2635927	Series C	1309401	6736891	3847788	1024183
Feb 27, 2013	1396354	Series C	4372238	4273264	3319179	6062290
May 23, 2007	6456000	Series B	5741453	6927029	9890361	5460074

Access funding benchmarks and valuations. Sign up today!

View details of Empyrean's funding rounds and investors

The founders of Empyrean are Richard Wolfe and David Carlson.

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

Richard Wolfe: Co-Founder & CEO of Empyrean and founder of 2 other companies, Collective Artists Network and EmpyreanGo.
Contact Info: 2 email addresses
David Carlson: Former Chairman, Co-founder of Empyrean.

View details of Empyrean's Founder profiles and Board Members

Empyrean's employee count trend

Empyrean has 1,091 employees as of May 26. Here is Empyrean's employee count trend over the years:

Uncover Empyrean's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Accolade 2007, Plymouth Meeting (United States), Acquired	Cloud-based platform for employee health benefits	$228M	McKesson, Andreessen Horowitz & 17 others	84/100
2nd	Hinge Health 2015, San Francisco (United States), Public	Provider of virtual physical therapy and digital pain care solutions	$854M	Coatue, Tiger Global Management & 13 others	82/100
3rd	Practo 2008, Bengaluru (India), Series D	Online platform for booking doctor appointments and consulting healthcare professionals	$228M	Peak XV Partners, Tencent & 29 others	78/100
4th	Ekincare 2015, Hyderabad (India), Series B	Provider of employee health benefits platform offering health and wellness programs	$27M	Ventureast, Eight Roads Ventures & 41 others	77/100
5th	Castlight 2008, San Francisco (United States), Acquired	Cloud-based healthcare information on providers and pricing for enterprises	$181M	Redmile Group, Maverick Ventures & 10 others	77/100
6th	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	Warburg Pincus, NewStar Financial & 4 others	75/100
7th	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 & 36 others	75/100
8th	HealthEquity 2002, Draper (United States), Public	Employee benefits management platform for individuals and businesses	$15.3M	Berkley Capital, Napier Park Global Capital ... & 4 others	75/100
9th	Businessolver 1998, West Des Moines (United States), Late Stage	Cloud-based employee benefits administration solution	$65.2M	JMI Management, Warburg Pincus & 4 others	75/100
10th	Cigna 1792, Philadelphia (United States), Public	Provider of health insurance, dental plans and medicare coverage	-	JANA Partners, Tekla Capital Management & 3 others	75/100
40th	Empyrean 2006, Houston (United States), Acquired	Provider of employee benefits solutions for enterprises	$56M	FTV Capital, Paraclete Capital & 2 others	61/100