Fundraising Fox

Benefitbay

Kansas City, US · Founded 2021 · Delaware corporation · 3 known investors

benefitbay.com ↗

benefitbay operates an ICHRA (Individual Coverage Health Reimbursement Arrangement) platform that provides tools for plan modeling, compliance, deployment, and enrollment. It serves employers looking to offer ICHRA health benefits to their workforce.

HealthtechHR TechInsurTechin /benefitbay

Founders & leadership

BB
Brandy BurchExecutive Officer, Director
ZA
Zach Andrew HarrisExecutive Officer, Director
JM
John McIlwraithDirector
SS
Scott ShaneDirector
DL
David LambertDirector

Investors · 3

Invest NebraskaLincoln · $250K
KCRise FundreportedKansas City · $1Mvia Darcy Howe · inferred
Ten Coves Capitalreported

Reported raises · per SEC filings

Form D private placements
▶$17.5MraisedMay 2026 · 4 investors · Other
Rule 506(b)
Kansas City's Benefitbay Raises $18 Million to Scale Its Broker-First ICHRA Platform - Fundraise Insiderfundraiseinsider.com · May 2026Benefitbay raises $18 millioncoverager.com · May 2026
Officers, directors & promoters on the filing
  • Michael LipinDirector
  • John McIlwraithDirector
  • Kevin MullinsExecutive Officer
  • Brandy ThompsonExecutive Officer, Director
  • Daniel KittredgeDirector
  • David LambertDirector
Offering amount
$19M
Amount sold
$17.5M
Minimum investment
$1
First sale
May 2026
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$9.7MraisedMar 2026 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Scott ShaneDirector
  • John McIlwraithDirector
  • Brandy ThompsonExecutive Officer, Director
  • David LambertDirector
Offering amount
$9.7M
Amount sold
$9.7M
Minimum investment
$1
First sale
Aug 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3MraisedAug 2024 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • John McIlwraithDirector
  • Scott ShaneDirector
  • David LambertDirector
  • Brandy BurchExecutive Officer, Director
Offering amount
$3.8M
Amount sold
$3M
Minimum investment
$1
First sale
Apr 2024
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.3MraisedMar 2023 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brandy BurchExecutive Officer, Director
  • Kelley HalpinDirector
  • Scott ShaneDirector
Offering amount
$2.5M
Amount sold
$1.3M
Minimum investment
$1
First sale
Feb 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.2MraisedMay 2021 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Zach Andrew HarrisExecutive Officer, Director
Offering amount
$3M
Amount sold
$1.2M
Minimum investment
$25K
First sale
Apr 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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