Benefitfocus Inc
Charleston, US · Founded 2013 · Delaware corporation · 877 employees on LinkedIn · 4 known investors
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2 people in our graph share verified history with the Benefitfocus Inc team — schools, employers, funds. One of them is your warm intro.
Caroline Erikssonunlockedknows Shawn A. Jenkins · together at Charleston Southern University
knows the team · via Charleston Southern University
Benefitfocus provides cloud-based software solutions for benefits and health care administration, serving employers, health plans, and brokers. The platform simplifies benefits administration and reduces health care and benefits costs.
Founders & leadership
Benefitfocus Inc was founded in 2013 by Mason R. Holland, Jr. and Shawn A. Jenkins.
MR
Mason R. Holland, Jr.Executive Chairman, Director
SA
Shawn A. Jenkinsinco-Founder and CEO2000–2017Shawn A. Jenkins co-founded and served as CEO of Benefitfocus from 2000 to 2017, leading the benefits administration software company through its IPO to a $1 billion valuation. He is currently co-founder and chairperson of 3Together, a platform for investing in healthcare and benefits-focused companies.
FJ
Francis J. Pelzer, VExecutive
DR
Donald R. Taylor, Jr.Chief Technology Officer
RA
Raymond A. AugustChief Operating Officer
MA
Milton A. AlpernChief Financial Officer and Secretary
AL
Andrew L. HowellChief Commercial Officer
Board
JP
Joseph P. DiSabatoBoard director
AL
A. Lanham NapierBoard director
AH
DD
Douglas DennerlineBoard director
SM
Stephen M. SwadBoard director
Investors · 4
Reported raises · per SEC filings
Form D private placements$154.7M disclosed across 2 rounds · 2015–2020
▶$80MraisedJun 2020 · 1 investors · Other TechnologyRule 506(b)
▶$80MraisedJun 2020 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Annmarie FiniExecutive Officer
- Douglas DennerlineDirector
- Raymond A. AugustExecutive Officer, Director
- Mason R. Holland, Jr.Director
- A. Lanham NapierDirector
- James RestivoExecutive Officer
- Stephen M. SwadExecutive Officer
- Francis PelzerDirector
- Ana WhiteDirector
- Offering amount
- $80M
- Amount sold
- $80M
- First sale
- Jun 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$74.7MraisedMar 2015 · 1 investors · Other TechnologyRule 506(c)
▶$74.7MraisedMar 2015 · 1 investors · Other Technology
Rule 506(c)Officers, directors & promoters on the filing
- Francis J. Pelzer, VDirector
- Joseph P. DiSabatoDirector
- Donald R. Taylor, Jr.Executive Officer
- Raymond A. AugustExecutive Officer
- Milton A. AlpernExecutive Officer
- Mason R. Holland, Jr.Executive Officer, Director
- Andrew L. HowellExecutive Officer
- Shawn A. JenkinsExecutive Officer, Director
- Douglas A. DennerlineDirector
- A. Lanham NapierDirector
- Ann H. LamontDirector
- Stephen M. SwadDirector
- Offering amount
- $90.1M
- Amount sold
- $74.7M
- First sale
- Feb 2015
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlap
PlanSource Benefits Administration1015 shared keywordsPlanSource provides a benefits administration platform that helps organizations manage employee benefits enrollment, administration, and decision-making using AI-powered tools. The platform serves employers and benefits administrators seeking to modernize benefits management processes.
ADP857 shared keywordsADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally. The company serves as a comprehensive provider of HCM software and business outsourcing services with analytics and compliance expertise.
Bswift781 shared keywordsbswift is an AI-native benefits administration platform that helps employers manage enrollment, eligibility, and compliance, offering both fully customizable (Unlimited) and pre-defined (Simplify) implementation paths. It also provides COBRA and compliance administration, dependent verification, payroll reconciliation, a 24/7 employee service center, and data-driven engagement tools for enterprises, mid-market employers, brokers, and channel partners.
Employee Navigator714 shared keywordsEmployee Navigator provides a benefits administration, HR management, and compliance platform used by employers and insurance brokers to manage employee benefits, ACA reporting, payroll integrations, onboarding, and time-off tracking. The platform connects employers, brokers, and industry partners through 600+ integrations.
Intuit®674 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Companies competing with Benefitfocus Inc for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Benefitfocus Inc do?
- Benefitfocus provides cloud-based software solutions for benefits and health care administration, serving employers, health plans, and brokers. The platform simplifies benefits administration and reduces health care and benefits costs.
- Who founded Benefitfocus Inc?
- Benefitfocus Inc was founded by Mason R. Holland, Jr., Shawn A. Jenkins in 2013.
- Who are Benefitfocus Inc's investors?
- Benefitfocus Inc's investors include BuildGroup, Council, Oak HC/FT, Oak Investment Partners.
- How much funding has Benefitfocus Inc raised?
- Benefitfocus Inc has disclosed $154.7M raised across 2 rounds.
- Where is Benefitfocus Inc headquartered?
- Benefitfocus Inc is headquartered in Charleston, US.