Empyrean - About the company
Empyrean is an acquired company based in Houston (United States), founded in 2006 by Richard Wolfe. It operates as a Provider of employee benefits solutions for enterprises. Empyrean has raised $56M in funding from FTV Capital and Claritas Capital. The company has 1075 active competitors, including 232 funded and 137 that have exited. Its top competitors include companies like Hinge Health, Ekincare and Sharecare.
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
- 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
Investors
Ranked
69th among 1075 active competitors
Employee Count
1,086 as on Aug 31, 2026
Exit Details
Acquired by Securian Financial (Nov 25, 2019)
Legal entities associated with Empyrean
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's acquisition details
Empyrean got acquired by Securian Financial on Nov 25, 2019.
Click here to take a look at Empyrean's acquisition in detail
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Empyrean's funding and investors
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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 03, 2015 | 9367592 | Series C | 3204896 | 3802506 | 7900939 | 2966329 |
Feb 27, 2013 | 8792833 | Series C | 4292099 | 3673267 | 7673059 | 4508736 |
May 23, 2007 | 6471614 | Series B | 9463498 | 7756031 | 1049424 | 5580052 |
View details of Empyrean's funding rounds and investors
Empyrean's founders and board of directors
Founder? Claim ProfileThe founders of Empyrean is Richard Wolfe.
Here are the details of Empyrean's key team members:
- Richard Wolfe: Co-Founder & CEO of Empyrean and founder of 1 other company. Contact Info: 1 email address
View details of Empyrean's Founder profiles and Board Members
Empyrean's employee count trend
Empyrean has 1,086 employees as of Aug 26. Here is Empyrean's employee count trend over the years:
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Empyrean's Competitors and alternates
Top competitors of Empyrean include Hinge Health, Ekincare and Sharecare. Here is the list of Top 10 competitors of Empyrean, 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 | 84/100 | |
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 | Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services | - | 75/100 | ||
6th | Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | 75/100 | |
7th | HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 74/100 | |
8th | Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | 74/100 | |
9th | Sword Health 2015, New York (United States), Series E | Provider of AI-powered digital physical therapy and pelvic health solutions | $450M | 74/100 | |
10th | Chapter 2013, New York City (United States), Series E | Digital medicare plan and benefits management tool for employees and individuals | $284M | 73/100 | |
69th | Empyrean 2006, Houston (United States), Acquired | Provider of employee benefits solutions for enterprises | $56M | 56/100 |
Looking for more details on Empyrean's competitors? Click here to see the top ones
Empyrean's Investments and acquisitions
Empyrean has acquired 2 companies including Enspire and Bloom Health. Empyrean has not made any investments as of now.Reports related to Empyrean
Here is the latest report on Empyrean's sector:
News related to Empyrean
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Purchasing Power Hires Sara Harris as National Sales DirectorMetro Atlanta CEO•Feb 14, 2025•Purchasing Power, Empyrean
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Empyrean Benefit Solutions to spend $4 Million to occupy 33,335 square feet of space in Houston Texas.intelligence360•Dec 06, 2024•Empyrean
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Empyrean Benefit Solutions to occupy 41,667 square feet of space in Houston Texas.intelligence360•Aug 08, 2024•Empyrean
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Health benefits management co. plans HQ move to a smaller spaceThe Business Journals•Jul 25, 2024•Empyrean
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Parkway negotiates lease to bring Houston’s CityWestPlace to 98% occupancyrejournals.com•Jul 24, 2024•Parkway Properties, Empyrean
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Securian Financial subsidiary acquires employee communication and engagement platformBusiness Wire•Mar 22, 2023•Enspire, Empyrean, Securian Financial
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