PlanSource - About the company
PlanSource is an acquired company based in Orlando (United States), founded in 2008 by Ted White. It operates as a Cloud-based HR and benefits administration platform for SMB. PlanSource has raised $94M in funding from investors like Lemhi Ventures, Great Hill Partners and Timucuan Asset Management. The company has 410 active competitors, including 111 funded and 79 that have exited. Its top competitors include companies like Hinge Health, Sharecare and Wellhub.
Company Details
Cloud-based HR and benefits administration platform for SMB. It automates benefits transactions and connects with the insurance carriers. The company also provides PlanSource HR, a benefits content management system to equip benefits advisors with the content publishing technology to communicate human resources and benefits information to employees.
- Website
- plansource.com
- Social
- Email ID
- *****@plansource.com
- Phone Number
- +1 **********
- Registered Address
- Orlando, Florida
Key Metrics
Founded Year
2008
Location
Orlando, United States
Stage
Acquired
Total Funding
$94M in 3 rounds
Latest Funding Round
Investors
Ranked
25th among 410 active competitors
Employee Count
544 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Vista Equity Partners (Mar 25, 2019)
Legal entities associated with PlanSource
PlanSource is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PlanSource Benefits Administration, Inc. CIN: 118518 , United States, Active | Sep 28, 2008 | - | - | - |
PLANSOURCE INDIA OPERATIONS PRIVATE LIMITED CIN: U72900KA2020FTC137822 , India, Active | Aug 28, 2020 | ₹50 - ₹100 Cr (As on Mar 31, 2024) | 196 (As on Dec 31, 2024) | |
PLANSOURCE FINANCIAL SERVICES, INC. CIN: 593707284 , United States, Active | Dec 26, 999 | - | 1933 (As on Dec 31, 2024) | - |
PlanSource's acquisition details
PlanSource got acquired by Vista Equity Partners on Mar 25, 2019.
Click here to take a look at PlanSource's acquisition in detail
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PlanSource's funding and investors
PlanSource has raised a total funding of $94M over 3 rounds. Its first funding round was on Feb 01, 2012. Its latest funding round was a Series C round on Aug 21, 2015 for $*****. 1 investor participated in its latest round. PlanSource has 5 institutional investors.
Here is the list of recent funding rounds of PlanSource:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 21, 2015 | 5066706 | Series C | 6561128 | 6086904 | 4529004 | 6945884 |
Jan 09, 2014 | 6542391 | Series B | 1794275 | 8789755 | 4992897 | 4430972 |
Feb 01, 2012 | 5911393 | Series A | 6916228 | 3882387 | 3051911 |
Access funding benchmarks and valuations. Sign up today!View details of PlanSource's funding rounds and investors
PlanSource's founders and board of directors
Founder? Claim ProfileThe founders of PlanSource is Ted White.
Here are the details of PlanSource's key team members:
- Ted White: Co-Founder of PlanSource.
View details of PlanSource's Founder profiles and Board Members
PlanSource's employee count trend
PlanSource has 544 employees as of Aug 26. Here is PlanSource's employee count trend over the years:
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PlanSource's Competitors and alternates
Top competitors of PlanSource include Hinge Health, Sharecare and Wellhub. Here is the list of Top 10 competitors of PlanSource, 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 | Sharecare 2010, United States, Acquired | Provider of health and wellness social network for employees | $64M | 78/100 | |
3rd |  Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | 74/100 | |
4th |  HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 74/100 | |
5th |  Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | 74/100 | |
6th | Alight 2015, Lincolnshire (United States), Public | Provider of technology-enabled solutions for health, wealth, and human capital | $10.5M | 74/100 | |
7th |  Sword Health 2015, New York (United States), Series E | Provider of AI-powered digital physical therapy and pelvic health solutions | $450M | 74/100 | |
8th | Wright Express 1983, Portland (United States), Public | Provider of fleet management, employee benefits, and business payment solutions | - | 73/100 | |
9th | Businessolver 1998, West Des Moines (United States), Late Stage | Cloud-based employee benefits administration solution | $65.2M | 73/100 | |
10th |  Healthee 2021, New York City (United States), Series B | AI-powered health benefits application for healthcare services | $84M | 72/100 | |
25th | PlanSource 2008, Orlando (United States), Acquired | Cloud-based HR and benefits administration platform for SMB | $94M | 65/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on PlanSource's competitors? Click here to see the top ones
PlanSource's Investments and acquisitions
PlanSource has acquired 2 companies including Next Generation Enrollment and ClearBenefits. PlanSource has not made any investments as of now.Reports related to PlanSource
Here is the latest report on PlanSource's sector:
News related to PlanSource
Filter this listMedia has covered PlanSource for a total of 8 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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PlanSource Unveils Delivery Hub, an AI Breakthrough to Automate and De-Risk Benefits Administration ConfigurationNat Law Review•Jul 01, 2026•PlanSource
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Symetra Partners with PlanSource to Streamline Workforce Benefits AdministrationInsuranceNewsNet•Jun 23, 2026•Symetra, PlanSource
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PlanSource Launches Delivery Hub, an AI-Powered Tool to Automate Benefits Administration ConfigurationRad AI•Jun 05, 2026•PlanSource
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PlanSource Certified as a Great Place to Work® for Fourth Consecutive YearRad AI•Mar 13, 2026•PlanSource
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PlanSource Named UKG 2025 Innovator of the Year for Leading the Way in Connected Benefits ExperiencesBusiness Wire•Oct 30, 2025•PlanSource
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PlanSource Earns Great Place To Work Certification for Third Consecutive YearBusiness Wire•Jul 01, 2025•PlanSource
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AppViewX Appoints Paul Trulove as CPO, Madhu Venkatarajan as CTO, and Chris Bailey Joins Board to Boost InnovationOnline Media Cafe•May 29, 2025•PlanSource, AppViewX
•
PlanSource Unveils Bold AI-Driven Plans to Transform the Benefits Experience for HR AdministratorsBenzinga•Feb 18, 2025•PlanSource
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